Mumbai News, 2 March 2026: Tejas Networks’ share prices saw a big jump on Monday, 2 March 2026. During morning trading on NSE and BSE, the share price rose by 13.80% to reach ₹496. In the previous session (27 February 2026), the closing price was ₹435.85, and today it recorded a high of ₹502.95 and a low of ₹405.95. This bullish session shows a consecutive rise of up to 60% over four sessions, creating excitement among investors.
This growth is mainly due to the company’s 5G Massive MIMO radio supply agreement with NEC Corporation. The deal was announced on 26 February 2026, raising hopes for expansion in international markets. The financial details of the deal haven’t been disclosed, but it strengthens the company’s production capacity and its partnership in 5G technology. Tejas Networks is a Tata Group company, providing wireline and wireless networking products in over 75 countries.
Market experts’ opinion and target price:
Analysts have set a 12-month average target of ₹780 for Tejas Networks shares, which indicates about a 79% increase from the current price. Some experts have given a hold rating, focusing on the company’s growth opportunities in 5G and other technologies. However, some reports have pointed out the possibility of short-term volatility and profit-taking. The high market volume (heavy trading this morning) and interest from institutional investors are positive signs.
The company’s debt situation and the returns received by investors
Tejas Networks’ debt position is still high. In Q3 FY26 (up to December 2025), net debt was ₹3,349 crore (compared to ₹3,738 crore in the previous quarter), while gross debt stands at ₹3,885 crore. The debt-to-equity ratio is 129.4%, which is due to the company’s working capital and operations. However, efforts to reduce debt are underway.
Investors have seen mixed historical returns. The share had fallen by up to 41% over the past year (52-week high ₹914.40, low ₹294), but recent gains have led to a 47% rise in a month and 33% in a week. While the long-term (3-5 years) CAGR has remained positive, volatility is high. The company has reported losses in recent quarters (₹197 crore loss in Q3 FY26), mainly due to BSNL order deferments.
Latest updates about Tejas Networks Ltd:
- The 5G Massive MIMO deal with NEC is a major development and is important for international expansion.
- The company is taking part in MWC Barcelona 2026 (2-5 March), where new wireline and wireless innovations will be showcased.
- In Q3 FY26, revenue was ₹307 crore, which is lower, but the order book is ₹1,329 crore.
- Due to high volume and volatility, the stock has become the most traded today.
Overall, Tejas Networks’ shares are currently on the rise, mainly due to the 5G deals and market excitement. However, investors should be cautious because of high debt and unstable profits. It’s important to keep an eye on market movements.
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