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Tejas Networks Stock Surges 12% for Second Straight Day; What’s Driving the Rally

February 27, 2026
6 min read
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Shares of Tejas Networks have jumped sharply in India’s markets, climbing around 12% on February 27, 2026, marking the second straight day of strong gains for the telecom equipment maker. This sudden burst of buying comes after the company announced a pact to manufacture and supply advanced 5G massive MIMO radios in partnership with Japanese tech giant NEC Corporation. Traders and investors reacted quickly, pushing the stock higher after weeks of pressure and a recent run of volatility.

In a market where telecom gear names have lingered below their highs, this sharp move has grabbed attention. If you’re tracking Tejas Networks stock, this rally raises fresh questions about future orders, growth prospects, and the role of 5G infrastructure deals in driving momentum.

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Latest Tejas Networks Data & Stock Information

Short Stock Details and Forecast -from Meyka & Investing data

Tejas Networks Ltd (traded as TEJASNET on Indian exchanges) has recently seen sharp share price gains driven by news‑based catalysts. According to Meyka, the stock’s long‑term profitability metrics and fundamentals are weak, with negative profit margins and a poor fundamental health score, reflecting historical financial stress.

Meyka AI: Tejas Networks Limited (TEJASNET.NS) Stock Overview, February 27, 2026
Meyka AI: Tejas Networks Limited (TEJASNET.NS) Stock Overview, February 27, 2026

12‑Month Price Outlook – Investing consensus

Analyst consensus on Investing.com shows a neutral market stance and a 12‑month price target around ₹780. This suggests material upside potential from current levels if strategic deals translate into revenue growth.

Short‑term technical moves have been sharp, but long‑term valuation and fundamental metrics currently remain under pressure.

What’s Behind the Recent Surge? Key Triggers

Agreement with NEC – Core Rally Catalyst

Tejas Networks announced on February 26, 2026, that it has signed a deal with Japan’s NEC Corporation to manufacture and supply 5G Massive MIMO radios. This collaboration aims to expand the manufacturing footprint and strengthen supply chain diversification for 5G equipment globally.

Massive MIMO is a crucial 5G network technology that boosts capacity and spectral efficiency. The deal was described by Tejas executives as a way to “accelerate wireless innovation” and leverage carrier‑class product development for global telecom operators. This announcement triggered strong buying interest from traders and investors, lifting the share price.

How Much Has the Tejas Stock Risen?

Over recent sessions, Tejas Networks shares rallied sharply:

  • The stock jumped as much as 12% intraday on Feb 26, 2026, after the NEC deal news.
  • Extended gains saw shares climb nearly 26% over two days, hitting intraday highs around ₹403 on Feb 27, 2026.
  • In parts of the sessions, the stock even hit upper circuit limits on strong demand.

Despite these short‑term gains, the stock still trades well below its 52‑week high (~₹914) and has fallen sharply from previous peaks due to weak recent earnings and order delays.

Why Is This Deal Significant for Tejas Networks Stock and the 5G Market?

Expanded 5G Revenue Streams

The NEC partnership does more than support a one‑off order. It:

  • Broadens Tejas’ international market footprint
  • Positions it as a supplier of key 5G infrastructure components
  • Diversifies supply risks in telecom hardware ecosystems

Massive MIMO radios are central to modern 5G networks, especially in mid‑band deployments where capacity and speed matter. Strong positioning here may help attract further contracts.

Improving Global Confidence

Partnerships with established global players like NEC can restore investor confidence. This is especially true for mid‑cap tech stocks, where international collaborations can lead to new orders and scale. Markets reacted positively to the announcement, reflecting expectations of improved future revenue.

How are Earnings & Financials Impacting Sentiment?

Tejas Networks has faced financial headwinds:

  • The company posted a consolidated net loss in Q3 FY26, mainly due to lower sales and deferment of key purchase orders.
  • Revenue from operations saw an 88% year‑on‑year drop in recent quarterly results.
Official Source: Tejas Network Q3FY26 Financials Current Overview
Official Source: Tejas Network Q3FY26 Financials Current Overview

These results have weighed on sentiment over recent months and contributed to the broader stock slump earlier in the year. Even with the recent surge, the stock remains below prior multi‑year highs.

However, strategic deals and policy incentives like India’s PLI scheme for telecom products could help mitigate near‑term headwinds.

What Analysts and Tools are Saying?

Meyka Technical & Fundamental Summary

Meyka’s analysis suggests Tejas Networks has weak fundamentals and low return ratios, signaling caution for long‑term investors until financial performance stabilizes.

However, AI stock analysis tools and advanced forecasting models show some technical upside if recent trends continue and the NEC deal delivers measurable growth, a pattern often seen in technology‑linked mid‑caps after major contract wins.

Supporting Analyst Insights

  • Some market watchers call the rally event‑driven, tied primarily to the NEC partnership.
  • Investors will be watching future order flow and quarterly results to gauge if this momentum can translate into earnings growth.

What Should Investors Know Now about Tejas Stock?

Short term: The surge reflects a strong market reaction to news and potential global business expansion.
Medium term: Continued upside may depend on the execution of the NEC partnership and further 5G contracts.
Long term: Fundamentals like profitability and revenue trends remain key areas to monitor.

Given these mixed signals, careful analysis and risk management are essential before making investment decisions. Always consult a qualified financial adviser for personal investment guidance.

Final Words

The recent Tejas Networks stock surge highlights the power of strategic deals like the NEC 5G Massive MIMO partnership. While short-term gains are strong, long-term growth depends on execution, future orders, and improving fundamentals. Investors should balance optimism with caution, watching both market momentum and financial performance closely.

Frequently Asked Questions (FAQs)

Why did Tejas Networks’ stock jump 12%?

Tejas Networks’ stock rose 12% on Feb 26, 2026, after the company signed a deal with NEC to supply 5G Massive MIMO radios. Investors reacted positively to growth potential.

How will the NEC 5G deal affect Tejas Networks?

The NEC 5G deal can increase Tejas Networks’ orders and revenue. It strengthens its global 5G position. However, results will depend on successful execution and future contracts.

Is Tejas Networks stock a good buy now?

After the Feb 2026 rally, the stock shows short-term momentum. Long-term prospects depend on earnings and 5G deal execution. Investors should watch fundamentals before buying.

Disclaimer:

The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.

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