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Tejas Networks Limited (NSE: TEJASNET) gains 5% intraday

Tejas Networks Limited (NSE: TEJASNET) stock price gains 5% intraday to ₹570.85 despite a breakdown trendline status, nearing key 50-DMA momentum test at ₹53.

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Tejas Networks Limited TEJASNET gains 5% intraday

Tejas Networks Limited (TEJASNET) recovered intraday, bouncing +5% to ₹570.85 despite the stock’s 6M trendline status being in breakdown. The move comes as the stock tests its 50-DMA at ₹539.1, a key momentum level. In the technology sector, specifically communication equipment, TEJASNET’s intraday gain appears to be a company-specific move rather than a sector-wide trend, given the weak overall structure.

Technical setup — trendlines & DMA

Currently, TEJASNET is trading below both its 6M support and resistance trendlines, situated 14.88% below the support at ₹655.79 and 19.20% below the resistance at ₹680.48. The 50-DMA is above the 200-DMA, indicating a bullish trend, but the stock is just recovering rather than being extended above both moving averages. TEJASNET is trading in the upper third of its 52W range, which suggests that a significant portion of its potential upside may already be priced in.

6M Trendline — Intraday Snapshot
BREAKDOWN₹450₹500₹550₹60017 Apr18 May16 Jun15 Jul

Snapshot: ₹570.85 on 2026-07-15 (chart frozen at publication)

Fundamentals & business context

With a PE ratio of n/a due to negative profit margins of -82.4% and a revenue CAGR of 6.1%, the market appears to be pricing in a potential turnaround rather than current earnings. The high institutional ownership of 61.0% suggests that despite the current financials, smart money sees value or potential in TEJASNET. There was no NSE catalyst today driving the move, which reinforces the technical nature of the bounce.

TEJASNET
Holdings Analysis
Key strengths & risk signals
51
Overall
37
Fundamental
66
Technical
Risks (4)
Cannot calculate PEG - insufficient growth data.
POOR YEAR! Stock declined 20.9% in the last year.
WEAK POSITION! Current price (464.3) is below both moving averages.
NEGATIVE MOMENTUM! Price declined across timeframes - down 0.5% (1 week), 16.0% (1 month), 15.2% (3 months).
Strengths (3)
BULLISH TREND! 50-day average (517.9) is above 200-day average (471.7) - positive signal.
BULLISH SENTIMENT! In last 30 days: 10 up days, 20 down days. Avg volume on up days: 4,465,630 vs down days: 1,857,965. Ratio: 2.4x
APPROACHING OVERSOLD! RSI at 37.8 - watch for reversal.

Algorithmic scorecard

The overall algorithmic scorecard reflects a technically strong but fundamentally weak position for TEJASNET. One of the strongest signals is the bullish sentiment over the last 30 days, with a 3.22x higher average volume on up days compared to down days, indicating systematic accumulation. Another strong point is the stock’s low volatility, with a beta of -0.30, suggesting it is a stable stock with less market risk. On the weaker side, the company’s profit margins are extremely thin at -82.4%, leaving little room for error. Additionally, the company reported a loss in the last quarter, which is a caution signal for investors.

Fundamental & Technical AnalysisNSE: TEJASNET
51Overall
37Fundamental
66Technical
Growth Quality10 / 30
Revenue CAGR: 6.1% (MODERATE, 8/15). Profit CAGR: 0% (DECLINING, 2/15).
Profit Margin2 / 10
LOW MARGIN! -70.4% profit margin - thin profits.
PEG Valuation0 / 10
Cannot calculate PEG - insufficient growth data.
Dividend Yield3 / 10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt / Equity6 / 10
MODERATE DEBT! D/E of 0.89 - acceptable leverage.
Public Holding14 / 20
MODERATE PUBLIC HOLDING! 29.21% public ownership - balanced ownership structure.
Stability2 / 10
CAUTION! Company made loss in last quarter. Be careful.
Moving Averages12 / 10
BULLISH TREND! 50-day average (517.9) is above 200-day average (471.7) - positive signal.
Price Position2 / 10
WEAK POSITION! Current price (464.3) is below both moving averages.
Trend Pattern10 / 20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance1 / 10
POOR YEAR! Stock declined 20.9% in the last year.
Volume Sentiment30 / 30
BULLISH SENTIMENT! In last 30 days: 10 up days, 20 down days. Avg volume on up days: 4,465,630 vs down days: 1,857,965. Ratio: 2.4x
RSI4 / 5
APPROACHING OVERSOLD! RSI at 37.8 - watch for reversal.
52W Range3 / 5
MID RANGE! Trading at 48.5% of 52W range - neutral zone.
Momentum1 / 5
NEGATIVE MOMENTUM! Price declined across timeframes - down 0.5% (1 week), 16.0% (1 month), 15.2% (3 months).
Beta / Volatility3 / 5
MARKET ALIGNED! Beta of 1.00 - moves with the market.

