Tejas Networks shares experienced a significant surge of 19.8% to ₹554.95 per share on the NSE during Thursday's trading session. According to reports from exchange4media, this marked the fourth consecutive day of gains for the stock, with the total rally extending to approximately 32% over the four-day period. The sustained buying interest from investors reflects growing confidence in the company's technological capabilities and broader sector momentum.
The rally was triggered by exchange4media's report that Tejas Networks equipment successfully cleared multi-ministry-backed lab and field trials for direct-to-mobile (D2M) broadcasting. The trials were conducted under the supervision of officials from the Ministry of Information and Broadcasting, Ministry of Electronics and Information Technology, the Department of Telecommunications and Prasar Bharati. As reported by exchange4media, the trials used Tejas Networks MarkOne D2M handset on the ATSC 3.0 standard in the 470-582MHz spectrum band. The field tests also assessed real-world performance in the national capital, confirming stable user experience where traditional voice calls and SMS services remained unaffected.
The lab trials focused on transmitter spectral compliance and co-existence with existing terrestrial mobile networks. According to the report, D2M signals did not interfere with legacy and existing networks, including 2G, 3G, 4G and 5G services. The trials also validated the performance of compatible receivers, dongles, smartphones and home gateways, demonstrating the technology's compatibility with existing telecommunications infrastructure. The results indicated that D2M signals do not interfere with 2G, 3G, or 5G services, easing concerns from telecom operators.
The sharp upside in Tejas Networks can be attributed to the strong sector-wide momentum in the BSE Telecom space, with the sector emerging as the best-performing sector of the day with gains of over 2.5% even as broader benchmark indices were trading in the red. The rally was broad-based, with key telecom and network infrastructure names such as HFCL, ADC India Communications Limited, and Sterlite Technologies surging as much as 7.75% during the session. This sectoral strength reflected renewed buying interest in telecom equipment and optical network-linked companies, with Tejas Networks leading the momentum within the space.
Looking ahead, Tejas Networks appears to be building a steady pipeline of opportunities across both domestic and international markets. In its Q4 FY26 earnings call on 15 April 2026, the company highlighted that it has already received an initial order for expanding 4G networks from a customer in South Asia, indicating that demand for network upgrades is still active even as telecom operators gradually move toward newer technologies. The company is also running multiple field trials for its 4G and 5G RAN products across South Asia and the Americas, showing that its solutions are being tested in a wider set of global markets.
