TEJASNET.NS stock led after-hours activity on 02-03-2026 after the share jumped 30.63% to INR 484.70 on the NSE, driven by an intraday high of INR 502.95 and a blistering volume of 142,991,980 shares versus an average of 3,587,405. The move pushed market cap to INR 77,252,822,083.00 and widened trading interest across domestic tech and telecom desks. We break down the drivers, key ratios, and where analysts and Meyka AI see the stock heading next

TEJASNET.NS stock: intraday surge and liquidity

Tejas Networks (TEJASNET.NS) recorded a one-day jump of 30.63%, opening at INR 421.40, hitting a day high of INR 502.95 and closing the session near INR 484.70 on the NSE. The spike came with unusually high volume of 142,991,980 shares, a relative volume of 35.26, making it the day’s most-active name in the technology and communication equipment space.

TEJASNET.NS stock: fundamentals and key ratios

Tejas Networks shows mixed fundamentals: trailing EPS is -43.75, PE is -9.96, price-to-book is 2.36, and price-to-sales is 2.89, while debt-to-equity is 1.29. Gross margin is 13.57% and current ratio 1.27, indicating operating pressure but also a tangible book value of INR 107.57 per share that supports balance-sheet value.

TEJASNET.NS stock: technical snapshot and trend signals

Technicals show momentum but short-term volatility: RSI is 58.89, CCI 164.67 (overbought), ATR 18.51, and MACD histogram positive at 4.89, suggesting bullish momentum in the near term while ADX 17.77 signals no strong directional trend yet.

TEJASNET.NS stock: sector context and catalysts

Tejas sits in the Technology sector and Communication Equipment industry where investors are watching broadband and 5G spending across India; Telecom peers and network capex trends influence order flows. Company product wins in GPON/XGS-PON and optical transport, plus government and enterprise deals, remain the primary catalysts for revenue re-rating.

TEJASNET.NS stock: risk profile and liquidity events

Key risks include negative trailing profitability, long receivables (DSO 521.66 days), and elevated inventory days 375.83, which increase cash-cycle risk despite healthy working capital of INR 16,119,800,000.00. The recent volume surge may reflect block trades or institutional repositioning, and investors should watch follow-through volume in regular sessions.

TEJASNET.NS stock: analyst view and Meyka grade

Meyka AI rates TEJASNET.NS with a score out of 100: 70.35 | Grade: B+ | Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Note the broader market rating snapshot lists a conservative D+ company rating on some third-party screens, so our grade reflects model weighting toward growth potential and sector tailwinds rather than short-term profitability.

Final Thoughts

Tejas Networks (TEJASNET.NS) is the day’s most-active after-hours stock after a 30.63% jump to INR 484.70, led by massive volume and short-term momentum signals. Fundamentals remain mixed: negative EPS (-43.75) and stretched receivables contrast with product-led revenue growth and a tangible book value near INR 107.57 per share. Meyka AI’s forecast model projects a yearly target of INR 1,065.37, implying an upside of +119.83% from the current INR 484.70, while a nearer-term price target of INR 550.00 suggests +13.48% upside and a medium-term target of INR 700.00 maps to +44.44%. Forecasts are model-based projections and not guarantees. We flag high receivables and margin pressure as material risks and recommend watching regular-session volume, upcoming earnings (announce on 24 Apr 2026), and any large-order disclosures. For real-time tracking and model updates consult Meyka AI’s market tools and the company website for official releases source.

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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.