TEJASNET.NS stock led NSE gainers on 27 Feb 2026, rising 37.15% to INR 435.85 on heavy trading. Volume hit 126,511,903 shares versus a 30‑day average of 2,514,144, a clear sign of aggressive positioning. The spike comes with mixed fundamentals: book value is INR 184.84 per share while EPS is -43.75. We examine the drivers, valuation, technicals, and our forecast through Meyka AI analysis.

TEJASNET.NS stock intraday move and market context

Tejas Networks Limited (TEJASNET.NS) closed at INR 435.85 on the NSE on 27 Feb 2026. The stock opened at INR 387.80, touched a high of INR 442.70, and posted a one‑day change of +37.15%. Volume surged to 126,511,903 shares, almost 29.39 times the average volume.

This move made TEJASNET.NS one of the top gainers in the Technology sector in India today. The Technology sector has lagged year‑to‑date, but this stock outperformance was idiosyncratic and trade‑driven rather than sector‑wide.

Why TEJASNET.NS stock jumped: catalysts and flows

The price jump appears driven by concentrated buying and high turnover. Relative volume and a tenfold-plus spike suggest either block orders or a short squeeze. Shares outstanding are 177,246,351, which magnifies heavy flows.

There was no single confirmed earnings or contract release in public filings at market close. Still, Tejas Networks sells optical and broadband equipment to telcos and defence, a segment that can attract episodic order flows from government and private network upgrades. That operational profile can trigger sharp episodic rallies when new orders or rumours surface. See the company site for product details: Tejas Networks website.

TEJASNET.NS stock valuation and fundamentals

On fundamentals TEJASNET.NS shows mixed signals. Market cap is INR 65.77B, price to book is 2.01, and price to sales is 2.46. The company reports EPS -43.75 and a negative trailing PE of -8.48, reflecting recent losses.

Balance metrics show debt to equity at 1.29 and cash per share of INR 22.93. Book value per share is INR 184.84. Operating margins and ROE remain negative, with return on equity -20.89%, so the rally is not yet supported by improved profitability metrics.

TEJASNET.NS stock technical snapshot

Momentum indicators turned positive during the rally. RSI sits at 58.89 and MACD histogram is positive (4.89), signalling short‑term bullish bias. Bollinger bands show a middle band near INR 336.56 and an upper band at INR 361.43, both below today’s close.

However, ADX reads 17.77, indicating no established trend, while MFI is 91.60, pointing to overbought conditions. Traders should watch intraday support at INR 387.80 and resistance at the prior swing high INR 442.70.

Meyka AI grade and TEJASNET.NS stock analysis

Meyka AI rates TEJASNET.NS with a score out of 100. Meyka AI rates TEJASNET.NS with a score out of 100 — 70.34 (Grade B+, Suggestion: BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.

The grade balances strong order‑flow potential and attractive price momentum against weak profitability and elevated debt ratios. These scores are model outputs and not personal financial advice.

Price targets, Meyka AI forecast and risks for TEJASNET.NS stock

Meyka AI’s forecast model projects a yearly level of INR 1,065.37 and a monthly figure near INR 220.57. Using the current price of INR 435.85, the yearly forecast implies an upside of 144.40%.

We set a conservative near‑term price target of INR 600.00 (implied upside 37.70%) and a bullish target of INR 1,060.00 aligned with the model. Key risks include weak margins, long receivables cycles, and debt coverage strain. Forecasts are model‑based projections and not guarantees.

Final Thoughts

TEJASNET.NS stock was the clear top gainer on the NSE on 27 Feb 2026, rising 37.15% to INR 435.85 on outsized volume. The move looks driven by heavy buying rather than near‑term earnings improvement. Valuation metrics are mixed: price to book 2.01, price to sales 2.46, EPS -43.75, and debt to equity 1.29. Technicals show short‑term strength with RSI 58.89, but money flow reads overbought. Meyka AI’s forecast model projects a yearly level of INR 1,065.37, implying a 144.40% upside from today. That projection supports a bullish multi‑month view but carries execution risk given current negative margins. Investors should weigh trade liquidity and event risk. For detailed filings and product specs visit the company site and our Meyka AI stock page: Tejas Networks website and TEJASNET.NS on Meyka. Forecasts are model‑based projections and not guarantees.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.