Nagarjuna Construction Company (NCC) selects Tejas Networks as the supplier of IP/MPLS Routers for multiple packages of BharatNet Phase III project
DSIJ Intelligence-1 / 23 Oct 2025/ Categories: Mindshare, Trending
The stock has given multibagger returns of over 480 per cent in 5 years.
Tejas Networks Ltd [BSE: 540595, NSE: TEJASNET] announced that the company has started shipping its industry-leading IP-MPLS Routers and Management System for the Madhya Pradesh, Dadra Nagar Haveli, Daman and Diu and Uttarakhand packages as part of the BharatNet Phase III project. Tejas is partnering with NCC, a leading industrial conglomerate, to upgrade the existing middle-mile broadband infrastructure in these states from linear to ring topology across 30,841 GPs and 411 Block locations by using IP-MPLS technology.
BharatNet is an ambitious program of the Government of India, funded by the Digital Bharat Nidhi (DBN), that seeks to extend high-speed broadband connectivity to every village in the country to empower rural India, foster inclusive growth and bridge the digital divide between urban and rural communities. The network infrastructure under this project shall be a national asset and accessible on a non-discriminatory basis to all eligible service providers, enabling delivery of online education, telemedicine and e-governance services in rural and remote areas.
About the Company
Tejas Networks Ltd designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, Defence and government entities in over 75 countries. Tejas Networks Ltd. is a part of the Tata Group, with Panatone Finvest Ltd (a subsidiary of Tata Sons Pvt Ltd) being the majority shareholder.
According to the Quarterly Results (Q1FY26), the company reported net sales of Rs 202 crore and net loss of Rs 194 crore. In its annual results, the company reported net sales of Rs 8,923 crore and net profit of Rs 447 crore. The company boasts a significant market capitalisation of over Rs 9,500 crore, underpinned by the backing of the Tata Group. The stock is down over 60 per cent from its all-time high of Rs 1,459.80 per share.
As of June 30, 2025, the company's Order Book stands at Rs 1,241 crore. This does not include the anticipated BSNL 18,000-site order (Rs 1,500 crore), which is expected to be received shortly. The stock has given multibagger returns of over 480 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.