Tejas Networks is currently trading at Rs. 90.60, up by 0.80 points or 0.89% from its previous closing of Rs. 89.80 on the BSE.
The scrip opened at Rs. 90.00 and has touched a high and low of Rs. 91.80 and Rs. 89.90 respectively. So far 857 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 114.10 on 21-Nov-2019 and a 52 week low of Rs. 28.50 on 21-May-2020.
Last one week high and low of the scrip stood at Rs. 97.50 and Rs. 85.80 respectively. The current market cap of the company is Rs. 831.11 crore.
The Institutions and Non-Institutions held 32.24% and 67.76% stake respectively in the company.
C3ntro Telecom, a leading wholesale carrier based in Mexico, has chosen to expand existing partnership with Tejas Networks for the upgrade of its high-speed Backbone and Broadband network. Based in Mexico City, with coverage in major cities, C3ntro Telecom is the operator of choice for advanced data connectivity, international voice and SMS. C3ntro will deploy Tejas’ multi-terabit TJ1600 OTN/DWDM products to enhance bandwidth capacity on their optical backbone network to meet the massive surge in data center interconnect, broadband traffic from Work from Home (WFH), Video-on-Demand (VOD) and online learning.
Broadband is a key growth segment in Mexico's telecoms market. With a population of 129 million, there is significant pent-up demand for fiber and mobile broadband services in the country. C3ntro Telecom is playing a vital role in providing high speed voice and data connectivity for residential and enterprise customers in Mexico, USA and LATAM.
Tejas Networks designs, develops and sells high-performance and cost-competitive networking products to telecommunications service providers, internet service providers, utilities, defence and government entities.
| Company Name | CMP |
|---|---|
| Tejas Networks | 1340.90 |
| ITI | 289.20 |
| Black Box | 692.50 |
| Quadrant Televenture | 2.03 |
| Avantel | 171.00 |
| View more.. | |
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