Today, we’re going on a journey to explore the estimated Tejas Networks Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected Tejas Networks Share Price Target.
Tejas Networks is a telecommunications company based in Bengaluru, India. It was founded in 2000 and provides optical networking, broadband access, data center interconnect, and network management software services. Tejas Networks has locations in several countries including India, Dubai, South Africa, Italy, Mexico, Philippines, Vietnam, Indonesia, Malaysia, Thailand, Singapore, and the USA.
The company’s website provides information about its products and solutions, including optical transport solutions, broadband access solutions, and network management software. Tejas Networks has won several awards for its products and services, including the “Best Optical Transport Solution” award at the Telecom Asia Awards 2021.
The company’s optical transport solutions include packet optical transport systems, multi-service provisioning platforms, and optical line systems. Its broadband access solutions include gigabit passive optical network (GPON) and Ethernet passive optical network (EPON) systems.
Overview of Tejas Networks
| Name | Tejas Networks Limited |
| Symbol | TEJASNET |
| Industry | Telecommunications |
| Founded | 2000 |
| CEO | Sanjay Nayak |
| Headquarters | Bengaluru, India |
| Country | India |
| Locations | Multiple Locations |
| Website | tejasnetworks.com |
| Profile | Tejas Networks |
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Tejas Networks Share price target for 2023, 2025, 2030 to 2050. Additionally, we will also take into account analyst recommendations from various brokerage firms, including target high price, target low price, mean recommendation, and key recommendation.
Keep an eye on Tejas Networks’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Tejas Networks’s share price.
Fundamentals of Tejas Networks
The fundamental analysis of Tejas Networks Limited focuses on key factors to better understand the company’s valuation.
Brokerage Firms
An effective method for evaluating the Tejas Networks share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
Analyst Recommendations
Daily Low / High
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We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Tejas Networks price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
Our analysis indicates that the minimum target for Tejas Networks’ share price in 2023 is ₹1,000 and the maximum target is ₹1,200. This is based on several factors, including the company’s healthy order book of Rs 1,909 Cr for its wireline business, which is expected to accelerate its quarterly revenue growth with the outlook for significant wireless business. This indicates that the company is well-positioned to grow its business and increase its revenue in the coming years.
Looking ahead, we believe that Tejas Networks’ share price target for 2024 is ₹1,400 to ₹1,600, based on the company’s expected revenue growth and market share expansion. The company has a strong track record of innovation and has won several awards for its products and services, including the “Best Optical Transport Solution” award at the Telecom Asia Awards 2021. This demonstrates the company’s ability to provide high-quality products and services that meet the needs of its customers.
In addition, Tejas Networks has successfully commissioned the pilot network of 200 sites of BSNL 4G and expects to ramp up supplies for deployment from Q2. This is a positive development for the company as it expands its business and increases its market share in the telecommunications industry.
For 2025, we forecast a share price target of ₹1,800 to ₹2,000, as the company continues to grow its business and increase its profitability. Tejas Networks has a healthy order book of Rs 1,909 Cr for its wireline business, which is expected to accelerate its quarterly revenue growth with the outlook for significant wireless business.
The company is also investing in R&D and manufacturing operations, which are expected to pay off in the coming years. Furthermore, Tejas Networks has a strong balance sheet with cash and cash equivalents of Rs 943 Cr and no debt, which provides the company with the financial flexibility to pursue growth opportunities and invest in its business.
For 2027, we forecast a share price target of ₹2,800 to ₹3,000. Tejas Networks is expected to continue to expand its business and increase its market share, driven by its strong product portfolio and focus on innovation. The company has a healthy order book of Rs 1,909 Cr for its wireline business and expects to ramp up supplies for deployment from Q2. In addition, Tejas Networks has successfully commissioned the pilot network of 200 sites of BSNL 4G, which is expected to drive growth in the coming years.
Looking further ahead, we expect the share price target for 2030 to be in the range of ₹4,000 to ₹4,500. Tejas Networks is expected to continue to accelerate its revenue growth and profitability, driven by its strong product portfolio, focus on innovation, and expanding market share.
The company has a healthy order book of Rs 1,909 Cr for its wireline business and expects to ramp up supplies for deployment from Q2. In addition, Tejas Networks has a strong balance sheet with cash and cash equivalents of Rs 943 Cr and no debt, which provides the company with financial flexibility to pursue growth opportunities.
| Year | Share Price Target (Minimum) | Share Price Target (Maximum) |
|---|---|---|
| 2023 | ₹1,000 | ₹1,200 |
| 2024 | ₹1,400 | ₹1,600 |
| 2025 | ₹1,800 | ₹2,000 |
| 2026 | ₹2,200 | ₹2,400 |
| 2027 | ₹2,800 | ₹3,000 |
| 2030 | ₹4,000 | ₹4,500 |
– According to Google historical data, the price of Tejas Networks on 30 Jan 2017 was ₹302.50.
– As of 16 August 2023, the current share price of Tejas Networks is ₹844 Check out today’s current share price.
– Based on our analysis, the maximum share price target for Tejas Networks in 2023 could be ₹1,200.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.
Disclaimer– That these Share Price Targets for “Tejas Networks Share Price Target” is only provided for informational purposes only. It does not constitute a recommendation to buy, sell or hold Tejas Networks stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
