Page 3 - Tejas Network News Today

"We continue to see good business traction, both for our wireless as well as our wireline business. On the wireless segment, we continued to ramp up our BSNL 4G RAN shipments, and several thousand systems have been shipped which are a combination of single and dual-band radios in Band 1 and Band 28," said Arnob Roy, Chief Operating Officer (COO) and Whole-Time Director, Tejas Network, at the companys Q3 FY24 post-earnings call.

For the BSNL 4G network, the Bengaluru-headquartered firm has also started supplying the backhaul equipment of IP/MPLS routers. “This is a project in several hundred of crores for deploying more than 15,000 routers. This will enable the backhaul network of the BSNL 4G nationwide network,” the COO said.

Multibagger stock: Tejas Networks shares closed 0.62% higher at Rs 863.50 on Friday. Around 0.29 lakh shares of Tejas changed hands amounting to a turnover of Rs 2.54 crore on BSE.

Tata Investment Corporation Ltd, a listed holding company for several Tata group companies, has seen its shares rallying 39.47 per cent in the last four sessions on hopes of further value unlocking ahead.

An interesting trend among superstar investors is their preference for companies with low or no debt, according to an analysis by Trendlyne.For instance, Vijay Kedia’s top three holdings, Atul Auto, Tejas Network, and Elecon Engineering, ...

State-run BSNL is likely to award a Rs 1,000-crore order to Nokia for optical transport network (OTN) equipment and deployment via a local system integrator. Financial bids have been opened, and the advance purchase order is expected to be issued to the successful bidder soon. The contract, part of BSNLs Phase-4 project, involves supplying, installing, and commissioning OTN on a pan-India scale.

The markets had a modest start to the week and closed down. Investors are approaching trading with caution, given the uncertainty in the global landscape. Ongoing tensions in the Israel-Palestine conflict, coupled with weak overseas economic fundamentals and continuous foreign institutional investor (FII) selling, have contributed to a subdued sentiment.

Top stocks to watch: Tata Motors, Airtel, Paytm, Tejas Network, HCL Techmologies, Zomato and some other counters will be in focus today.

Tejas Networks: Tejas said in a statement Wednesday that it is the sole supplier of optical networking and broadband access equipment for FibreConnect’s country-wide FTTP (fiber-to-the-premise) rollout, ranging from DWDM/PTN/OTN for Core to xPON and Ethernet for Access.

On Wednesday, 1436 stocks advanced, 2268 declined and 139 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 0.63 indicating a negative closing of stocks in broader markets.