Tejas Networks, a key player in the telecom industry, has seen a big jump in its stock value. On March 21, 2025, its shares went up by 17%. This is a 29% rise from its lowest point in the past year. This big jump has caught the eye of investors and analysts.
Recent Performance and Financial Highlights
Several factors have led to Tejas Networks' share price increase. The company got ₹123.45 crore as an incentive under the PLI scheme for 2023-24. This was announced on March 12, 2025, showing the government's support for Tejas Networks in the telecom sector.
Tejas Networks has shown strong financial results lately. In Q3FY25, it made a profit of ₹166 crore, a big change from a loss of ₹45 crore the year before. Its sales and services revenue also jumped to ₹2,497 crore, up from ₹560 crore the year before.
Strategic Initiatives and Growth Prospects
Tejas Networks' growth is boosted by its strategic moves and partnerships. It helped BSNL expand its network by supplying equipment for over 58,000 sites in September 2024. This move helped increase the company's revenue.
Looking forward, Tejas Networks is ready to take advantage of new chances. These include:
BSNL's 4G and 5G Upgrades: The company expects big orders from BSNL's network upgrades, which will boost its revenue.
Kavach System Installation: Tejas Networks will install the Kavach system for Indian Railways. This shows the company's growing range of services.
Private 5G Applications: The company has won a big private 5G order for a large Indian enterprise. This shows its skill in next-gen tech.
BharatNet Phase 3 Expansion: The expansion of BharatNet Phase 3 is a big chance for Tejas Networks to grow in rural broadband.
Market Position and Investor Sentiment
Tejas Networks has strengthened its market position by aligning with industry trends and government plans. It's known for making high-performance telecom and data networking products. Being part of the Tata Group adds to its credibility.
Investors are more confident now. The recent rise in share price shows they believe in the company's direction and financial health. Analysts think Tejas Networks will keep growing, thanks to its focus on 5G.
Conclusion
Tejas Networks' recent success shows it's strong and smart in the fast-changing telecom world. Its good financials, partnerships, and strong orders make it ready for more growth. As the telecom world keeps changing, Tejas Networks' focus on innovation will likely bring big benefits to its stakeholders.
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