Tejas Networks Ltd

(TEJASNET)

Tejas Networks Benefits from Rising Dollar and Global Expansion - 13 Nov, 2024

Tejas Networks is poised to benefit from a strengthening dollar due to its strong export operations and international client base. The company, a leader in optical networking, is expanding its global footprint, particularly in developing regions. With significant revenue growth projected and a focus on innovation, Tejas is well-positioned for future success.

Tejas Networks Reports Record Revenue and Profit Growth - 12 Nov, 2024

Tejas Networks Ltd achieved its highest quarterly revenue of INR 2,811 crores in Q2 FY25, with profit after tax rising to INR 275 crores. The company's order book stands at INR 4,845 crores, and its stock has increased by 14% since Ratan Tata's passing, bolstered by PLI incentives.

Tejas Networks Sees Growth from BSNL Network Expansion - 08 Nov, 2024

Tejas Networks highlighted growth potential from BSNL's pan-India network ramp-up during its earnings call. The company has received additional orders for 4G sites and is conducting a Proof of Concept for 5G upgrades.

Tejas Networks Positioned for Strong Growth Ahead - 29 Oct, 2024

Tejas Networks is set for robust growth, driven by significant opportunities in 4G/5G expansions, Indian railway projects, and international markets. The company has a strong order book of Rs 4,845 crore and a Buy rating with a target price of Rs 1,650 per share.

Tejas Networks Receives Positive Buy Recommendation - 25 Oct, 2024

Tejas Networks (TNL) has received a Buy recommendation from Ventura, with a target price of ₹1,850, indicating a potential upside of 48.5%. Ventura forecasts strong revenue and earnings growth from FY24-27, with significant improvements in margins and return ratios.

Ventura Securities Initiates Coverage on Tejas Networks - 24 Oct, 2024

Ventura Securities has initiated coverage on Tejas Networks Limited with a BUY rating and a target price of Rs 1,850 in 24 months. The company is expected to see significant revenue and earnings growth over FY24-27, with positive margin improvements.

Tejas Networks Reports Exceptional Growth in Q3 2024 - 22 Oct, 2024

Tejas Networks reported a remarkable 682.31% increase in net sales to Rs 2,810.14 crore for September 2024. Net profit surged 2321.87% to Rs 266.18 crore, with EBITDA rising 2439.61%. The EPS increased to Rs 15.53. Shares closed at Rs 1,318.60, reflecting strong returns of 45.40% over six months and 59.26% over twelve months.

Tejas Networks Surges 20% on Strong Q2 Results - 21 Oct, 2024

Tejas Networks shares surged 20% to ₹1,427.55 following impressive Q2 FY25 results, reporting revenue of ₹2,811 crore and a net profit turnaround. The company attributes growth to increased shipments for BSNL's network and strong international demand for its products.

Tejas Networks Reports Impressive Q2FY25 Turnaround - 20 Oct, 2024

Tejas Networks Ltd reported a remarkable turnaround with a 2,277% net profit increase in Q2FY25, alongside a 610% rise in net sales. The stock surged 8.12% to Rs 1,215.85, reflecting strong investor confidence and a robust order book of Rs 4,845 crore.

Tejas Networks Reports Strong Q2 Growth and Profit - 19 Oct, 2024

Tejas Networks announced a remarkable Q2 FY 2024-25, with profits of ₹275.18 crore and revenue growth of 610% year-over-year. The company shows strong performance and a consensus 'Strong Buy' recommendation from analysts, reflecting confidence in its future prospects.

Tejas Networks Reports Strong Growth Ahead of Q2 Earnings - 18 Oct, 2024

Tejas Networks showcases impressive growth with a seven-fold revenue increase in Q2 FY25, net profit of ₹266 crore, and strong trading activity leading up to earnings release.