TEJAS NETWORKS SHARE PRICE TARGET 2024, 2025, 2026 TO 2030

Tejas Networks is a leading Indian company specializing in designing, developing, and selling optical, broadband, and data networking products. With a global reach, they cater to a wide range of clients, including telecom service providers, internet service providers, utilities, security firms, and government entities in 75 countries. Established in 2000 and headquartered in Bangalore, Karnataka, Tejas Networks has carved a niche in the telecommunications equipment industry and boasts an impressive portfolio of intellectual properties in various telecom networking domains.

Notably, the company has become a prominent exporter to developing countries in Southeast Asia and Africa. With its strong presence in the telecommunications equipment industry and a track record of expanding revenues and assets, Tejas Networks presents an enticing investment opportunity for those seeking to capitalize on the potential growth of the global networking market.

TEJAS NETWORKS SHARE PRICE TARGET

Recent News about Tejas Network

Tejas Networks experienced a remarkable surge in its share price on April 23, soaring over 15% and reaching a new all-time high. This surge was triggered by the release of the company’s Q4 results, which unveiled impressive performance metrics. Backed by the Tata Group, Tejas Networks achieved profitability in Q4, reporting a net profit of ₹147 crore. Additionally, revenue from operations during this period surged to ₹1,171 crore, marking a staggering 343% year-on-year increase. The substantial increase in share price reflects investor optimism and confidence in Tejas Networks’ growth prospects and financial stability.

Tejas Networks shares zoom over 15% on Q4 profit surge, hit new all-time high

  • Tejas Networks, backed by the Tata Group, witnessed a remarkable surge in share price, rising over 15% following its stellar Q4FY24 performance.
  • After nine consecutive quarters of net losses, the company achieved profitability, recording a net profit of ₹147 crore in the quarter ending in March.
  • Revenue from operations soared by 343% year-on-year to reach ₹1,171 crore, indicating robust growth and market demand for its products.
  • For the full fiscal year FY24, Tejas Networks reported a net profit of ₹63 crore, showcasing significant improvement from previous years’ losses.
  • The company’s revenue from operations for FY24 surged by 168% year-on-year, reaching ₹2,471 crore.
  • Tejas Networks closed FY24 with an impressive order book of ₹8,221 crore, signaling strong growth prospects and demand for its products and services.
  • Strategic partnerships, such as the collaboration with Telecom Egypt and progress in implementing Bharatnet and NKN projects in Egypt, highlight the company’s global expansion efforts.
  • Receipt of incentives under the PLI Scheme for Telecom and Networking Products and approval under the semiconductor DLI scheme further underscore Tejas Networks’ commitment to innovation and growth.

HOW TO PURCHASE TEJAS NETWORKS SHARE?

Below are the trading platforms that you can use to purchase Tejas Networks shares:

  • Zerodha
  • Upstox
  • Groww
  • AngelOne
  • ICICIDirect
  • Paytm Money (Recommended)

TEJAS NETWORKS SHARE PRICE TARGET: 2024 – 2030

TEJAS NETWORKS SHARE PRICE TARGET 2024

When Maximum Price Minimum Price
April 2024 1,094.50 951.74
May 2024 1,078.33 937.67
June 2024 1,117.14 971.43
July 2024 1,105.97 961.72
August 2024 1,150.21 1,000.18
September 2024 1,196.22 1,040.19
October 2024 1,172.77 1,019.80
November 2024 1,219.68 1,060.59
December 2024 1,231.87 1,071.19

In April 2024, Tejas Network’s share price is anticipated to reach a maximum of ₹1,094.50, with a minimum projected at ₹951.74. As the months unfold, a gradual increase in both maximum and minimum share prices is expected. By December 2024, Tejas Network’s share price is forecasted to rise to a maximum of ₹1,231.87, while the minimum is anticipated to climb to ₹1,071.19. These fluctuations underscore the dynamic nature of the market and the evolving demands influencing Tejas Network’s share prices throughout the year.

TEJAS NETWORKS SHARE PRICE PREDICTION 2025

When Maximum Price Minimum Price
January 2025 1,355.06 1,042.35
February 2025 1,368.75 1,052.88
March 2025 1,397.49 1,074.99
April 2025 1,383.65 1,064.35
May 2025 1,343.35 1,033.35
June 2025 1,403.81 1,079.85
July 2025 1,376.28 1,058.68
August 2025 1,418.84 1,091.42
September 2025 1,435.87 1,104.52
October 2025 1,473.20 1,133.23
November 2025 1,510.03 1,161.56
December 2025 1,577.99 1,213.83

Throughout 2025, Tejas Network’s share prices are anticipated to fluctuate. In January, the maximum price is expected to be ₹1,355.06, with the minimum projected at ₹1,042.35. As the year progresses, both maximum and minimum prices are forecasted to gradually increase. By December 2025, Tejas Network’s maximum share price is predicted to rise significantly to ₹1,577.99, while the minimum is expected to climb to ₹1,213.83. These fluctuations underscore the dynamic nature of the market and the evolving demands influencing Tejas Network’s share prices.