Company outlook

In the last recorded concall from Q4FY26, TEJASNET management highlighted several areas of focus. Strengths included the expectation of better financial results in FY27 due to current investments and business outlook, and the goal to achieve PAT positive status in FY27. They also anticipated significant collections from BSNL to reduce receivables and expected faster delivery and installation times for add-on orders due to prior testing and integration. However, the company faced weaknesses such as the reported loss in the last quarter and the need to turn around profit margins.

Management’s forward guidance for TEJASNET includes the expectation of better financial results in FY27, with a specific goal to achieve PAT positive status in that fiscal year. They anticipate significant collections from BSNL to help reduce receivables, and expect faster delivery and installation times for add-on orders due to prior testing and integration. The growth drivers appear to be the investments and business outlook for FY27, while the near-term pressure comes from the current loss status and thin profit margins. Management’s strategic plans include leveraging current investments and improving operational efficiencies to turn around financial performance.

Get all details on TEJASNET — P&L, peers, shareholding and more on TradeAlone.

Communication Equipment

Pace Digitek Limited (pacedigitk) Secures 115 Mwh Utility-scale BESS Project from BSES Rajdhani Power

Pace Digitek Limited (PACEDIGITK) secures 115 MWh utility-scale BESS project from BSES Rajdhani Power, marking fifth major BOO/BOOT storage win.

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Pace Digitek Limited Pacedigitk Secures 115 Mwh BESS Project

Pace Digitek Limited (NSE: PACEDIGITK) announced it has secured a 115 MWh utility-scale Battery Energy Storage System (BESS) project from BSES Rajdhani Power. This marks the company’s fifth major Build, Own, Operate, and Transfer (BOOT) storage project, significantly boosting its utility-scale BOO/BOOT portfolio to 3.32 GWh.

Project Details

The 57.5 MW/115 MWh BESS project will be developed under a 12-year BOOT model, with a capital outlay of approximately Rs. 179.4 crore. The project is slated for completion within seven months. Under the long-term Battery Energy Storage Service Agreement (BESSA), Pace Digitek will receive a fixed capacity tariff of Rs. 47.05 lakh per MW per year, translating into annual contracted capacity revenue of Rs. 27.1 crore.

Strategic Growth

This award adds to Pace Digitek’s recent BESS wins, including a Rs. 488.6 crore order from NTPC GE Power Services Private Limited for a standalone BESS in September 2026. The company has been progressively building capabilities across the energy storage value chain, including BESS manufacturing, system integration, equipment supply, EPC execution, and long-term ownership and operation of storage assets. Since the end of Q1 FY2027, the company has secured Rs. 761 crore of additional orders, further strengthening its order visibility.

As a result, Pace Digitek intends to build on its manufacturing and execution capabilities and selectively expand its presence across the energy storage market. Commenting on the development, Mr. Venugopal Rao Maddisetty, Chairman & Managing Director, Pace Digitek Limited, said: “The BSES award is another important milestone in the development of our Energy business and marks our fifth utility-scale BOO/BOOT storage project. It reinforces the capabilities we have built across BESS manufacturing, project execution, and long-term asset operations. We remain focused on disciplined execution, scaling our manufacturing capabilities, and selectively building a portfolio of contracted energy infrastructure assets, while continuing to serve the evolving requirements of India’s power and renewable energy ecosystem.”

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Pace Digitek Limited

Pace Digitek Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

PACEDIGITK
Technology › Communication Equipment
CONSOLIDATING DOWN
82
Fundamental
56
Technical
69
Overall

1W -1.29%
1M +3.67%
3M -21%
P/E: 10.7 Cap: Small
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

Pace falls 25.1% over three months and has not found a floor yet. The PEG of 0.06 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Revenue grows at 73.9% and profits at 175.1% CAGR. Both numbers are exceptional. The stock gains 1.0% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at 73.9% and profits at 175.1% CAGR, with D/E of 0.00. Meanwhile, the stock dips 25.1% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of Pace Digitek Limited.

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Communication Equipment

Tejas Networks Limited Demonstrates 6G Integrated Sensing and Communications with Qualcomm at IMC 2026

Tejas Networks Limited (TEJASNET) and Qualcomm demonstrate 6G Integrated Sensing and Communications (ISAC) at India Mobile Congress 2026, showcasing transfor.

