Tejas Networks is a leading Indian company that designs, develops, and sells optical, broadband, and data networking products. With a global reach, they cater to a wide range of clients, including telecom, internet, utilities, security firms, and government entities in 75 countries. Established in 2000 and headquartered in Bangalore, Karnataka, Tejas Networks has carved a niche in the telecommunications equipment industry and boasts an impressive portfolio of intellectual properties in various telecom networking domains.
Notably, the company has become a prominent exporter to Southeast Asia and African developing countries. With its strong presence in the telecommunications equipment industry and a track record of expanding revenues and assets, Tejas Networks presents an enticing investment opportunity for those seeking to capitalize on the potential growth of the global networking market.
HOW TO PURCHASE TEJAS NETWORK SHARES?
Below are the trading platforms that you can use to purchase Tejas Networks shares:
- Zerodha
- Upstox
- Groww
- AngelOne
- ICICIDirect
- Paytm Money (Recommended)
TEJAS NETWORKS SHARE PRICE TARGET: 2024 – 2030
TEJAS NETWORKS SHARE PRICE TARGET 2024
| When | Maximum Price | Minimum Price |
| June 2024 | 1,473.12 | 1,280.97 |
| July 2024 | 1,458.39 | 1,268.16 |
| August 2024 | 1,516.72 | 1,318.89 |
| September 2024 | 1,577.39 | 1,371.65 |
| October 2024 | 1,546.46 | 1,344.75 |
| November 2024 | 1,592.86 | 1,385.09 |
| December 2024 | 1,632.68 | 1,419.72 |
Tejas Networks’ 2024 share price forecasts indicate potential growth, with projected highs between ₹1,473.12 to ₹1,632.68 by year-end.
Current market dynamics show a robust P/E ratio of 370 and a book value of ₹184, reflecting strong investor confidence amidst a market capitalization of ₹23,304 Cr.
TEJAS NETWORKS SHARE PRICE TARGET 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 1,665.33 | 1,281.03 |
| February 2025 | 1,708.03 | 1,313.87 |
| March 2025 | 1,774.65 | 1,365.11 |
| April 2025 | 1,739.85 | 1,338.35 |
| May 2025 | 1,689.17 | 1,299.37 |
| June 2025 | 1,765.19 | 1,357.84 |
| July 2025 | 1,730.58 | 1,331.21 |
| August 2025 | 1,784.10 | 1,372.38 |
| September 2025 | 1,846.54 | 1,420.42 |
| October 2025 | 1,894.55 | 1,457.35 |
| November 2025 | 1,941.92 | 1,493.78 |
| December 2025 | 1,990.46 | 1,531.13 |
Tejas Networks’ 2025 projected share prices anticipate steady growth, with highs ranging from ₹1,665.33 to ₹1,990.46 by December.
TEJAS NETWORKS SHARE PRICE TARGET 2026
| When | Maximum Price | Minimum Price |
| January 2026 | 2,050.18 | 1,577.06 |
| February 2026 | 2,102.75 | 1,617.50 |
| March 2026 | 2,184.75 | 1,680.58 |
| April 2026 | 2,141.92 | 1,647.63 |
| May 2026 | 2,079.53 | 1,599.64 |
| June 2026 | 2,173.11 | 1,671.62 |
| July 2026 | 2,130.50 | 1,638.85 |
| August 2026 | 2,196.39 | 1,689.53 |
| September 2026 | 2,273.26 | 1,748.66 |
| October 2026 | 2,332.37 | 1,794.13 |
| November 2026 | 2,390.68 | 1,838.98 |
| December 2026 | 2,450.45 | 1,884.96 |
TEJAS NETWORKS SHARE PRICE TARGET 2027
| When | Maximum Price | Minimum Price |
| January 2027 | 2,499.45 | 1,922.66 |
| February 2027 | 2,563.54 | 1,971.96 |
| March 2027 | 2,663.52 | 2,048.86 |
| April 2027 | 2,611.30 | 2,008.69 |
| May 2027 | 2,535.24 | 1,950.18 |
| June 2027 | 2,649.32 | 2,037.94 |
| July 2027 | 2,597.38 | 1,997.98 |
| August 2027 | 2,677.71 | 2,059.77 |
| September 2027 | 2,771.43 | 2,131.87 |
| October 2027 | 2,843.48 | 2,187.30 |
| November 2027 | 2,914.57 | 2,241.98 |
| December 2027 | 2,987.44 | 2,298.03 |
TEJAS NETWORKS SHARE PRICE TARGET 2028
| When | Maximum Price | Minimum Price |
| January 2028 | 3,047.18 | 2,343.99 |
| February 2028 | 3,125.32 | 2,404.09 |
| March 2028 | 3,247.20 | 2,497.85 |
| April 2028 | 3,183.53 | 2,448.87 |
| May 2028 | 3,090.81 | 2,377.55 |
| June 2028 | 3,229.90 | 2,484.54 |
| July 2028 | 3,166.56 | 2,435.82 |
| August 2028 | 3,264.50 | 2,511.15 |
| September 2028 | 3,378.76 | 2,599.04 |
| October 2028 | 3,466.61 | 2,666.62 |
| November 2028 | 3,553.27 | 2,733.28 |
| December 2028 | 3,642.10 | 2,801.62 |
TEJAS NETWORKS SHARE PRICE TARGET 2029
| When | Maximum Price | Minimum Price |
| January 2029 | 3,714.94 | 2,857.65 |
| February 2029 | 3,810.20 | 2,930.92 |
| March 2029 | 3,958.80 | 3,045.23 |
| April 2029 | 3,881.17 | 2,985.52 |
| May 2029 | 3,768.13 | 2,898.56 |
| June 2029 | 3,937.70 | 3,029.00 |
| July 2029 | 3,860.49 | 2,969.60 |
| August 2029 | 3,979.88 | 3,061.45 |
| September 2029 | 4,119.18 | 3,168.60 |
| October 2029 | 4,226.28 | 3,250.98 |
| November 2029 | 4,331.93 | 3,332.26 |
| December 2029 | 4,440.23 | 3,415.56 |
