Tejas Networks Share Price | This stock is running at the speed of the rocket after order received from Tata

Tejas Networks Share Price | After getting a big order for Tejas Network from the Tata Group, the company’s shares are running at the speed of rockets. Tata Consultancy Services has also given an advance of Rs 750 crore to Tejas Network for this order. After which the stock of Tejas Network touched its high record on 8 September. The stock hit a 52-week high of Rs 934.90 and a low of Rs 510.

Tejas Networks Share Price | Tata group places big order

Tata Consultancy Services (TCS), the flagship IT company of the Tata Group, has been awarded 4G/4G support for Bharat Sanchar Nigam Limited (BSNL) across the country. An order of Rs 15,000 crore was already received for setting up 5G network.

For this related work, Tata has now placed a new order with Tejas Network. This agreement includes 4G/5G. The installation of 5G networks includes the supply of necessary radio access network equipment and other important things.

Tejas makes network data networking products and network optical products. Along with this, it provides telecommunication services in more than 75 countries. This company is also an Internet Service Provider.

Tejas Networks Share Price | Order worth Rs 7,492 crore

Tejas Network has signed an agreement with TCS for the supply and support of annual maintenance service, radio access network equipment for BSNL’s pan-India 4G/5G. The total value of the order is Rs 7,492 crore. The supply will be done in 2023-2024. For which maintenance and maintenance by Tejas Network will be done for up to 9 years.

Stock Status

In the last five days, the stock of Tejas Network Limited has gained 4.41%. This increase has been 8.85% in one month. A month ago, on August 9, this stock closed at 821.30. In the last six months, this stock has earned a return of 41.66% to its investors.

The stock has gained 47.43% since the beginning of this year. The stock had closed at 606.40 on January 2 at the beginning of this year. Talking about the performance of the stock in the last one year, it recorded an increase of 42.99%. In five years, this stock has given a return of 195.15% to its investors.

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