Tejas Network Ltd Analysis on 07 Mar 24Tejas Network Ltd Analysis on 07 Mar 24
Higher low higher high formation
Add some quantity now
Try to buy near 700
Stoploss 630
Target 800 - 900
Higher high Target 1000
−5.60INR
−364.10 MINR
9.20 BINR
72.92 M
About TEJAS NETWORKS LIMITED
Sector
Industry
CEO
Anand S. Athreya
Website
Headquarters
Bangalore
Employees (FY)
1.77 K
Founded
2000
ISIN
INE010J01012
FIGI
BBG00GW3JV03
Tejas Networks Ltd. engages in the provision of communication equipment. It operates through the following geographical segments: India, Americas, and Rest of the World. Its solutions include carrier of carriers, mobile backhaul, data center interconnect, broadband access, and utility communications. The company was founded by Sanjay Nayak, Gururaj Deshpande, Kumar N. Sivarajan and Arnob Roy on April 24, 2000 and is headquartered in Bangalore, India.
Tejas networks-Technically strong setup!Tejas networks is a loss making multibagger company which has been consolidating since few months.
If stock breaks 800, a support reversal can be confirmed and new ATH can be expected in stock.
The stock is a multibagger stock which can repeat its performance if market is bullish.
Only Risky trader
Tejas Network, the iPhone maker in IndiaThere is no introduction needed for this script. The very long run is due and recent low can act as an immediate support. Rising channel with blockbuster volume is significant for upmove. RSI crossover on weekly TF also indicating to move towards ATH.
CMP : 811
Taregt 940/1040/1260++
Kindly note th
TEJASNET - Bullish Consolidation with VolumesNSE: TEJASNET is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days whic
Bullish Pennant 📌 Bullish Pennant
✅ Keep an Eye
TEJASNET
- Continuation Setup
- Volume contraction
- Above Key EMAs
- Bullish RSI
TEJASNET - Weekly AnalysisIn the Weekly Chart of TEJASNET ,
we can see that, it has given Cup & Handle Breakout.
Let it retest and then Enter with SL and Target as per your Risk Ratio.
Tejas Networks - Long Setup, Move is ON...#TEJASNET trading above Resistance of 745
Next Resistance is at 1188
Support is at 472
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or sellin
Tejas Networks will make you richA clear rounding bottom formation and breaking last 2 years highs. Q3 results were excellent ( from Dec 2019 net loss of -112 cr, dec 2020 has shown 9cr profit ). Govt shift towards make in India and a clear NO to chinese Telecom equipment going forward. Expect the order book to grow immensely.
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Frequently Asked Questions
The current price of TEJASNET is 795.55 INR — it has increased by 0.44% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange TEJAS NETWORKS LIMITED stocks are traded under the ticker TEJASNET.
TEJAS NETWORKS LIMITED is going to release the next earnings report on Apr 22, 2024. Keep track of upcoming events with our Earnings Calendar.
TEJASNET stock is 2.78% volatile and has beta coefficient of 1.07. Check out the list of the most volatile stocks — is TEJAS NETWORKS LIMITED there?
One year price forecast for TEJAS NETWORKS LIMITED has a max estimate of 975.00 INR and a min estimate of 975.00 INR.
TEJASNET earnings for the last quarter are 3.49 INR whereas the estimation was 1.10 INR which accounts for 217.27% surprise. Estimated earnings for the next quarter are 0.70 INR. See more details about TEJAS NETWORKS LIMITED earnings.
TEJAS NETWORKS LIMITED revenue for the last quarter amounts to 2.02 B INR despite the estimated figure of 1.40 B INR. In the next quarter revenue is expected to reach 5.70 B INR.
Yes, you can track TEJAS NETWORKS LIMITED financials in yearly and quarterly reports right on TradingView.
TEJASNET stock has fallen by 1.28% compared to the previous week, the month change is a 11.88% rise, over the last year TEJAS NETWORKS LIMITED has showed a 25.24% increase.
TEJASNET net income for the last quarter is −448.70 M INR, while the quarter before that showed −126.40 M INR of net income which accounts for −254.98% change. Track more TEJAS NETWORKS LIMITED financial stats to get the full picture.
Today TEJAS NETWORKS LIMITED has the market capitalization of 135.22 B, it has increased by 5.47% over the last week.
Like other stocks, TEJASNET shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade TEJAS NETWORKS LIMITED stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 18, 2024, the company has 1.77 K employees. See our rating of the largest employees — is TEJAS NETWORKS LIMITED on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So TEJAS NETWORKS LIMITED technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating TEJAS NETWORKS LIMITED stock shows the buy signal. See more of TEJAS NETWORKS LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on TEJAS NETWORKS LIMITED future price: according to them, TEJASNET price has a max estimate of 975.00 INR and a min estimate of 975.00 INR. Read a more detailed TEJAS NETWORKS LIMITED forecast: see what analysts think of TEJAS NETWORKS LIMITED and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. TEJAS NETWORKS LIMITED EBITDA is −490.00 M INR, and current EBITDA margin is 1.87%. See more stats in TEJAS NETWORKS LIMITED financial statements.