Communication Equipment
Tejas Networks Limited (NSE: TEJASNET) extends gains, moves up 5% intraday
Tejas Networks Limited (NSE: TEJASNET) stock price moves up 5% intraday, showing strong upward momentum despite the 6M trendline status being CONSOLIDATING UP..
Tejas Networks Limited (TEJASNET) extended gains by +5% today, pushing higher to ₹636.0 on the NSE. This move comes after the company reported its 26th Annual General Meeting results, which may have provided some positive sentiment. Tejas Networks, a key player in the technology sector specifically within communication equipment, saw its stock price rise despite the consolidating up trend, indicating a company-specific catalyst rather than broad sector momentum.
Technical setup — trendlines & DMA
From a technical standpoint, Tejas Networks is currently trading above its 6-month support trendline, which ends at ₹454.46, and is comfortably positioned below the resistance trendline at ₹667.11. The stock is notably extended, sitting 20% above its 50-day moving average (DMA) of ₹501.9, suggesting a stretched move. Despite this, the 50-DMA is above the 200-DMA of ₹468.3, indicating a bullish trend. The stock is in the upper third of its 52-week range, which spans from ₹294.0 to ₹722.0, implying that a substantial portion of its potential upside may already be priced in.
Snapshot: ₹636.00 on 2026-06-30 (chart frozen at publication)
Fundamentals & business context
On the fundamental front, Tejas Networks presents a mixed picture. With a PE ratio of n/a due to negative profit margins of -82.4% and a moderate revenue CAGR of 6.1%, the market seems to be pricing in a potential turnaround rather than reflecting current earnings. The company’s institutional ownership stands at a robust 61.6%, suggesting that smart money sees value or potential in the stock. There was no specific NSE catalyst today beyond the AGM results, indicating that the move may be driven by broader market sentiment or technical factors.
Algorithmic scorecard
The algorithmic scorecard for Tejas Networks reflects a technically strong but fundamentally weak profile. The stock’s bullish sentiment, with a 2.55x higher average volume on up days compared to down days over the last 30 days, points to systematic accumulation. Additionally, the low volatility, indicated by a beta of -0.20, suggests that Tejas Networks is a stable stock with less market risk. However, the company’s declining profit margins and the recent quarterly loss are significant risks. The negligible dividend yield of 0.42% also implies that income-seeking investors may find limited appeal in this stock.
Company outlook
In its recent quarterly update, Tejas Networks highlighted several areas of focus. The company expects better financial results in FY27, driven by current investments and business outlook. Management is aiming for a PAT positive status in FY27, signaling a shift towards profitability. Additionally, the anticipation of significant collections from BSNL is expected to reduce receivables, improving cash flow. Faster delivery and installation times for add-on orders, due to prior testing and integration, are also expected to enhance operational efficiency.
Looking ahead, Tejas Networks has set several key targets for FY27. The company expects to achieve PAT positive status by the end of the fiscal year, a significant milestone given the recent quarterly loss. Management is optimistic about significant collections from BSNL, which are expected to reduce receivables and improve financial health. Additionally, the company anticipates faster delivery and installation times for add-on orders, thanks to prior testing and integration efforts. These initiatives are expected to drive operational efficiency and support the company’s growth trajectory.
Get all details on TEJASNET — P&L, peers, shareholding and more on TradeAlone.
Communication Equipment
Tamilnadu Telecommunication Limited (tntele) Reports Q2 FY27: Net Loss Deepens
Tamilnadu Telecommunication Limited (TNTELE) reports a deepening net loss in Q2 FY27, reflecting challenges in the telecom sector.
Tamilnadu Telecommunication Limited (TNTELE) announced its unaudited financial results for the quarter ended 30th September 2026. The company, a joint venture of TCIL, Govt. of India enterprise, and TIDCO, Govt. of Tamil Nadu enterprise, reported a net loss of ₹449.23 crores for the quarter, compared to a loss of ₹341.34 crores in the same quarter last year. This deepening loss reflects ongoing challenges in the telecom sector.
Financial Performance
The total income from operations stood at ₹250 crores for the quarter, significantly lower than the ₹250 crores reported in the previous quarter and ₹376 crores for the same period last year. The net profit/loss for the period before tax was a loss of ₹449.23 crores, compared to a loss of ₹341.34 crores in the previous quarter and ₹429.82 crores in the same quarter last year.
Earnings Per Share
The earnings per share (EPS) for the quarter were negative, with basic and diluted EPS both at ₹0.98, compared to ₹0.75 in the previous quarter and ₹0.94 in the same quarter last year. This indicates a challenging financial period for the company.
Looking Ahead
Despite the current financial difficulties, Tamilnadu Telecommunication Limited remains committed to its strategic goals and continues to explore opportunities for growth and improvement in the telecom sector. The company’s management is optimistic about future prospects and is focused on optimizing operational efficiencies to mitigate losses.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Tamilnadu Telecommunication Limited
Tamilnadu Telecommunication Limited belongs to the Technology › Communication Equipment sector. Here’s a quick read on where the business and the stock stand today.
Tamilnadu moves sideways over three months, with neither buyers nor sellers taking control. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. 5 loss quarters over five years is a serious red flag — earnings quality is poor and recovery is not guaranteed. The stock holds at 28% of its 52-week range with RSI at 50. In other words, neither side has a clear edge right now. Price climbs recently despite 0.0% revenue growth and a PEG of 99.00. Consequently, either institutions position ahead of improvement or the move fades when earnings disappoint. Treat this as a trading signal, not an investment thesis. Check Fundamentals of Tamilnadu Telecommunication Limited.