TEJAS NETWORKS SHARE PRICE TARGET 2026

When Maximum Price Minimum Price
January 2026 1,625.32 1,250.25
February 2026 1,667.00 1,282.31
March 2026 1,732.01 1,332.32
April 2026 1,698.05 1,306.19
May 2026 1,648.59 1,268.15
June 2026 1,722.78 1,325.22
July 2026 1,689.00 1,299.23
August 2026 1,741.24 1,339.41
September 2026 1,802.18 1,386.29
October 2026 1,849.04 1,422.34
November 2026 1,895.26 1,457.90
December 2026 1,942.65 1,494.34

TEJAS NETWORKS SHARE PRICE TARGET 2027

When Maximum Price Minimum Price
January 2027 1,981.50 1,524.23
February 2027 2,032.31 1,563.31
March 2027 2,111.57 1,624.28
April 2027 2,070.16 1,592.43
May 2027 2,009.87 1,546.05
June 2027 2,100.31 1,615.62
July 2027 2,059.13 1,583.94
August 2027 2,122.81 1,632.93
September 2027 2,197.11 1,690.09
October 2027 2,254.24 1,734.03
November 2027 2,310.59 1,777.38
December 2027 2,368.36 1,821.81

TEJAS NETWORKS SHARE PRICE TARGET 2028

When Maximum Price Minimum Price
January 2028 2,415.72 1,858.25
February 2028 2,477.67 1,905.90
March 2028 2,574.29 1,980.23
April 2028 2,523.82 1,941.40
May 2028 2,450.31 1,884.85
June 2028 2,560.57 1,969.67
July 2028 2,510.37 1,931.05
August 2028 2,588.01 1,990.77
September 2028 2,678.59 2,060.45
October 2028 2,748.23 2,114.02
November 2028 2,816.93 2,166.87
December 2028 2,887.36 2,221.04

TEJAS NETWORKS SHARE PRICE TARGET 2029

When Maximum Price Minimum Price
January 2029 2,945.10 2,265.47
February 2029 3,020.62 2,323.55
March 2029 3,138.42 2,414.17
April 2029 3,076.89 2,366.84
May 2029 2,987.27 2,297.90
June 2029 3,121.70 2,401.30
July 2029 3,060.49 2,354.22
August 2029 3,155.14 2,427.03
September 2029 3,265.57 2,511.98
October 2029 3,350.48 2,577.29
November 2029 3,434.24 2,641.72
December 2029 3,520.09 2,707.76

TEJAS NETWORKS SHARE PRICE PREDICTION 2030

When Maximum Price Minimum Price
January 2030 3,590.49 2,761.92
February 2030 3,682.56 2,832.74
March 2030 3,826.18 2,943.21
April 2030 3,751.16 2,885.50
May 2030 3,641.90 2,801.46
June 2030 3,805.78 2,927.53
July 2030 3,731.16 2,870.12
August 2030 3,846.56 2,958.89
September 2030 3,981.19 3,062.45
October 2030 4,084.70 3,142.08
November 2030 4,186.82 3,220.63
December 2030 4,291.49 3,301.14

In January 2030, Tejas Network’s share prices are expected to reach a maximum of ₹3,590.49, with a minimum projected at ₹2,761.92. As the year unfolds, both the maximum and minimum prices are anticipated to fluctuate. By December 2030, Tejas Network’s maximum share price is forecasted to rise to ₹4,291.49, while the minimum is expected to climb to ₹3,301.14. These fluctuations underscore the dynamic nature of the market and the evolving demands influencing Tejas Network’s share prices throughout the year.

