Tejas Networks Shares Soar 60% in Just 4 Sessions! What is causing the sharp increase?

Shares of Tejas Networks rose as much as 15% to hit an intraday high of Rs 503 on the BSE on Monday, marking their fourth straight session of gains. With today’s rally, the stock has seen an impressive 60% increase over the same period.Volumes were strong in today’s session as shares of Rs 7 crore changed hands, significantly higher than the one-week and one-month averages of shares of Rs 4 crore and Rs 1 crore respectively.

Last week, the company announced that it has signed an agreement with NEC Corporation for the production and supply of massive 5G MIMO radios. With today’s rise, the stock has broken a four-day losing streak.MIMO (Multiple-Input Multiple-Output) is a wireless technology that increases data speed and signal reliability by using multiple antennas on both the transmitter and receiver, instead of just one.

Tejas Networks is a leading manufacturer and supplier of a versatile mobility product suite consisting of 4G and 5G radio access networks (RAN), including high-capacity 32TR and 64TR massive MIMO radios that meet both 3GPP and O-RAN standards.

Sanjay Malik, Chief Strategy and Business Officer of Tejas Networks said, “We are excited to secure this deal in partnership with NEC as we expand our operations internationally. We look forward to building on this momentum and replicating this success in other 4G/5G mobile networks in emerging and established markets.”

Tejas Networks Q3 Snapshot

The domestic telecom equipment maker reported a consolidated loss of Rs 196.55 crore for the October-December quarter, marking its second consecutive quarterly loss. The weak performance was largely driven by a sharp decline in sales, including the postponement of purchase orders from state-owned Bharat Sanchar Nigam Limited (BSNL). In the same quarter last year, the company posted a profit of Rs 165.67 crore.

Consolidated revenue from operations fell sharply by around 88% year-on-year to Rs 307 crore in the December 2025 quarter, compared to around Rs 2,642 crore reported in the December 2024 quarter.

During the reported quarter, approximately 85% of the company’s revenue mix, excluding operating income, came from the domestic market, while the remaining 15% was contributed by international operations.

The company said it was holding inventory worth Rs 2,363 crore as of the December 2025 quarter, which it expects to convert into finished products and ship in the coming months. Cash balances stood at Rs 537 crore during the quarter.

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