TEJAS NETWORKS SHARE PRICE TARGET 2030
| When | Maximum Price | Minimum Price |
| January 2030 | 4,529.04 | 3,483.87 |
| February 2030 | 4,645.17 | 3,573.20 |
| March 2030 | 4,826.33 | 3,712.56 |
| April 2030 | 4,731.69 | 3,639.76 |
| May 2030 | 4,593.88 | 3,533.75 |
| June 2030 | 4,800.60 | 3,692.77 |
| July 2030 | 4,706.47 | 3,620.36 |
| August 2030 | 4,852.03 | 3,732.33 |
| September 2030 | 5,021.85 | 3,862.96 |
| October 2030 | 5,152.42 | 3,963.40 |
| November 2030 | 5,281.23 | 4,062.49 |
| December 2030 | 5,413.26 | 4,164.05 |
TEJAS NETWORKS FINANCIAL CONDITION: LAST 5 YEARS
| Financials (Rs. Crores) | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Sales | 900 | 391 | 527 | 551 | 922 | 2,471 |
| Expenses | 704 | 478 | 473 | 631 | 906 | 2,205 |
| Operating Profit | 196 | -87 | 53 | -80 | 16 | 266 |
| Other Income | 37 | 34 | 25 | 43 | 79 | 65 |
| Interest | 17 | 8 | 4 | 3 | 15 | 48 |
| Depreciation | 66 | 77 | 52 | 77 | 122 | 182 |
| Profit Before Tax | 150 | -139 | 23 | -117 | -43 | 100 |
| Net Profit | 147 | -237 | 38 | -63 | -36 | 63 |
| EPS (Rs.) | 16.05 | -25.71 | 4.03 | -5.47 | -2.16 | 3.69 |
Over the past five years, Tejas Networks has shown significant fluctuations in its financial performance. Sales surged from ₹900 crores in 2019 to ₹2,471 crores in 2024, reflecting substantial revenue growth. However, expenses also escalated sharply, reaching ₹2,205 crores in 2024, impacting profitability. The company faced challenges in 2020 and 2022 with negative operating profits of ₹-87 crores and ₹-80 crores respectively, though it rebounded with a robust operating profit of ₹266 crores in 2024. Despite varying profitability, Tejas Networks managed to maintain positive net profits, indicating resilience amidst operational ups and downs, reflected in fluctuating earnings per share (EPS) over the period
FAQs
WHAT IS THE CURRENT SHARE PRICE OF TEJAS NETWORKS?
As of June 15, 2024, the market value of Tejas Networks’ share stands at ₹1,364.
After careful evaluation of current market trends and in-depth market analysis, the projected share price range for Tejas Networks in 2025 is expected to span from a minimum of ₹1,281.03 to a maximum of ₹1,990.46.
Based on our price prediction, Tejas Networks’ share price is unlikely to reach 5000 INR by the end of 2025.
IS TEJAS NETWORKS A GOOD STOCK TO BUY?
Many investors view Tejas Networks as an attractive investment due to its robust financial performance, market positioning, and growth prospects. Nonetheless, conducting personal research and seeking guidance from a financial advisor are crucial steps before making any investment choices.
The future share price of Tejas Networks can be influenced by various factors such as economic conditions, interest rates, competition, regulatory changes, and the company’s performance. Investors should closely monitor these factors and adapt their investment strategies accordingly.
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CONCLUSION
In a more elaborate conclusion, Tejas Networks’ Q4 results and financial performance stand as a testament to its unwavering dedication to excellence and market leadership. The attainment of profitability in Q4, marked by a commendable net profit of ₹147 crore and an exceptional 343% year-on-year surge in revenue to ₹1,171 crore, underscores the company’s adeptness in navigating dynamic market conditions and meeting evolving customer needs. Moreover, Tejas Networks’ strategic collaborations and global outreach initiatives, coupled with its substantial order book of ₹8,221 crore by FY24-end, depict a narrative of resilience, growth, and market prominence. With an unwavering commitment to innovation and a steadfast focus on delivering value to stakeholders, Tejas Networks is well-positioned to not only sustain its momentum but also emerge as a beacon of success in the ever-evolving telecommunications landscape, fostering enduring shareholder confidence and prosperity.
With a substantial Market Cap of ₹23,304 Crores, Tejas Networks maintains a significant presence in the telecommunications equipment industry. A thorough assessment of the company’s capacity for innovation and market expansion is crucial for potential investors. Tejas Networks’ ability to adapt to industry dynamics, capitalize on emerging opportunities, and drive technological advancements will be pivotal in determining its future success. As with any investment, a careful and informed decision is essential when considering Tejas Networks’ potential in the ever-evolving telecommunications sector.
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