Tejas Networks shares have experienced a remarkable rally, skyrocketing by over 53% in the past five trading sessions. According to reports from Upstox, the stock was trading 5.7% higher in morning trade on Wednesday, March 4, on the NSE. This significant surge follows the company's recent product announcements and strategic partnerships that have boosted investor confidence in the telecommunications equipment manufacturer.
The recent uptick in stock price came after Tejas Networks last week secured a significant order to supply 5G massive MIMO radios. As reported by Upstox, the company signed an agreement with NEC Corporation to manufacture and supply these critical telecommunications components. Arnob Roy, Chief Operating Officer and Executive Director of Tejas Networks, stated that the partnership will accelerate wireless innovation by leveraging both companies' expertise in carrier-class product development for global telecommunications operators.
On Tuesday, March 3, Tejas Networks announced the launch of TJ1600-D3, its next-generation, versatile WDM (Wavelength Division Multiplexing) optical transport product. According to Upstox, the product was unveiled by Shri Jyotiraditya Scindia, Hon'ble Union Minister of Communications and Development of the North Eastern Region, at Mobile World Congress (MWC) 2026 in Barcelona, Spain. The product is specifically designed to meet the surging demand for terabit-scale data centre interconnections worldwide.
As reported by Upstox, Tejas Networks designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defense, and government entities across over 75 countries. The company is part of the Tata Group, with Panatone Finvest Ltd. (a subsidiary of Tata Sons Pvt. Ltd.) being the majority shareholder. Sanjay Malik, Chief Strategy and Business Officer, expressed optimism about expanding the business internationally and replicating success in other 4G/5G mobile networks across emerging and established markets.
