Tejas Networks Share Price Today: Defence Stock Zooms 9% On TCS Order Update | Key Things To Know

Tejas Networks Share Price Today: Shares of Tejas Networks Limited rallied nearly 9.18% during Friday's intraday trading session after it announced receiving a Rs 1537 crore worth of order from Tata Consultancy Services Limited (TCS).

Tejas Networks share price was trading 9% higher at Rs 557.25 per share on BSE with a market capitalisation of Rs 9,917.60 crore at 3 pm on Friday. The stock had touched an intraday high of Rs 576.80 per share and an intraday low of Rs 538.35 per share.

Tejas Networks Order Update

Tejas Networks received a 'Letter of Intent' from TCS for supply of RAN equipment, accessories & installation materials for BSNL 4G mobile network for more than 18,000 sites. The order is approximately valued at Rs 1537 crore.

"We would like to inform you that the Company has received a 'Letter of Intent' dated August 27, 2026, from Tata Consultancy Services Limited ('TCS') for supply of RAN equipment, accessories & installation materials for BSNL 4G mobile network for 18,685 sites, valued at Rs.1537 Crores. The detailed Purchase Order for the same would be issued by TCS to the Company, in due course," read a press release by the company issued on Friday.

Tejas Networks Share Price Trend

The stock opened stronger during Friday's intraday trading session on the TCS order update. The defence stock touched tis 52-week high of Rs 644.75 per share on June 19, 2026. The stock had dipped to its 52-week low of Rs 294.10 per share on January 27, 2026. Its return on equity (ROE) stood at -24.84%. Its share price value has 11.5% in one month and around 26.6% in six months. The stock has 21.97% in 2026 so far.

Tejas Networks reported a net loss of Rs 202.24 crore in the June quarter of financial year 2026-27. The company's net revenue stood at 401.95 crore in Q1FY27. The firm had reported a net revenue of Rs 331.76 crore in March quarter of FY26 and a net loss of Rs 218.46 crore. Its earnings per share (EPS) improved to Rs -11.37 in Q1FY27 against Rs -12.3 per share in Q4FY26.

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