Rs 8,200 crore order book and 600 per cent returns: Vijay Kedia gains Rs 11,63,20,000 in this multibagger stock in just one day; hits fresh 52-week high!

Rs 8,200 crore order book and 600 per cent returns: Vijay Kedia gains Rs 11,63,20,000 in this multibagger stock in just one day; hits fresh 52-week high!

Praveenkumar Yadav

Shares of the company have gained more than 60 per cent in the last six months.

Shares of Tejas Networks Limited gained about 2.61 per cent on Thursday. The stock has witnessed heavy buying activity from investors from the last few days. The stock also made a fresh 52 week on Thursday. In the last six months, the stock has gained about 60 per cent. The company has an order book of Rs 8,200 crore.

Recently, Tejas Networks Limited has partnered with Telecom Egypt, ITIDA, and NTI to bring its expertise to Egypt. This MoU leverages Tejas' experience building India's BharatNet and NKN projects to improve Egypt's telecom infrastructure. The collaboration extends beyond just consulting This positions Tejas Networks as a key player in developing Egypt's telecom sector and potentially the broader Middle East and Africa.

Vijay Kedia, an ace investor, made a killing on Thursday. His 32,00,000 shares in Tejas Networks, each of which increased by Rs 36.25, netted him a profit of Rs 11.63 crore in a single day.

Tejas Networks Limited designs and manufactures wireline and wireless networking products, with a focus on technology, innovation and R&D. TNL carrier-class products are used by telecom service providers, utilities, governments, and defence networks in 75+ countries. Company is currently a part of Panatone Finvest Limited (a subsidiary of Tata Sons Private Limited). The shares of Tejas Networks Limited have also delivered multibagger returns of over 600 per cent in the last three years. Ace investor Vijay Kedia (Kedia Securities Private Limited) owns a 1.87 per cent stake in the company.

The stock has shown tremendous growth, and investors should keep a close eye on this stock.

Disclaimer: The article is for informational purposes only and not investment advice.

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