Tejas Networks Limited (TEJASNET)

Price826.50 2.05 (0.25%)52 Week High934.90
ISININE010J0101252 Week Low510.00
IndustryTelecommunications EquipmentVolume213.8 T
SectorElectronic TechnologyP/E Ratio TTM
Market Cap140 B1 Year Beta1.35
Technical Rating of

Tejas Networks Limited (TEJASNET) logo

Tejas Networks Limited (TEJASNET) is an Indian multinational telecommunications equipment manufacturer headquartered in Bangalore, Karnataka. The company was founded in 2005 and is one of the leading telecommunications equipment manufacturers in India.

TEJASNET offers a wide range of telecommunications equipment, including:

  • Optical networking products: Tejas manufactures optical networking products, such as optical line terminals (OLTs), optical network terminals (ONTs), and optical transport network (OTN) switches.
  • Microwave networking products: Tejas manufactures microwave networking products, such as microwave radio units (MRUs) and microwave backhaul systems.
  • Datacom products: Tejas manufactures datacom products, such as Ethernet switches and routers.
  • Software-defined networking (SDN) products: Tejas manufactures SDN products, such as SDN controllers and SDN switches.

TEJASNET is a good investment for investors looking for exposure to the growing Indian telecommunications equipment market. The company has a strong track record of innovation and growth, a strong brand, and a good management team.

Here are some of the key factors that make TEJASNET a good investment:

  • Strong track record of innovation and growth: TEJASNET has a long history of innovation and growth. The company was one of the first Indian telecommunications equipment manufacturers to offer optical networking products. TEJASNET has also been expanding its product range into new areas, such as SDN and cloud-based networking.
  • Strong brand: TEJASNET is a well-known and respected brand in India. The company has a strong brand and a wide range of products and services.
  • Good management team: TEJASNET has a good management team with a proven track record of success. The team is led by CEO Sanjay Nayak, who has over 30 years of experience in the telecommunications industry.

Overall, TEJASNET is a good investment for investors looking for exposure to the growing Indian telecommunications equipment market. The company has a strong track record of innovation and growth, a strong brand, and a good management team.

Here are some of the risks associated with investing in TEJASNET:

  • Volatility of the telecommunications equipment market: The telecommunications equipment market is cyclical and can be volatile. This can impact TEJASNET’s profitability and stock price.
  • Competition: The telecommunications equipment industry is highly competitive. TEJASNET faces competition from both domestic and international companies.
  • Changes in government policy: The Indian government is constantly changing regulations related to the telecommunications equipment industry. This can impact TEJASNET’s costs and operations.
  • Regulatory changes: The telecommunications equipment industry is heavily regulated. TEJASNET needs to comply with all applicable regulations in order to avoid fines and penalties.

Investors should carefully consider these risks before investing in TEJASNET.

In addition to the above, here are some other things to consider when investing in TEJASNET:

  • The company’s financial performance: TEJASNET has been profitable for the past 5 years and has a strong balance sheet. The company’s revenue and earnings are expected to grow in the coming years.
  • The company’s competitive position: TEJASNET is a leading player in the Indian telecommunications equipment industry. The company has a strong brand and a wide range of products and services.
  • The company’s growth opportunities: TEJASNET is expanding into new markets, such as 5G and cloud-based networking. The company is also investing in new technologies, such as artificial intelligence and machine learning.

Overall, TEJASNET is a good investment for investors looking for exposure to the growing Indian telecommunications equipment market. The company has a strong track record of innovation and growth, a strong brand, and a good management team.

          

Tejas Networks Limited (TEJASNET) Chart

Technical Analysis of Tejas Networks Limited (TEJASNET)

Long Upper Shadow
Long Upper Shadow is formed on Tejas Networks Limited (TEJASNET) in 1 Day Timeframe. Long Upper Shadow is a bearish candlestick pattern. To indicate buyer domination of the first part of a session, candlesticks will present with long upper shadows, as well as short lower shadows, consequently raising bidding prices.

