This Tata Company Share Skyrockets After Strong Q4 Results

Tejas Networks, a Tata Group company, saw a major surge in stock price, hitting an upper circuit of 20% on BSE. The stock reached a new all-time high of Rs. 1086.90.

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For Q4 FY24, Tejas Networks also reported a net profit of Rs. 147 crore, and that too from a net loss of Rs. 11.5 crore in the same quarter previous year.

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Plus, the company's net revenue increased by 343%, reaching Rs. 1,327 crore, up from Rs. 299.30 crore in the corresponding quarter of the previous year.

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Here's how Tejas Networks' shares grew over different periods.

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Overall, the stock has given a 490% return in 2 years.

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MDH Gets Banned Over Cancer Fears

This Tata Company Share Skyrockets After Strong Q4 Results

Tejas Networks, a Tata Group company, saw a major surge in stock price, hitting an upper circuit of 20% on BSE. The stock reached a new all-time high of Rs. 1086.90.

Tejas Networks, a Tata Group company, saw a major surge in stock price, hitting an upper circuit of 20% on BSE. The stock reached a new all-time high of Rs. 1086.90.

For Q4 FY24, Tejas Networks also reported a net profit of Rs. 147 crore, and that too from a net loss of Rs. 11.5 crore in the same quarter previous year.

For Q4 FY24, Tejas Networks also reported a net profit of Rs. 147 crore, and that too from a net loss of Rs. 11.5 crore in the same quarter previous year.

Plus, the company's net revenue increased by 343%, reaching Rs. 1,327 crore, up from Rs. 299.30 crore in the corresponding quarter of the previous year.

Plus, the company's net revenue increased by 343%, reaching Rs. 1,327 crore, up from Rs. 299.30 crore in the corresponding quarter of the previous year.

Here's how Tejas Networks' shares grew over different periods.

Here's how Tejas Networks' shares grew over different periods.

1 Week

1 Month

3 Months

6 Months

1 Year

37% increase

58% increase

46% increase

31% increase

71% increase

Overall, the stock has given a 490% return in 2 years.

Overall, the stock has given a 490% return in 2 years.

Also, Tejas Networks' order book stood at Rs. 8,221 crore, which indicates strong revenue potential in the future.

Also, Tejas Networks' order book stood at Rs. 8,221 crore, which indicates strong revenue potential in the future.

MDH Gets Banned Over Cancer Fears