Vijay Kedia Hold 1.02 Per Cent Stake: Tata-Group Company Unveils Its Terabit-Scale Single Wave Coherent DWDM Technology at Bharat Telecom Conference
The stock is up by 8 per cent from its 52-week low of Rs 647 per share and has given multibagger returns of over 1,700 per cent in just 5 years.
Tejas Networks Ltd announced that Shri Jyotiraditya Scindia, Union Minister of Communications and Development of North Eastern Region, launched its industry-leading 1.2 TBPS single wave coherent DWDM solution at the Bharat Telcom 2025 event being organised by the Telecom Export Promotion Council (TEPC) at Hotel Taj Palace in New Delhi earlier today. The company is also showcasing its innovative 5G Massive MIMO radio and other flagship wireline products at the event, including 10 Gbps symmetric fiber broadband access using XGS-PON technology, and high-capacity IP/MPLS access and aggregation routers.
Commenting on the occasion, Hon’ble Union Minister Shri Jyotiraditya Scindia said, “It’s a matter of great pride that home-grown companies like Tejas are leading from the front in advancing wireless and wireline networking innovations and contributing to realising the vision of an 'Atmanirbhar Bharat' in the telecom sector. I congratulate Tejas for putting India on the global telecom map through cutting-edge research and innovation in mobile and fixed-line networking technologies.”
Arnob Roy, COO of Tejas Networks and the Chairman of TEPC, said, “We thank the Hon’ble Union Minister of Communications for inaugurating the Bharat Telecom event this year and for launching our indigenously designed next-generation coherent DWDM product that enables organic multi-fold network capacity growth cost-effectively. Government of India’s forward-looking policies are having an enormous impact on the telecom innovation ecosystem in the country and driving a profound transformation of the domestic industry as a whole.”
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About Tejas Network Ltd
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 12,000 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. 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 December 31, 2024, the company's order book stands at Rs 2,681 crore. The stock is up by 8 per cent from its 52-week low of Rs 647 per share and has given multibagger returns of over 1,700 per cent in just 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.