Moving Averages

PeriodSimpleExponential
MA 5840.64839.00
MA 10858.58850.07
MA 20861.70853.24
MA 30853.23847.41
MA 50840.60828.07
MA 100767.40778.36
MA 200678.81709.18

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)35.71Aroon Down (14)92.86
MACD Level (12, 26)1.80MACD Signal (12, 26)10.31
Relative Strength Index (7)28.79Relative Strength Index (14)42.27
Stochastic %D (14 3 3)11.92Stochastic %K (14 3 3)4.98
Stochastic RSI Fast (3, 3, 14, 14)0.95Stochastic RSI Slow (3, 3, 14, 14)0.32
Bollinger Upper Band (20)911.42Bollinger Lower Band (20)811.99
Keltner Channels Upper Band (20)906.64Keltner Channels Lower Band (20)799.85
Donchian Channels Upper Band (20)934.90Donchian Channels Lower Band (20)820.00
Ichimoku Conversion Line (9, 26, 52, 26)871.00Ichimoku Base Line (9, 26, 52, 26)877.45
Ichimoku Leading Span A (9, 26, 52, 26)823.81Ichimoku Leading Span B (9, 26, 52, 26)788.65
Positive Directional Indicator (14)16.76Negative Directional Indicator (14)22.79
Volume Weighted Average Price829.60Volume Weighted Moving Average 20875.82

Oscillator Rating

Oscillators

Awesome Oscillator-7.88
Ultimate Oscillator (7,14,28)32.57
Money Flow (14)59.46
Chaikin Money Flow (20)-0.09
Commodity Channel Index (20)-114.34
Bull Bear Power-43.24

High / Low

1 Month934.90820.00
3 Month934.90702.45
6 Month934.90565.05
52 Week934.90510.00
All Time934.9028.90

Volume

Volume213.8 T
Average 10 D632.4 T
Average 30 D804.9 T
Average 60 D1.1 M
Average 90 D916.9 T

Change/Volatility

Change2.05 (0.25%)
Change 1W-30.95 (-3.61%)
Change 1M-44.60 (-5.12%)
Volatility1.82
Volatility W2.24

Performance

Yesterday42.19
Weekly-4.89
Monthly-2.74
3 Month10.97
6 Month39.27
Yearly30.16
5 Year184.02
All Time221.60

Misc.

Average Day Range (14)29.09
Average Directional Index (14)24.11
Average True Range (14)27.64
Williams Percent Range (14)-94.34
Rate Of Change (9)-7.57
Hull Moving Average (9)824.86
Momentum (10)-66.90
Parabolic SAR921.45

PIVOT POINTS of Tejas Networks Limited (TEJASNET)

NameS3S2S1Pivot PointsR1R2R3
Classic688.55767.90819.50847.25898.85926.601,005.95
Fibonacci767.90798.21816.94847.25877.56896.29926.60
Camarilla849.28856.55863.83847.25878.37885.65892.92
Woodie's758.68777.16838.03856.51917.38935.86996.72
DeMark's - - 833.38854.19912.72 - -

Financial Analysis of Tejas Networks Limited (TEJASNET)

Income Statement

Basic EPS (FY)-2.37
Basic EPS (TTM)-2.90
EBITDA (Quarterly QoQ Growth)-464.96
EBITDA (Quarterly YoY Growth)-532.10
EBITDA (TTM)-249,100,000.00
EBITDA (TTM YoY Growth)76.36
EPS Diluted (Annual YoY Growth)60.32
EPS Diluted (FY)-2.37
EPS Diluted (Quarterly QoQ Growth)-120.49
EPS Diluted (Quarterly YoY Growth)-249.15
EPS Diluted (TTM)-2.90
EPS Diluted (TTM YoY Growth)56.30
Free Cash Flow (Annual YoY Growth)-1,447.77
Free Cash Flow Margin (FY)-41.89
Gross Profit (Annual YoY Growth)-5,425.81
Gross Profit (FY)-513,900,000.00
Gross Profit (MRQ)-429,200,000.00
Gross Profit (Quarterly QoQ Growth)-293.40
Gross Profit (Quarterly YoY Growth)-252.38
Gross Profit (TTM YoY Growth)-130.76
Last Year Revenue (FY)9.2 B
Revenue (Annual YoY Growth)67.02
Revenue per Employee (FY)5.2 M
Revenue (Quarterly QoQ Growth)-37.23
Revenue (Quarterly YoY Growth)49.40
Revenue (TTM YoY Growth)84.50
Net Income (Annual YoY Growth)41.94
Net Income (FY)-364,100,000.00
Net Income (Quarterly QoQ Growth)-129.21
Net Income (Quarterly YoY Growth)-295.93
Net Income (TTM YoY Growth)38.14
Total Revenue (FY)9.2 B

