Tejas Networks is currently trading at Rs. 833.30, up by 1.30 points or 0.16% from its previous closing of Rs. 832.00 on the BSE.
The scrip opened at Rs. 830.15 and has touched a high and low of Rs. 846.90 and Rs. 827.25 respectively. So far 63846 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 939.90 on 18-Oct-2023 and a 52 week low of Rs. 510.05 on 30-Jan-2023.
Last one week high and low of the scrip stood at Rs. 846.90 and Rs. 810.15 respectively. The current market cap of the company is Rs. 14212.84 crore.
The promoters holding in the company stood at 55.92%, while Institutions and Non-Institutions held 15.14% and 28.94% respectively.
Tejas Networks’ subsidiary -- Saankhya Labs has received a Provisional Purchase order worth Rs 96.42 crore (excluding GST) from NSIL (NewSpace India, a wholly owned Government of India undertaking/Central Public Sector Enterprise (CPSE), under the administrative control of Department of Space). The order is for Supply, Installation and Commissioning of Two-Way MSS Terminals (Xponders) for Vessel communication and Support System in Marine Fishing Vessels for Monitoring, Control and Surveillance (MCS) along the coastal states of India.
As part of this contract, Saankhya Labs in co-ordination with NSIL, ISRO and the Department of Fisheries shall deploy its indigenously designed and developed satellite terminals (Xponders) on motorized and mechanized fishing vessels. Once commissioned, the network shall provide vessel communication and support system enhancing the safety and security for fishermen and would mitigate sea-borne threat concerns from national security perspective. The Xponders also enable navigational assistance, automatic boundary crossing alarm and emergency weather alerts to fishermen.
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 |
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