InvestorQ : How do you see the shares of Tejas Networks after the recent rally?
Arusha Ray made post

How do you see the shares of Tejas Networks after the recent rally?

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2 months ago
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The stock of Tejas has rallied sharply. In fact, during the current year it is up nearly 4 times but that is after a very sharp correction. On Thursday 31 Dec, Tejas Networks scaled 5% upper circuit at Rs.137 after the company received purchase order of $13 million from a leading provider of telecommunication services in the South East Asian region.

Tejas will supply and install its TJ1400 ultra-converged broadband products to extend high-speed broadband services to rural communities in the region. The project will be executed fully within the next 12 months. Tejas focuses purely on the high end networking product segment for telecom and is known to be cost competitive.

Tejas is a key supplier in the global optical aggregation segment and till date it has filed over 349 patents in its own name. My suggestion is to hold on for now.

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