Tejas Networks Ltd (NSE: TEJASNET | BSE: 540595) shares were trading around ₹442.95, up ₹18.50 (4.36%) on March 16, 2026. The stock had opened at ₹441.65, touched a high of ₹448.70, and a low of ₹434.45 during the session. The company’s market capitalization stands at about ₹7,850 crore.
Shares of Tejas Networks moved higher after the company announced that it has been selected for a 4G network expansion project in South Asia. The company has received a purchase order to supply its advanced 4G Radio Access Network (RAN) solutions for a mobile operator in the region.
Under the project, Tejas Networks will deploy its 4G multi-band radio products at multiple locations across the operator’s network. The order is expected to help the company expand its international wireless business and strengthen its presence in global telecom infrastructure markets.
Sanjay Malik, Chief Strategy and Business Officer of Tejas Networks, said the company is focused on expanding its international wireless customer base and taking its 4G and 5G mobility technology to global markets. He added that the company aims to replicate similar success in other mobile networks across India and worldwide.
Tejas Networks offers a wide range of 4G and 5G radio access network solutions and core network technologies designed for telecom operators. Its systems are built to support multi-band and multi-mode operations, allowing telecom companies to deploy networks efficiently while reducing infrastructure costs.
The company’s TJ1400 UltraFlex baseband platform integrates wireless, broadband, transport, and IP network technologies in a single compact system. This helps operators build high-performance networks while lowering overall deployment costs.
Tejas Networks, which is part of the Tata Group, designs and manufactures telecom networking products used by service providers, utilities, government organizations, and defense networks in more than 75 countries.
