Tata Backed Telecom Stock Jumps Over 4%; Stock Surges 53% in 5 Sessions After 5G, MWC Announcements

On Wednesday, shares of Tejas Networks Ltd jumped 4.37 per cent to Rs 505.90 per share from its previous closing of Rs 484.70 per share. The stock’s 52-week high is Rs 914.40 per share and its 52-week low is Rs 294.00 per share.

As of 15:04:50 IST, the stock was trading at Rs 505.90 on the NSE. During the session, it touched an Intraday high of Rs 528.95, marking a surge of 9.13 per cent from the previous close of Rs 484.70. Over the past five trading sessions, the Tata Group company’s stock has skyrocketed by over 53 per cent.

The recent rally follows a series of key business developments. Last week, the company bagged an order to manufacture and supply 5G massive MIMO radios. In a regulatory filing, the Tata Sons subsidiary said it has signed an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios.

Commenting on the agreement, Arnob Roy, Chief Operating Officer and Executive Director of Tejas Networks Ltd, said the partnership with NEC will accelerate wireless innovation by leveraging expertise in carrier-class product development for global telcos. He added that the companies will co-create advanced 5G and 5G-Advanced solutions to meet evolving global customer needs.

Masayuki Kayahara, Corporate Senior Vice President of Global Network Division at NEC Corporation, said the deal strengthens NEC’s collaboration with Tejas Networks for 5G massive MIMO radios and supports supply-chain diversification, helping build a resilient and flexible global ecosystem.

Sanjay Malik, Chief Strategy and Business Officer of Tejas Networks Ltd, said the company is delighted to win the deal in partnership with NEC as it expands internationally and aims to replicate the success across 4G and 5G mobile networks in emerging and developed markets.

On March 3, Tejas Networks Ltd also announced the launch of TJ1600-D3, its next-generation WDM optical transport product designed to address surging demand for terabit-scale data centre interconnections globally. The product was unveiled by Jyotiraditya Scindia at the Mobile World Congress 2026 in Barcelona, Spain.

Scindia congratulated the company for achieving another milestone in designing and manufacturing cutting-edge telecom products for an AI-powered world, highlighting India’s growing strength in global technology innovation.

Arnob Roy noted that shifting traffic patterns, driven by web scalers, carriers and cloud providers building larger data centres and AI compute clusters, have reshaped network architectures. He said the TJ1600-D3 is a compact, energy-efficient and scalable solution to meet evolving connectivity requirements.

Tejas Networks Ltd designs and manufactures high-performance wireline and wireless networking products for telecom service providers, internet service providers, utilities, Defence and government entities across more than 75 countries. The company is part of the Tata Group, with Panatone Finvest Ltd, a subsidiary of Tata Sons Pvt Ltd, as the majority shareholder.

The company has a total market capitalisation of Rs 8,963.70 crore. The stock has delivered 162.26 per cent returns over the past five years.

Disclaimer: The article is for informational purposes only and not investment advice.