Tejas Networks (TEJASNET) Share Price Falls 5.52% to Rs 449

Updated: 19 Oct 2026 • 3:44 pm

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Tejas Networks (TEJASNET) Share Price Falls 5.52% to Rs 449

Tejas Networks (TEJASNET) share price fell to Rs 449 today, down 5.52% from the previous close. Market cap was Rs 8,466.15 crore.

Tejas Networks Share Price fell to Rs 449, down 5.52% in trade, with market capitalisation at Rs 8,466.15 crore. The move kept Tejas Networks Share Price in focus as a Mid Cap stock in the telecom equipment space. The latest Univest figures show a clear share price decline versus the previous close, while the day range also stayed active between Rs 446.75 and Rs 467.60. In this setting, Tejas Networks Share Price Today reflects both the intraday fall and the company’s valuation backdrop. According to Univest data, the price event is confirmed, and the day’s movement is relevant because the stock is trading lower alongside recent company-specific results and order-book updates. Investors tracking Tejas Networks Share Price News, Tejas Networks Share Price Fall and Tejas Networks Share Price Update will find both the price action and the fundamentals important.

Table of Contents

Tejas Networks (TEJASNET) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 449
Previous Close	Rs 475.25
Today's Move	-Rs 26.25 (-5.52%)
Open	Rs 466.95
High	Rs 467.6
Low	Rs 446.75
Market Capitalisation	Rs 8,466.15 crore
Market Cap Category	Mid Cap

Tejas Networks Share Price Today shows a drop from Rs 475.25 to Rs 449, a decline of Rs 26.25. The stock opened at Rs 466.95, touched a high of Rs 467.60 and a low of Rs 446.75, so the move stayed within a clear intraday band. Tejas Networks Share Price now trades below the previous close, and the price event is large enough to place the stock among the day’s notable movers in its segment. With a market capitalisation of Rs 8,466.15 crore, Tejas Networks Share Price remains a Mid Cap name rather than a smaller market-value story. For readers following Tejas Networks Share Price Live, the immediate focus is the gap between the previous close and the current trade, along with how the stock behaves around the lower end of the day’s range as the market digests fresh information.

Why Tejas Networks (TEJASNET) May Be Moving Today

According to recent news reports, Tejas Networks had three company updates around its second-quarter results. On 17 Oct at 04:40 pm, the company reported Q2 FY27 revenue of Rs 406 crore versus Rs 262 crore in the prior year, PAT of -Rs 207 crore versus -Rs 307 crore, and an order book of Rs 2,315 crore, supported by a new LOI for 18,000 4G sites. Two additional reports on 16 Oct at 06:04 pm said Tejas Networks posted a second-quarter net loss of Rs 2.06 billion versus Rs 3.07 billion year-on-year, and revenue of Rs 4 billion versus Rs 2.62 billion a year earlier. These items may be connected to the day’s share price fall, but the market data itself does not establish a single confirmed cause.

Tejas Networks (TEJASNET) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 8,466.15 crore
P/B Ratio	3.35x
ROE	-27.81%
ROCE	-14.93%
EPS	Rs -45.87
Book Value Per Share	Rs 141.7
Dividend Yield	0%

Tejas Networks (TEJASNET) fundamental metrics show P/B 3.35x, ROE -27.81%, ROCE -14.93%. Read together, these ratios describe the company's position rather than a recommendation.

Tejas Networks has a market capitalisation of Rs 8,466.15 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/B at 3.35x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of -27.81% and ROCE of -14.93%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs -45.87, book value per share of Rs 141.7, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 71.28x, median ROE of 7.23%, median ROCE of 8.06%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.

Sector and Industry Context

Metric	Value
Sector	Telecom
Industry	Telecommunication – Equipment
Benchmark Scope	same industry
Benchmark Median P/E	71.28x
Benchmark Average P/E	63.42x
Benchmark P/E Range	11.98x to 138.53x
Company P/B Ratio	3.35x
Benchmark Median P/B	3.35x
Benchmark Average P/B	7.92x
Company ROE	-27.81%
Benchmark Median ROE	7.23%
Benchmark Average ROE	8.1%
Company ROCE	-14.93%
Benchmark Median ROCE	8.06%
Benchmark Average ROCE	11.27%
Company Market Capitalisation	Rs 8,466.15 crore
Benchmark Median Market Cap	Rs 404.33 crore
Benchmark Average Market Cap	Rs 4,456.23 crore

Tejas Networks (TEJASNET) operates in the Telecom sector, within the Telecommunication – Equipment industry.

Tejas Networks (TEJASNET) has a ROE of -27.81%, which is below the benchmark median of 7.23%, a difference of -484.65%. Tejas Networks (TEJASNET) has a ROCE of -14.93%, which is below the benchmark median of 8.06%, a difference of -285.24%.

Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
ITI	ITI	23,383.18	88.84	12.5	16.87	17.66
Black Box	BBOX	16,109.14	71.28	12	22.2	22.5
SEDEMAC MECHATRONICS	SEDEMAC	14,348.69	138.53	29.91	28.02	37.22
Valiant Communications	VALIANT	1,971.93	72.38	17.61	33.01	40.06
ADC India Communications	ADCINDIA	1,075.11	47.7	11.29	24.16	31.44

Its ROE of -27.81% compares with a peer median of 24.16% across the companies shown in the table. ROCE stood at -14.93% versus the displayed peer median of 31.44%, providing a capital-efficiency comparison. Tejas Networks (TEJASNET) has a market capitalisation of Rs 8,466.15 crore. Among the 5 peers shown, 3 have a larger market capitalisation.

Why Investors Are Watching Tejas Networks

Tejas Networks Share Price fell 5.52% to Rs 449, making the intraday move hard to ignore.
The stock opened at Rs 466.95 and traded between Rs 446.75 and Rs 467.60, so Tejas Networks Share Price Today stayed active.
Revenue updates showed improvement, while reported losses also narrowed in the latest quarterly items.
Tejas Networks Share Price is linked to a Mid Cap company with Rs 8,466.15 crore market capitalisation.
P/B of 3.35 matches the industry median, but ROE and ROCE remain negative in Tejas Networks Fundamental Analysis.

About Tejas Networks

Tejas Networks operates in the Telecommunication – Equipment industry within Telecom. The company works in network equipment and related telecom infrastructure, and its recent reports point to revenue growth alongside a still-negative bottom line in the latest quarterly figures. For Tejas Networks Share Price, that business mix matters because the market is weighing growth in revenue and order-book strength against losses and negative return ratios. Tejas Networks Share Price News often centres on financial performance, telecom demand and execution in network equipment supply. As a listed Mid Cap name on the NSE and BSE ecosystem, the company remains part of the broader telecom equipment universe tracked by investors following company financials and sector performance.

Track Tejas Networks Share Price on Univest

Use Tejas Networks (TEJASNET) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.

You can track Tejas Networks Share Price on Univest for live price updates, fundamental ratios, 52-week levels and market insights in one place. Univest also helps users follow Tejas Networks Stock Analysis, valuation context and sector comparison as the stock moves through the day. For Tejas Networks Share Price Today and Tejas Networks Latest News, the platform keeps the company view organised around price action, financial ratios and peer context.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).

Frequently Asked Questions

Why did Tejas Networks Share Price fall today?

Ans. Tejas Networks Share Price fell 5.52% to Rs 449 in trade. The latest company updates around quarterly results and order-book details provide context, but the price data itself does not confirm one single reason for the move.

What is Tejas Networks Share Price Today?

Ans. Tejas Networks Share Price Today is Rs 449, compared with the previous close of Rs 475.25. The stock opened at Rs 466.95 and moved between Rs 446.75 and Rs 467.60 during trade.

What is Tejas Networks market capitalisation?

Ans. Tejas Networks has a market capitalisation of Rs 8,466.15 crore. That places it in the Mid Cap category and above the industry benchmark median market cap of Rs 404.33 crore for the same industry group.

What does Tejas Networks P/B ratio indicate?

Ans. Tejas Networks has a P/B ratio of 3.35 and a book value of Rs 141.70 per share. That means the stock trades at more than three times its book value, which is exactly the kind of ratio investors compare in.

How do ROE and ROCE look for Tejas Networks?

Ans. Tejas Networks reports ROE of -27.81% and ROCE of -14.93%. Both are below the sector benchmark, where the median ROE is 7.23% and the median ROCE is 8.06% across the same industry group.

Is Tejas Networks profitable based on the latest ratios?

Ans. The latest ratio set shows EPS of -Rs 45.87 and dividend yield of 0. That combination indicates losses in the reported period and no current yield support in the valuation backdrop for Tejas Networks Share Price.

How does Tejas Networks compare with peers?

Ans. Tejas Networks has a lower market cap than ITI and Black Box, but a larger one than ADC India, Valiant and METSL. Its negative ROE and ROCE trail several peers that show positive return ratios.

What sector does Tejas Networks belong to?

Ans. Tejas Networks belongs to Telecom, specifically the Telecommunication – Equipment industry. That places Tejas Networks Share Price within a peer set where valuation, returns and market cap vary sharply across listed names.

What should investors monitor in Tejas Networks Share Price next?

Ans. Investors can monitor whether Tejas Networks Share Price stabilises above the day’s low, how the company’s revenue and loss trends develop, and whether return ratios improve relative to industry benchmarks in the next update.