Latest news with #TejasNetworksLtd
Business Standard
08-05-2025
- Business
- Business Standard
Tejas Networks Ltd Spurts 2.32%
Tejas Networks Ltd has lost 13.92% over last one month compared to 6.48% gain in BSE Telecommunication index and 8.89% rise in the SENSEX Tejas Networks Ltd gained 2.32% today to trade at Rs 706.4. The BSE Telecommunication index is up 0.84% to quote at 2860.1. The index is up 6.48 % over last one month. Among the other constituents of the index, Indus Towers Ltd increased 1.71% and Tata Teleservices (Maharashtra) Ltd added 1.62% on the day. The BSE Telecommunication index went up 9.26 % over last one year compared to the 10.02% surge in benchmark SENSEX. Tejas Networks Ltd has lost 13.92% over last one month compared to 6.48% gain in BSE Telecommunication index and 8.89% rise in the SENSEX. On the BSE, 3692 shares were traded in the counter so far compared with average daily volumes of 2.91 lakh shares in the past one month. The stock hit a record high of Rs 1495.1 on 27 Jun 2024. The stock hit a 52-week low of Rs 647 on 17 Mar 2025.
Business Standard
30-04-2025
- Business
- Business Standard
Bharti Airtel Ltd Spikes 0.65%
Bharti Airtel Ltd has added 6.05% over last one month compared to 8.21% gain in BSE Telecommunication index and 3.82% rise in the SENSEXBharti Airtel Ltd rose 0.65% today to trade at Rs 1835.75. The BSE Telecommunication index is up 0.47% to quote at 2858.09. The index is up 8.21 % over last one month. Among the other constituents of the index, Tejas Networks Ltd increased 0.24% on the day. The BSE Telecommunication index went up 5.67 % over last one year compared to the 7.91% surge in benchmark SENSEX. Bharti Airtel Ltd has added 6.05% over last one month compared to 8.21% gain in BSE Telecommunication index and 3.82% rise in the SENSEX. On the BSE, 18249 shares were traded in the counter so far compared with average daily volumes of 2.12 lakh shares in the past one month. The stock hit a record high of Rs 1904.2 on 21 Apr 2025. The stock hit a 52-week low of Rs 1224.5 on 04 Jun by Capital Market - Live News
Business Standard
28-04-2025
- Business
- Business Standard
Volumes jump at Hyundai Motor India Ltd counter
Hyundai Motor India Ltd saw volume of 5.17 lakh shares by 10:46 IST on BSE, a 9.44 fold spurt over two-week average daily volume of 54769 shares Shriram Finance Ltd, Tejas Networks Ltd, Garden Reach Shipbuilders & Engineers Ltd, Dr Lal Pathlabs Ltd are among the other stocks to see a surge in volumes on BSE today, 28 April 2025. Hyundai Motor India Ltd saw volume of 5.17 lakh shares by 10:46 IST on BSE, a 9.44 fold spurt over two-week average daily volume of 54769 shares. The stock dropped 0.99% to Rs.1,650.10. Volumes stood at 2.55 lakh shares in the last session. Shriram Finance Ltd clocked volume of 8.3 lakh shares by 10:46 IST on BSE, a 5.21 times surge over two-week average daily volume of 1.59 lakh shares. The stock lost 6.57% to Rs.612.55. Volumes stood at 3.36 lakh shares in the last session. Tejas Networks Ltd saw volume of 5.88 lakh shares by 10:46 IST on BSE, a 4.96 fold spurt over two-week average daily volume of 1.18 lakh shares. The stock dropped 10.99% to Rs.765.35. Volumes stood at 1.11 lakh shares in the last session. Garden Reach Shipbuilders & Engineers Ltd notched up volume of 4.02 lakh shares by 10:46 IST on BSE, a 3.77 fold spurt over two-week average daily volume of 1.07 lakh shares. The stock rose 7.28% to Rs.1,734.50. Volumes stood at 1.73 lakh shares in the last session. Dr Lal Pathlabs Ltd recorded volume of 14339 shares by 10:46 IST on BSE, a 3.6 times surge over two-week average daily volume of 3979 shares. The stock lost 1.74% to Rs.2,855.90. Volumes stood at 16729 shares in the last session.
Business Upturn
28-04-2025
- Business
- Business Upturn
This Tata Group stock crashes 11% as company posts surprise Q4 loss
Tejas Networks shares plunge 11% as Shares of Tejas Networks Ltd, a Tata Group company, crashed 10.87% to ₹765.60 on Monday after the firm reported a net loss during the March 2025 quarter, compared to a net profit in the same period last year. The stock emerged as one of the top losers in today's session. Advertisement Tejas Networks reported a net loss of ₹71.8 crore for the fourth quarter (Q4FY25), marking its first quarterly loss after four consecutive profitable quarters. In contrast, the company had posted a net profit of ₹146.8 crore in the March 2024 quarter. While revenue for the quarter increased by 43.7% year-on-year to ₹1,906.9 crore, the company's profitability took a massive hit due to exceptional items. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) fell sharply to ₹21 crore, compared to ₹306.42 crore a year ago. The company made a provision of ₹117 crore for inventory obsolescence and write-downs, taking the full-year figure to ₹181 crore. Additionally, it wrote off ₹22 crore in expenses related to intangible assets under development, further impacting the bottom line. Trade receivables also ballooned to ₹4,884 crore, reflecting higher shipments during the quarter. Borrowings stood at ₹3,269 crore, mostly utilized for working capital needs. Despite the weak quarter, Tejas Networks stated in its investor presentation that it expects a strong opportunity pipeline in FY26, particularly in the government and private sectors, along with expanding its global sales footprint. However, the unexpected loss and rising working capital pressures have rattled investor confidence, leading to today's steep decline in the stock price.