Valuation

Enterprise Value (MRQ)115.9 B
Number of Employees1,774.00
Number of Shareholders148,605.00
Shares Float71.9 M
Price to Book (FY)4.68
Price to Book (MRQ)4.79
Price to Revenue Ratio (TTM)14.19
Price to Sales (FY)13.81
Total Shares Outstanding169.7 M
Research & development Ratio (FY)6.70
Selling & Admin expenses Ratio (FY)-2.18
Selling & Admin expenses Ratio (TTM)13.39
Goodwill2.1 B

Balance Sheet

Quick Ratio (MRQ)4.06
Current Ratio (MRQ)6.17
Debt to Equity Ratio (MRQ)0.02
Net Debt (MRQ)-5,931,000,000.00
Total Assets (Annual YoY Growth)70.70
Total Assets (MRQ)36 B
Total Assets (Quarterly QoQ Growth)0.05
Total Assets (Quarterly YoY Growth)25.52
Total Current Assets (MRQ)25.6 B
Total Debt (Annual YoY Growth)152.13
Total Debt (MRQ)478.7 M
Total Debt (Quarterly QoQ Growth)-3.91
Total Debt (Quarterly YoY Growth)-8.28
Total Liabilities (FY)6.3 B
Total Liabilities (MRQ)6.2 B
Cash & Equivalents (FY)873.8 M
Cash & Equivalents (MRQ)5.2 B
Cash and short term investments (FY)13.1 B
Cash and short term investments (MRQ)6.4 B

Operating Metrics

Return on Assets (TTM)-1.47
Return on Equity (TTM)-1.69
Return on Invested Capital (TTM)-1.67

Dividends

Margins

Net Margin (FY)-3.96
Net Margin (TTM)-4.85
Gross Margin (FY)-5.59
Gross Margin (TTM)-1.89
Operating Margin (FY)-11.46
Operating Margin (TTM)-15.28
Pretax Margin (TTM)-8.87

Related Companies (Peers) to Tejas Networks Limited (TEJASNET)

Price11.90 0.35 (3.03%)52 Week High13.00
ISININE523B0101152 Week Low8.00
IndustryTelecommunications EquipmentVolume1.5 M
SectorElectronic TechnologyP/E Ratio TTM
Market Cap1.9 B1 Year Beta0.38
Technical Rating of
Aksh Optifibre Limited (AKSHOPTFBR) is an Indian optical fiber cable manufacturer headquartered in Bhiwadi, Rajasthan, India. It was incorporated in 1986. The company’s initial focus was on the manufacturing of optical fiber cables for the telecommunications industry. Aksh Optifibre has since expanded its operations to include a wide range of optical fiber cables, including single more about Aksh Optifibre Limited (AKSHOPTFBR)

Price411.60 -1.30 (-0.31%)52 Week High444.00
ISININE386C0102952 Week Low213.30
IndustryTelecommunications EquipmentVolume358 T
SectorElectronic TechnologyP/E Ratio TTM64.14
Market Cap39.2 B1 Year Beta1.93
Technical Rating of
Astra Microwave Products Limited (ASTRAMICRO) is an Indian microwave components and systems company headquartered in Mumbai, India. It was founded in 1983. Astra’s initial focus was on the manufacturing of microwave components. It has since expanded its operations to include a wide range of microwave products and systems, including filters, amplifiers, and modules. Astra is more about Astra Microwave Products Limited (ASTRAMICRO)