TEJAS NETWORKS FINANCIAL CONDITION: LAST 5 YEARS

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 391 527 551 920 2,471
Expenses + 478 473 631 906 2,205
Operating Profit -87 53 -80 14 266
OPM % -22% 10% -15% 2% 11%
Other Income + 34 25 43 81 65
Interest 8 4 3 15 48
Depreciation 77 52 77 122 182
Profit before tax -139 23 -117 -43 100
Tax % -71% -67% 46% 15% 37%
Net Profit + -237 38 -63 -36 63
EPS in Rs -25.71 4.03 -5.47 -2.16 3.69
Dividend Payout % 0% 0% 0% 0% 0%
  • Sales Growth: Tejas Networks has experienced substantial sales growth over the past five years, with revenues soaring from ₹391 crores in March 2020 to ₹2,471 crores in March 2024, indicating a strong expansion in its revenue-generating capabilities.
  • Cost Management: Despite the rise in sales, the company has managed its expenses efficiently, ensuring they did not escalate at the same pace, showcasing Tejas Networks’ adeptness in controlling costs while scaling its operations.
  • Operating Profit: Tejas Networks has demonstrated resilience in its operating profit, transitioning from a loss of ₹87 crores in March 2020 to a significant profit of ₹266 crores in March 2024, indicating its commitment to operational excellence and profitability.
  • Other Income Contribution: Other income has played a crucial role in bolstering the company’s financial health, ranging from ₹34 crores to ₹81 crores over the five-year period, further enhancing its overall performance.
  • Financial Management: Despite gradual increases in interest expenses and depreciation costs, Tejas Networks has exhibited prudent financial management, investing in infrastructure and operational enhancements to support its growth trajectory.
  • Profitability: The company’s journey from losses in previous years to reporting a net profit of ₹63 crores in March 2024 underscores its resilience and adaptability, reflecting its ability to navigate challenges and drive profitability.
  • Taxation Dynamics: While tax percentages have fluctuated, reflecting changes in taxable income and regulatory dynamics, Tejas Networks’ decision to retain earnings for reinvestment rather than distributing dividends underscores its commitment to maximizing shareholder value.
  • Overall Financial Performance: Tejas Networks has showcased robust financial performance, marked by steady revenue growth, improved profitability, and prudent cost management practices, positioning itself for sustained success in the telecommunications industry.

FAQS

WHAT IS THE CURRENT SHARE PRICE OF TEJAS NETWORKS?

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As of April 24, 2024, the market value of Tejas Networks’ share stands at ₹1,088.

WHAT IS THE EXPECTED SHARE PRICE TARGET OF TEJAS NETWORKS FOR THE YEAR 2025?

After careful evaluation of current market trends and in-depth market analysis, the projected share price range for Tejas Networks in 2025 is expected to span from a minimum of ₹1,033.35 to a maximum of ₹1,577.99.

CAN TEJAS NETWORKS’ SHARE PRICE REACH 5000 INR BY 2025?

Based on our price prediction, Tejas Networks’ share price is unlikely to reach 5000 INR by the end of 2025.

IS TEJAS NETWORKS A GOOD STOCK TO BUY?

Many investors view Tejas Networks as an attractive investment due to its robust financial performance, market positioning, and growth prospects. Nonetheless, conducting personal research and seeking guidance from a financial advisor are crucial steps before making any investment choices.

WHAT ARE THE FACTORS THAT CAN IMPACT TEJAS NETWORKS’ SHARE PRICE IN THE FUTURE?

The future share price of Tejas Networks can be influenced by various factors such as economic conditions, interest rates, competition, regulatory changes, and the company’s performance. Investors should closely monitor these factors and adapt their investment strategies accordingly.

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CONCLUSION

In a more elaborate conclusion, Tejas Networks’ Q4 results and financial performance stand as a testament to its unwavering dedication to excellence and market leadership. The attainment of profitability in Q4, marked by a commendable net profit of ₹147 crore and an exceptional 343% year-on-year surge in revenue to ₹1,171 crore, underscores the company’s adeptness in navigating dynamic market conditions and meeting evolving customer needs. Moreover, Tejas Networks’ strategic collaborations and global outreach initiatives, coupled with its substantial order book of ₹8,221 crore by FY24-end, depict a narrative of resilience, growth, and market prominence. With an unwavering commitment to innovation and a steadfast focus on delivering value to stakeholders, Tejas Networks is well-positioned to not only sustain its momentum but also emerge as a beacon of success in the ever-evolving telecommunications landscape, fostering enduring shareholder confidence and prosperity.

With a substantial Market Cap of ₹18,577 Crores, Tejas Networks maintains a significant presence in the telecommunications equipment industry. A thorough assessment of the company’s capacity for innovation and market expansion is crucial for potential investors. Tejas Networks’ ability to adapt to industry dynamics, capitalize on emerging opportunities, and drive technological advancements will be pivotal in determining its future success. As with any investment, a careful and informed decision is essential when considering Tejas Networks’ potential in the ever-evolving telecommunications sector.

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Author: Sneha Saha

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