This project is a part of Project Gigabit, the UK government’s flagship £5 billion bringing ultrafast gigabit connectivity to remote areas. Both FIIs and DIIs increased their stake.

The telecom company also led the gains in the BSE Mid-cap index!

The stock had seen back-to-back spurts in volume in recent trading sessions. 

The stock gave multibagger returns of 117.56 per cent in just 6 months, while the BSE Small-cap Index rose 9.10 per cent.

In FY22, net sales rose by 12.38 per cent and net profit skyrocketed to 46.68 per cent compared to FY21.

Power Grid Corporation of India Limited, Adani Group and Mazagon Dock Shipbuilders are among the major clients of the company.   

he stock is trading at a 52-week high of Rs 1726. 

In its press release, the company announced they have two positive developments on the government policy front which will have a positive bearing on the company’s growth and performance. 

The current PE and ROCE for this stock are 39.3 per cent and 19.20 per cent, respectively.

Shares of Tejas Network Limited have risen 6.31 per cent from their previous close of Rs 494 to trade at Rs 525.15.