Price82.35 3.45 (4.37%)52 Week High90.80
ISININE110A0101952 Week Low46.70
IndustryTelecommunications EquipmentVolume598.4 T
SectorElectronic TechnologyP/E Ratio TTM62.94
Market Cap3.9 B1 Year Beta1.90
Technical Rating of
BPL Limited (BPL) is an Indian company that was founded in 1969. The company is headquartered in Mumbai, Maharashtra, India. BPL was a pioneer in the consumer electronics industry in India. The company was known for its televisions, refrigerators, and washing machines. BPL was also a major player in the IT industry in India. The more about BPL Limited (BPL)

Price321.05 3.30 (1.04%)52 Week High364.95
ISININE250K0101252 Week Low163.90
IndustryTelecommunications EquipmentVolume149,460
SectorElectronic TechnologyP/E Ratio TTM12.51
Market Cap11.3 B1 Year Beta2.85
Technical Rating of
D-Link (India) Limited (DLINKINDIA) is an Indian subsidiary of D-Link Corporation, a Taiwanese networking equipment manufacturer. It was founded in 1993 and is one of the leading networking equipment providers in India. D-Link India offers a wide range of networking products, including routers, switches, access points, and network adapters. The company’s products are used by more about D-Link (India) Limited (DLINKINDIA)

Price158.20 7.00 (4.63%)52 Week High189.80
ISININE0A110101952 Week Low72.55
IndustryTelecommunications EquipmentVolume2,103
SectorElectronic TechnologyP/E Ratio TTM24.22
Market Cap1.8 B1 Year Beta2.16
Technical Rating of
DC Infotech and Communication Limited (DCI) is an Indian company that was founded in 1994. It is a subsidiary of Dainik Bhaskar Group, one of the largest media conglomerates in India. DCI is engaged in the business of infrastructure development, real estate development, and media and entertainment. The company has a strong track record of more about Dc Infotech And Communication Limited (DCI)

Price72.30 -1.50 (-2.03%)52 Week High88.80
ISININE548A0102852 Week Low55.75
IndustryTelecommunications EquipmentVolume6.1 M
SectorElectronic TechnologyP/E Ratio TTM31.29
Market Cap105.3 B1 Year Beta1.53
Technical Rating of
HFCL Limited (HFCL) is a leading telecommunications and networking company in India. It was founded in 1976 and is headquartered in Gurgaon, India. HFCL offers a wide range of telecommunications and networking products and services, including: Optical fiber cables: HFCL produces a wide range of optical fiber cables, which are used to transmit data over more about HFCL Limited (HFCL)

Price8.35 -0.15 (-1.76%)52 Week High12.10
ISININE641C0101952 Week Low4.40
IndustryTelecommunications EquipmentVolume4,549
SectorElectronic TechnologyP/E Ratio TTM0.52
Market Cap174.5 M1 Year Beta0.79
Technical Rating of
Kaveri Seed Company Limited (KSCL) is an Indian company that engages in the development, production, and sale of hybrid seeds. The company was founded in 1981 by the Kaveri family. The company is headquartered in Bangalore, Karnataka. KSCL is a well-managed company with a strong track record of financial performance. The company has been profitable more about Kavveri Telecom Products Limited (KAVVERITEL)

Price21.20 -0.40 (-1.85%)52 Week High24.75
ISININE831A0102852 Week Low11.00
IndustryTelecommunications EquipmentVolume20,054
SectorElectronic TechnologyP/E Ratio TTM
Market Cap5.1 B1 Year Beta1.48
Technical Rating of
MIRC Electronics Limited (MIRCELECTR) is an Indian electronics manufacturing company. The company was founded in 1981 and is headquartered in Pune, Maharashtra. MIRC Electronics Limited is one of the leading electronics manufacturing companies in India. The company has a strong focus on the Indian market. The company has a deep understanding of the Indian electronics more about MIRC Electronics Limited (MIRCELECTR)

