The company has over Rs 2,961 crore worth of projects in its order book as of June 30, 2023. The shares of the company have a PE of 30x, an ROE of 1.92 per cent and a ROCE of 7.46 per cent.

Shares of the company have jumped more than 200 per cent in the last six months.

Shares of the company gained more than 65 per cent in the last six months.

Shares of the company have gained about 180 per cent in the last six months.

According to the quarterly results, the net sales increased by 24.20 per cent to Rs 1,119 crore and net profit increased by 16.22 per cent to Rs 43 crore in Q1FY24 compared to Q1FY23. The stock gave multibagger returns of 285 per cent in just 6 months whereas BSE Industrials Index is up by 40.58 per cent.

In fiscal year 2022-23 (FY23), the company's net sales grew by 62.85 per cent to Rs 513 crore, compared to Rs 315 crore in FY22. It also reported a net profit of Rs 3 crore in FY23, a significant improvement from the net loss of Rs 25 crore in FY22.

According to the quarterly results (Q1FY24), the company reported a net sales of Rs 59.65 crore, an operating loss of Rs 4.25 crore and a net loss of Rs 9.41 crore. In FY23, net sales increased by 62.85 per cent to Rs 513 crore compared to net sales of Rs 315 in FY22. The company reported a net profit of Rs 3 crore in FY23 compared to a net loss of Rs 25 crore in FY22.

In its quarterly results, the net sales increased by 13.34 per cent to Rs 119.53 crore, the operating profit increased by 46.70 per cent to Rs 12.93 crore and the net profit skyrocketed by 1,688.20 per cent to Rs 3.04 crore in Q1FY24 compared to Q1FY23.

The company has a market capitalization of over Rs 14,000 crores and is almost debt-free, with a current debt of only Rs 49.8 crores. Vijay Kedia, an ace investor, owns Kedia Securities Private Limited, which has a 2.01 per cent stake in Tejas Networks Ltd.

The bottom line experienced a upswing of 17 per cent, reaching Rs 17 crore in Q1 FY24, compared to previous quarter.