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Tejas Networks Limited (tejasnet) Partners with Mahait to Foster Telecom Engineering Talent in Maharashtra

Tejas Networks Limited (TEJASNET) partners with MahaIT to nurture telecom engineering talent in Maharashtra, focusing on underserved regions.

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Tejas Networks Limited Tejasnet Partnership Mahait May 2026

Tejas Networks Limited (NSE: TEJASNET) announced a Memorandum of Understanding (MoU) with the Maharashtra Information Technology Corporation Limited (MahaIT) to provide world-class training and certification in emerging telecom technologies to engineering students across Maharashtra. The MoU aims to enable skilling and certification of students from underserved regions through online and instructor-led training programs. The collaboration also explores joint areas of collaboration in skilling, industry-academia engagement, and technology-led capacity building.

Strategic Partnership

The partnership signifies a significant step towards realizing the vision of a modern and inclusive ‘Digital Maharashtra’. Sanjay Katkar, IAS, Managing Director of MahaIT, expressed delight in the collaboration, emphasizing its role in accelerating the training and capacity-building of telecommunication engineers in Maharashtra. Tejas Networks, a key technology supplier for several pan-India public networks, is ideally positioned to contribute to this initiative.

Objectives of the MoU

Arnob Roy, Managing Director and Chief Executive Officer of Tejas Networks, highlighted the critical need for skilled engineering talent in emerging telecom technologies to support Maharashtra’s vision of becoming a trillion-dollar economy. The company is committed to advancing the state’s efforts through high-quality skilling and certification programs designed to enhance the employability and industry readiness of young engineers in both urban and rural areas.

Future-Ready Workforce

Sunil Handoo, Vice President (Sales) of Tejas Networks, praised MahaIT’s ICT initiatives for powering Maharashtra’s emergence as a leader in digital governance. The collaboration aims to further strengthen these initiatives and develop a future-ready engineering workforce in the state. For more information, visit Tejas Networks Ltd. at www.tejasnetworks.com.

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
68
Technical
52
Overall

1W -9.09%
1M -14.23%
3M -21.7%
Cap: Mid
AI-Powered Analysis • TradeAlone
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Tejas rises 41.1% over three months, with buying pressure holding steady. Industry-leading margins of 82.4% reflect exceptional pricing power and operational efficiency. 4 loss quarters over five years is a serious red flag — earnings quality is poor and recovery is not guaranteed. The stock holds at 37% of its 52-week range with RSI at 55. In other words, neither side has a clear edge right now. The stock rises 41.1% in three months. Yet revenue grows at only 6.1% and the PEG stands at 99.00. 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 Tejas Networks Limited.

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 -0.01%
1M +0.59%
3M -22.09%
P/E: 11.3 Cap: Small
AI-Powered Analysis • TradeAlone
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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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Communication Equipment

Paramount Communications Limited (paracables) Q1 FY27: Robust Start with 17.4% Revenue Growth

Paramount Communications Limited (NSE: PARACABLES) reports a robust start to FY27 with 17.4% revenue growth and a 320 bps YoY increase in operating margin.

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Paramount Communications Limited Paracables Q1 FY27 Results

Paramount Communications Limited (NSE: PARACABLES) announced its financial results for the quarter ended June 30, 2026, marking a robust start to FY27. The company reported a 17.4% year-over-year revenue growth, reflecting sustained demand across its key business segments. The operating margin increased by 320 basis points to 6.6%, showcasing improved operational efficiencies.

Financial Performance

The revenue from operations stood at ₹529.4 crore, down 7.7% quarter-over-quarter but up 17.4% year-over-year. Total income was ₹532.5 crore, up 13.6% YoY. The operating profit (excluding other income) was ₹347 crore, a significant 16.3% increase QoQ and 129.2% YoY. The EBITDA (including other income) was ₹37.8 crore, up 14.1% YoY.

Operational Highlights

Export revenue contributed 29.3% of total revenue, standing at ₹155 crore. The orderbook was approximately ₹615 crore as of June 30, 2026, indicating strong future demand. Working capital days improved to 96 days, down from 101 days in the previous quarter. Receivable days also improved to 64 days from 79 days QoQ.

As Paramount Communications Limited continues to expand its product capabilities and market presence, the company remains confident about maintaining its momentum through the year and creating sustainable long-term value for its stakeholders.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Paramount Communications Limited

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

PARACABLES
Technology › Communication Equipment
CONSOLIDATING DOWN
60
Fundamental
64
Technical
63
Overall

1W -6.05%
1M -10.94%
3M -20.54%
P/E: 28.4 Cap: Small
AI-Powered Analysis • TradeAlone
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Paramount gains 16.0% over three months and trades near its 52-week highs. The PEG stands at 4.32 — severely stretched. Any earnings miss could trigger a sharp de-rating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock gives back 0.1% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 34.7% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Paramount Communications Limited.