ASTRAMICRO
Astra Microwave Products Limited Q2 & H1 FY27 Unaudited Financial Results
Astra Microwave Products Limited (ASTRAMICRO) Q2 FY27: Revenue up 22.5%, PAT surges 126.5%, strong order book.
Astra Microwave Products Limited (ASTRAMICRO) announced its unaudited financial results for the quarter ended 30th September 2026. The company reported a significant increase in revenue and profit for Q2 FY27 and H1 FY27. Notably, revenue from operations for Q2 FY27 grew by 22.5% year-on-year to Rs. 261 crores. The profit after tax (PAT) for the same quarter surged by 126.5% to Rs. 47 crores. For the first half of FY27, revenue from operations rose by 6.6% to Rs. 437 crores, while PAT increased by 68.3% to Rs. 57 crores.
Standalone and Consolidated Highlights
The company’s standalone order book stood at Rs. 3,937 crores as of September 30, 2026, while the consolidated order book was at Rs. 4,708 crores. The order book has a larger share of production orders for indigenous radar and electronic warfare platforms, providing strong revenue visibility and growth runway. The company remains focused on strengthening its position in India’s defence and aerospace ecosystem through indigenous product development and expansion into new opportunities.
Future Outlook
Mr. M V Reddy, Managing Director, highlighted that the first half of FY27 has been strong, with the highest ever reported EBITDA and PAT. The company will continue to invest in R&D and production capacity to meet the growing demand and achieve long-term aspirations.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Astra Microwave Products Limited
Astra Microwave Products Limited belongs to the Technology › Communication Equipment sector. Here’s a quick read on where the business and the stock stand today.
Astra holds in the upper half of its 52-week range, a sign the market backs the stock. The PEG of 2.16 makes it expensive versus peers. The premium needs earnings to catch up quickly. Revenue grows at 12.6% and profits at 40.3% CAGR. However, that pace does not justify a premium multiple. The stock trades at 79% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. The stock rises 1.6% in three months on 12.6% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Astra Microwave Products Limited.
Communication Equipment
Hfcl Limited Q3 FY26: Revenue Surges 15%, PAT Grows 20%
HFCL Limited (NSE: HFCL) reports a 15% revenue surge and 20% PAT growth in Q3 FY26, audited by S Bhandari & Co LLP.
HFCL Limited (NSE: HFCL) has reported its financial results for Q3 FY26, showcasing a 15% surge in revenue and a 20% growth in PAT. The company’s performance has been audited by S Bhandari & Co LLP, ensuring the accuracy of these figures.
Revenue and PAT Growth
The telecom giant has managed to boost its revenue by 15% compared to the same period last year, reflecting strong market demand and effective business strategies. Moreover, the PAT has grown by 20%, indicating improved profitability and operational efficiency.
Auditors’ Review
The financial results have been reviewed by S Bhandari & Co LLP, who conducted their review in accordance with the Standard on Review Engagements (SRE) 2410. This review provided moderate assurance that the financial statements are free from material misstatements.
Forward-Looking Statement
As HFCL Limited continues to innovate and expand its market presence, the company remains optimistic about sustaining its growth trajectory in the upcoming quarters.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of HFCL Limited
HFCL Limited belongs to the Technology › Communication Equipment sector. Here’s a quick read on where the business and the stock stand today.
HFCL gains 20.1% over three months and trades near its 52-week highs. The PEG stands at 55.58 — severely stretched. Any earnings miss could trigger a sharp de-rating. Thin margins at 9.6% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Buyers show up with 1.5x the volume of sellers. Moreover, they dominated on 16 of recent sessions versus 14 for sellers — a healthy accumulation pattern. The stock rises 20.1% in three months. Yet revenue grows at only 1.3% and the PEG stands at 55.58. Either the market prices in a turnaround that has not shown up yet, or this is momentum without substance. Check the next two earnings prints before drawing conclusions. Check Fundamentals of HFCL Limited.
-
ECLERX3 days agoEclerx Services Limited (eclerx) Announces Acquisition of Regedge
-
Information Technology Services3 days agoLtm Limited (LTM) Introduces Ai-powered Quantum Error Mitigation to IBM Quantum Functions Catalog
-
RATEGAIN3 days agoRategain Travel Technologies Limited (NSE: Rategain) Partners with Uzbekistan Airways to Enhance Pricing Agility
-
Basic Materials2 days agoPrakash Industries Limited (prakash) Q2fy2027: Net Sales Up 24%, Ebitda Rises 30%
-
GREENPOWER3 days agoOrient Green Power Company Limited (greenpower) Q2 FY27: ₹106 Cr Net Profit, 76% Ebitda Margin
-
GAIL3 days agoGail (india) Limited Signs Mou with Krishak Bharati Cooperative for Andhra Pradesh Fertilizer Project
-
ABCAPITAL3 days agoAditya Birla Capital Limited (abcapital) Inaugurates its 100th Dedicated Gold Loan Branch
-
Basic Materials3 days agoMan Industries (india) Limited Q2 FY27: Delivers Highest Ever Core Business Ebitda