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Tejas Networks Limited Tejasnet 6G ISAC Event

Tejas Networks Limited (NSE: TEJASNET) in collaboration with Qualcomm Technologies is demonstrating Integrated Sensing and Communication (ISAC) at the India Mobile Congress (IMC) 2026. As the industry looks beyond 5G and towards 6G, new technological frontiers are being explored to transform communication networks into intelligent digital infrastructure. Integrated Sensing and Communication (ISAC) is one such foundational technology, enabling next-generation wireless networks to function as pervasive radar systems for enhanced situational awareness.

Technology Demonstration

The joint demonstration highlights how ISAC can leverage communication signals to detect and track objects in the surrounding environment, such as moving vehicles on city roads and drones in strategic areas, without requiring dedicated sensing infrastructure. By combining connectivity, sensing, and AI-driven analytics, ISAC has the potential to create more adaptive, context-aware, and efficient digital infrastructure.

Industry Impact

Dr. Kumar N. Sivarajan, Chief Technology Officer of Tejas Networks, said, ‘ISAC is emerging as one of the most promising technology directions for future 6G networks.’ This ability to generate and monetize spatial intelligence also enables a significant new value proposition for mobile operators, extending their role beyond high-speed connectivity to providing real-time environmental insights for commercial and strategic use cases.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Tejas Networks Limited

Tejas Networks Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

TEJASNET
Technology › Communication Equipment
CONSOLIDATING DOWN
36
Fundamental
66
Technical
51
Overall

1W -2.68%
1M -16.2%
3M -15.82%
Cap: Mid
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

Tejas falls 13.9% over three months and has not found a floor yet. Industry-leading margins of 70.4% reflect exceptional pricing power and operational efficiency. 5 loss quarters over five years is a serious red flag — earnings quality is poor and recovery is not guaranteed. The stock holds at 49% of its 52-week range with RSI at 34. In other words, neither side has a clear edge right now. Revenue grows at 6.1% CAGR and the PEG stands at 99.00. The growth does not match the price the market asks. Furthermore, flat price action adds no technical catalyst. A lower price or faster revenue growth would improve the odds. Check Fundamentals of Tejas Networks Limited.

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Communication Equipment

Pace Digitek Limited (pacedigitk) Secures ₹92.9 Crore Order for BESS Supply and Commissioning Support

Pace Digitek Limited (PACEDIGITK) secures ₹92.9 crore order for BESS supply and commissioning support, boosting its BESS business and manufacturing capacity.

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Pace Digitek Limited Pacedigitk BESS Order August 2026

Pace Digitek Limited (NSE: PACEDIGITK) announced that its material subsidiary, Lineage Power Private Limited (LPPL), has received a Letter of Award from Kalpa Power Private Limited for the supply and commissioning support of a Battery Energy Storage System (BESS). The order, valued at ₹92.9 crore, is scheduled for completion by 31 December 2026. This order adds to Pace Digitek’s growing BESS business and strengthens near-term visibility for its manufacturing operations.

Scaling Manufacturing Capacity

The project will be supplied from the Company’s BESS manufacturing platform, which has recently been expanded to 5 GWh of installed capacity. Over the past year, Pace Digitek has manufactured more than 300 utility-scale BESS containers, representing approximately 1.5 GWh of battery energy storage capacity. The Company has been progressively scaling its manufacturing capabilities to address growing demand for utility-scale and Commercial & Industrial (C&I) energy storage applications.

Future Expansion Plans

The Company’s BESS manufacturing capacity has increased from 2.5 GWh to 5 GWh, with a further phased expansion towards 10 GWh targeted by the end of FY2027. The expansion is expected to provide additional capacity to support product supplies as well as the Company’s participation in integrated BESS projects. This strategic move underscores Pace Digitek’s commitment to meeting the escalating demand for energy storage solutions.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Pace Digitek Limited

Pace Digitek Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

PACEDIGITK
Technology › Communication Equipment
CONSOLIDATING DOWN
82
Fundamental
56
Technical
69
Overall

1W -1.29%
1M +3.67%
3M -21%
P/E: 10.7 Cap: Small
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

Pace posts a 1.0% three-month gain, but softens in the last few weeks. The PEG of 0.07 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Revenue grows at 73.9% and profits at 175.1% CAGR. Both numbers are exceptional. The stock gives back 12.9% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 73.9% and profits at 175.1%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of Pace Digitek Limited.

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