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1 Comment
Tejas Networks Limited is currently in a long term uptrend where the price is trading 23.2% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Technology sector with a price to sales ratio of 4.3.
Tejas Networks Limited's total revenue rose by 55.6% to $1B since the same quarter in the previous year.
Its net income has increased by 108.2% to $92M since the same quarter in the previous year.
Finally, its free cash flow grew by 312.8% to $555M since the same quarter in the previous year.
Based on the above factors, Tejas Networks Limited gets an overall score of 5/5.
Sector | Technology |
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Industry | Communication Equipment |
ISIN | INE010J01012 |
Exchange | NSE |
CurrencyCode | INR |
Target Price | 780 |
---|---|
Beta | -0.12 |
Market Cap | 128B |
PE Ratio | 28.66 |
Dividend Yield | None |
Tejas Networks Limited provides telecom and data networking-related products and services in India and internationally. Its products and solutions include radio access networks, fiber broadband access, satcom solutions, optical aggregation, switching and routing, direct-to-mobile broadcast solutions, metro core and backbone, packet transport networks, network management, and wireless core. The company also designs, manufactures, and sells wireless and wireline networking products, including 4G/5G radio access (LTE/NR), converged 4G/5G core, fiber-to-home and fiber-to enterprise (GPON/XGSPON), optical transmission (DWDM/ PTN/OTN), carrier switching and routing (Ethernet, IP/MPLS), satellite, and broadcast networking products; and designs and develops software products that enable remote configuration, monitoring, provisioning and management. In addition, it provides network build, consultancy, nurture, and managed services. It serves communications service providers for both mobile and fixed broadband, internet service providers, broadband bandwidth providers, utility companies, defense, and government entities. The company was formerly known as Tejas Networks India Limited and changed its name to Tejas Networks Limited in March 2008. Tejas Networks Limited was incorporated in 2000 and is headquartered in Bengaluru, India.
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