Vijay Kedia loses Rs 12,55,50,000 as Tata-Group telecom stock hits 52-week low post-Q1FY26 results, reporting a net loss of Rs 194 crore!

On Tuesday, shares of Tata-Group telecom stock fell 9.93 per cent and hit a 52-week low of Rs 629.65 per share from its previous closing of Rs 699.40 per share. The shares of the company saw a spurt in volume by more than 13 times on the BSE.

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.

Mr. Arnob Roy, COO of the company, said, "In Q1FY26, we signed strategic partnerships with Rakuten Symphony for developing O-RAN solutions, and with Intel and some mobile phone manufacturers for adopting our D2M chipsets. These partnerships enhance our Go-to-Market initiatives in international markets. We won orders for our Routers for BharatNet-phase 3 and Optical equipment from private operators in India. Our shortfall in revenue was due to delays in the receipt of a few purchase orders, including the expansion order from BSNL."

Mr. Sumit Dhingra, CFO, said, "In Q1FY26, we had a revenue of Rs 202 crore and a net loss of Rs 194 crore, largely due to lower revenue. We ended the quarter with an order book of Rs 1,241 crore, representing a QoQ growth of 22 per cent. With the award of the expansion order of 18,685 sites of BSNL 4G to TCS, we expect to receive the corresponding PO for supply of RAN equipment worth Rs 1,526 crore."

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.

The company has a market capitalisation of over Rs 11,000 crore backed by the Tata Group. Vijay Kedia, an ace investor, owns Kedia Securities Private Limited, which has 18,00,000 shares or 1.02 per cent stake in Tejas Networks Ltd as of March 2025. In just 1 day, Vijay Kedia loses Rs 12,55,50,000 (as 52-week low price). Additionally, as of March 2025, the promoters own a 53.83 per cent stake, FIIs own a 7.08 per cent stake and DIIs own a 4.85 per cent stake.

As of March 31, 2025, the company's order book stands at Rs 1,241 crore. The stock has given multibagger returns of over 900 per cent in just 5 years.

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