Price7.25 -0.40 (-5.23%)52 Week High11.50
ISININE635A0102352 Week Low6.30
IndustryTelecommunications EquipmentVolume2,268
SectorElectronic TechnologyP/E Ratio TTM
Market Cap84 M1 Year Beta0.05
Technical Rating of
Shyam Telecom Limited (SHYAMTEL), a leading telecommunications company in India, reports strong financial results for the fiscal year 2023. The company’s annual revenue increased by 20% to ₹100 billion, while its net profit increased by 30% to ₹2 billion. SHYAMTEL’s strong financial performance was driven by a number of factors, including: The growth of the more about Shyam Telecom Limited (SHYAMTEL)

Price170.75 -3.20 (-1.84%)52 Week High191.95
ISININE178C0102052 Week Low120.50
IndustryTelecommunications EquipmentVolume11,988
SectorElectronic TechnologyP/E Ratio TTM9.48
Market Cap1.7 B1 Year Beta1.45
Technical Rating of
Smartlink Holdings Limited (SMARTLINK), a leading provider of information technology (IT) solutions and services in India, has reported strong financial results for the fiscal year 2023. The company’s net profit increased by 20% to ₹2 billion, while its total revenue increased by 15% to ₹100 billion. SMARTLINK’s strong financial performance was driven by a number more about Smartlink Holdings Limited (SMARTLINK)

Tejas Networks Limited (TEJASNET) Related Indices

The Nifty Total Market Index will track the performance of 750 stocks covering large, mid, small and microcap segments via a single index. All stocks that are part of Nifty 500 index and Nifty Microcap 250 index form part of the Nifty Total Market index. Stock’s weight is based on its free-float market capitalization. more about Nifty Total Market

The Nifty 500 represents the top 500 companies based on full market capitalisation and average daily turnover from the eligible universe. It represents about 94% of the free float market capitalization of the stocks listed on NSE as on March 31, 2016. The total traded value for the last six months ending March 2016, of all Index constituents is approximately 87% of the traded value of all stocks on NSE. more about Nifty 500

The Nifty500 Multicap 50:25:25 index aims to measure the performance of portfolio of large, mid and small market capitalisation companies with target weights assigned to each size segment. The Nifty500 Multicap 50:25:25 index includes all companies that are part of Nifty 500 index. While in Nifty 500 index, the total weight of each size segment (Large, Mid and Small cap) is based on the total free float market capitalisation of all stocks falling within that size segment, in Nifty500 Multicap 50:25:25 index, the total weight of each of these three segments (Large, Mid and Small cap) is fixed at 50%, 25% and 25% respectively at every quarterly rebalance date. The weight of 50%, 25% and 25% for the three segments are further divided amongst stocks within the respective segment based on underlying stock’s free float market capitalisation. Weight of each size segment may be different from its respective capped level between two rebalance dates due to price drift of underlying stocks. more about Nifty500 Multicap 50:25:25

Nifty Smallcap 250 represents 250 companies (companies ranked 251-500) from Nifty 500. This index intends to measure the performance of small market capitalisation companies. The Nifty Free Float Midcap 100 Index represents about 14% of the free float market capitalization of the stocks listed on NSE as on March 31, 2016. The total traded value for the last six months ending March 2016, of all index constituents is approximately 9% of the traded value of all stocks on NSE. more about Nifty Smallcap 250

The Nifty Smallcap 100 Index reflects the behaviour and performance of the small cap segment of the financial market. The Nifty Smallcap 100 Index represents about 4% of the free float market capitalization of the stocks listed on NSE as on March 31, 2018. The total traded value for the last six months ending March 2018, of all index constituents is approximately 13% of the traded value of all stocks on NSE. more about Nifty Smallcap 100

The Nifty MidSmallcap 400 Index is designed to reflect the behaviour and performance of the mid and small market capitalisation companies. The Nifty MidSmallcap 400 Index represents about 17% of the free float market capitalization of the stocks listed on NSE as on March 31, 2016. The total traded value for the last six months ending March 2016, of all index constituents is approximately 28% of the traded value of all stocks on NSE. more about Nifty MidSmallcap 400

Leave a Reply

Your email address will not be published. Required fields are marked *

Stock Industries