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Multibagger Stock: Tejas Networks records 77% surge in April, achieves 3000% growth over 4 years

Tejas Networks, a Tata Group subsidiary, achieved new lifetime high in trading session, surging 6% to ₹1,183.35 apiece. Strong rally in April reverses previous negative returns, marking largest monthly gain since listing in 2017. ....

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Tejas Networks shares jump 20% ahead of quarterly results; here's what tech analysts say

Tejas Networks share price: The stock zoomed 19.82 per cent to hit an intraday high value of Rs 928.95. It eventually settled 16.83 per cent higher at Rs 905.75. At this price, the scrip was down 3.63 per cent from its one-year high of Rs 939.90, a level seen on October 18 last year.
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Tejas Networks Stock price News: Tejas Networks Rallies Over 30% In Three Sessions. Here Is Why

Tejas Networks shares have rallied 33 per cent in last three trading session.
Shares of telecom equipment maker - Tejas Networks - rose by its daily maximum limit of 10 per cent for third session in a row on Friday to hit an all-time high of Rs 221.50. The stock has been on investors radar after the Union Cabinet approved Production Linked Incentive (PLI) scheme for telecom equipment makers. Tejas Networks is likely to reap benefits from the PLI scheme and is the reason behind the rally in stock price, analysts said.
The Union Cabinet headed by Prime Minister Narendra Modi on Wednesday approved Rs 12,195 crore production linked incentive (PLI) scheme for the telecom and networking products in order to boost India s manufacturing capabilities and enhance exports. ....

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