Tejas Network Share Price: Today we will give you information about Tejas Network company, based on which you can estimate its Tejas Network Share Price Target and these predictions can also give you good profit in the coming times.
Seeing the boom in the telecommunication sector, many new companies in the world are doing innovations and experiments. Tejas Network is a major name in this industry, which is continuously expanding itself in the digital world in the sector of innovation and technology.
Tejas Network has come up with many solutions in the field of Optical and Data Networking, due to which it has gained a very good reputation in the market.
Tejas Networks Limited Company Overview
Tejas Network is an Indian company established in the year 2000, its headquarters is in Bangalore and it was founded by a team of technocrats who built their company in the field of the telecommunication sector to increase their economic development and social advancement.
Tejas Network achieved success a few years ago when their very good IPO was launched, then they started expanding their business internationally, and the company started giving very innovative product designs and cost-effective solutions to the telecom operator world.
On the basis of its focus and research and development, Tejas Network is at good heights, along with this, their name comes in the market as providing advanced products and technology.
| Company Name | Tejas Networks Ltd. |
| Founded | 2000 |
| Headquarters | Bengaluru |
| Industry | Telecom & Internet |
| Owner | Sanjay Nayak |
| Stock Exchange Listing | NSE & BSE |
| Official Website | tejasnetworks.com |
Tejas Networks Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹23,175.80 Cr. |
| ROE | 2.74% |
| ROCE | 3.99% |
| P/E | 50.98 |
| P/B | 6.23 |
| Div. Yield | 0% |
| Book Value | ₹216.97 |
| Face Value | ₹10 |
| EPS (TTM) | ₹26.52 |
| 52 Week High | ₹1,495.10 |
| 52 Week Low | ₹652.05 |
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Tejas Networks Financials
Income Statement
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 24.71B | 168.13% |
| Operating expense | 7.93B | 70.45% |
| Net income | 629.80M | 272.97% |
| Net profit margin | 2.55 | 164.56% |
| Earnings per share | 3.65 | — |
| EBITDA | 1.59B | 346.43% |
| Effective tax rate | 37.16% | — |
Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 6.29B | -51.81% |
| Total assets | 82.03B | 127.72% |
| Total liabilities | 50.53B | 703.26% |
| Total equity | 31.49B | — |
| Shares outstanding | 170.71M | — |
| Price to book | 7.15 | — |
| Return on assets | 0.98% | — |
| Return on Capital | 1.44% | — |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 629.80M | 272.97% |
| Cash from operations | -20.36B | -435.72% |
| Cash from investing | 4.31B | 174.05% |
| Cash from financing | 17.13B | 71.54% |
| Net change in cash | 1.07B | 183.27% |
| Free cash flow | -23.01B | -288.84% |
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Tejas Networks Share Price Target From 2024 to 2030
| Year | Target Price |
|---|---|
| Tejas Network Share Price Target 2024 | ₹1532 |
| Tejas Network Share Price Target 2025 | ₹1706 |
| Tejas Network Share Price Target 2026 | ₹1973 |
| Tejas Network Share Price Target 2027 | ₹2210 |
| Tejas Network Share Price Target 2028 | ₹2515 |
| Tejas Network Share Price Target 2029 | ₹2805 |
| Tejas Network Share Price Target 2030 | ₹3116 |
Tejas Networks Shareholding Pattern
- Retail & Other: 30.24%
- Promoters: 55.42%
- Foreign Institution: 9.58%
- Mutual Funds: 4.43%
- Other Domestic Institutions: 0.34%
Tejas Networks Competitors/Peer Companies
- Astra Micro Wave Products
- GTL Infrastructure
- ITI
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Tejas Networks Products and Services
- Optical Transport Network (OTN): Tejas Network works to provide data transmission connectivity over very long distances through its OTN product, with the help of which telecom operators can provide any of their telecom services to the people in a very good way. This product has been designed by Tejas Network.
- Packet Transport Network (PTN): Tejas Network works to deliver data packets of any network to you in a simple way through its packet product and in this product, you also get some features such as multi-service transport and traffic management. You get all these services in this product of Tejas Network.
- Broadband Access Solution: Tejas Network provides high-speed broadband connectivity to any home and business through its (FTTH) product.
- Software Defined Networking (SDN): Tejas Networks offers its (SDN) technology to its telecom operators. With the help of this technology, you can automate and manage any network in a very simple way and with the help of this product, you can reduce your operation cost and also improve your network.
Innovation and Technology
Innovation is the main focus of Tejas Network Company. People are interested in investing in any company only when a company invests a lot of money in research development, due to which the company grows very quickly. But for this, they need a lot of skilled engineers and researchers.
Tejas Network continuously creates new products through new developers, due to which good solutions are coming in the telecommunication industry. The company commits that it is focusing on Software Defined Networks (SDN) and Network Function Virtualization (NFV) which is a very important and simple technology for 5G technology. This is also a challenge and opportunity for the company. Due to this, the company will have very good growth.
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Market Position
Tejas Network Company is a very important name in the Indian and global telecommunication market and this company operates in 75 countries. The company also has a lot of customer base such as telecom company operators, internet service providers, and government agencies. The company tries to provide high-quality products to each of its clients, due to which people’s trust in the company increases a lot.
Tejas Network in collaboration with the government in India is providing very good broadband connection to the people, due to which digital infrastructure is being built very well. The company is including its product in very major projects like BharatNet etc. Its goal is to connect its connectivity with high-speed internet to every house in the village. Due to this the company’s identity is becoming very good in the market. Seeing which people are constantly trusting the company.
Financial Performance
Tejas Network is showing very good growth in its financial performance year after year and this company changes itself according to the market due to which the service sale of its products takes place in the coming year, due to which its shares are seeing a huge surge in the market. The company focuses on its profitability and at the same time the company also keeps a constant watch on Operation Efficiency and Cost Management. Seeing its good balance sheet, investors are agreeing to invest in this company.
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Conclusion
Today in this article we have given you complete information about Tejas Network Share Price Target, due to which you can make a lot of profit in the coming time, but for this, it is very important for you to consult your financial advisor once. If reports are to be believed, in the coming time this company can make a lot of profit and make its investors rich.
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FAQs
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Is Tejas a good stock to buy?
Yes.
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Is Tejas Networks a good company?
Yes.
-
Is Tejas Networks owned by Tata?
It is a part of the Tata Group, with Panatone Finvest Ltd.
-
Is Tejas overvalued or undervalued?
Overvalued.
-
Is Tejas profitable?
Yes.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