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Communication Equipment

Sterlite Technologies Limited (STLTECH) breaks out, gains 5% intraday

Sterlite Technologies Limited (STLTECH) cleared its 6M resistance trendline, gaining 5% intraday to ₹651.0.

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Sterlite Technologies Limited STLTECH breakout

Sterlite Technologies Limited (STLTECH) breaks out with a +5% gain to ₹651.0 on the NSE on 12 Aug 2026, clearing its 6-month resistance trendline. This move is driven by technical momentum, with the stock now trading 20.9% above its previous resistance at ₹515. STLTECH, a player in the technology sector under communication equipment, has shown a company-specific surge, outperforming broader sector trends which remain mixed.

Technical setup — trendlines & DMA

The current 6-month trendline structure shows a robust breakout. The 6-month support floor stands at ₹483.67, which is 25.70% below today’s price, indicating a solid cushion. Resistance was previously at ₹515.19, which the stock has now surpassed by 20.86%. The 50-day moving average (DMA) at ₹582.5 is above the 200-DMA at ₹286.3, signaling a bullish trend. The stock is not just recovering but is extended above both moving averages, reflecting strong upward momentum. In the 52-week range of ₹84.6 to ₹679.9, the current price is in the upper third, suggesting that a significant portion of the move is already priced in, though there’s still room for further gains.

6M Trendline — Intraday Snapshot
BREAKOUT₹200₹300₹400₹500₹6006 Apr19 May2 Jul12 Aug

Snapshot: ₹651.00 on 2026-08-12 (chart frozen at publication)

Fundamentals & business context

With a PE ratio of 135.1, STLTECH’s valuation appears stretched, especially given its current profit margin of 4.3% and a revenue CAGR of -11.8% over the past five years. This suggests that the market might be pricing in a potential turnaround, despite the company’s recent financial performance. Institutional ownership at 18.3% indicates a cautious but present interest from smart money, though it’s not overwhelmingly bullish. There’s no NSE catalyst today, reinforcing that the move is technical rather than news-driven.

STLTECH
Holdings Analysis
Key strengths & risk signals
59
Overall
30
Fundamental
89
Technical
Risks (3)
Cannot calculate PEG - insufficient growth data.
OVERBOUGHT! RSI at 72.2 - caution, may pull back.
HIGH VOLATILITY! Beta of 1.60 - significantly more volatile, higher risk.
Strengths (3)
BULLISH TREND! 50-day average (718.0) is above 200-day average (410.7) - positive signal.
BREAKOUT! Stock has broken above resistance levels with momentum.
EXCELLENT YEAR! Stock gained 675.3% in the last year.

Algorithmic scorecard

The overall algorithmic scorecard reflects a technically strong but fundamentally weak position. Two of the strongest signals are the bullish trend, with the 50-DMA above the 200-DMA, and the stock’s excellent performance over the last year, up 400%. These indicate a positive technical setup and strong momentum. However, the weakest signals highlight declining revenue and profit CAGRs, coupled with low profit margins, which pose significant risks. The negligible dividend yield and the company’s unstable profit track, with two loss-making quarters detected, further underscore the fundamental challenges STLTECH faces.

Fundamental & Technical AnalysisNSE: STLTECH
59Overall
30Fundamental
89Technical
Growth Quality4 / 30
Revenue CAGR: -11.8% (DECLINING, 2/15). Profit CAGR: -26.5% (DECLINING, 2/15).
Profit Margin2 / 10
LOW MARGIN! 4.3% profit margin - thin profits.
PEG Valuation1 / 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 0.97 - acceptable leverage.
Public Holding10 / 20
SIGNIFICANT PUBLIC HOLDING! 36.81% public ownership - moderate retail influence.
Stability4 / 10
CAREFUL! Company does not have stable profit track. 2 loss-making quarters detected.
Moving Averages12 / 10
BULLISH TREND! 50-day average (718.0) is above 200-day average (410.7) - positive signal.
Price Position8 / 10
STRONG POSITION! Current price (955.4) is above both moving averages.
Trend Pattern20 / 20
BREAKOUT! Stock has broken above resistance levels with momentum.
52W Performance10 / 10
EXCELLENT YEAR! Stock gained 675.3% in the last year.
Volume Sentiment25 / 30
BULLISH SENTIMENT! In last 30 days: 19 up days, 11 down days. Avg volume on up days: 2,007,399 vs down days: 1,624,059. Ratio: 1.24x
RSI2 / 5
OVERBOUGHT! RSI at 72.2 - caution, may pull back.
52W Range5 / 5
STRONG! Trading at 100.0% of 52W range - near yearly highs.
Momentum5 / 5
STRONG MOMENTUM! Price has grown across all timeframes - up 16.0% (1 week), 37.7% (1 month), 65.6% (3 months). Momentum is accelerating.
Beta / Volatility2 / 5
HIGH VOLATILITY! Beta of 1.60 - significantly more volatile, higher risk.

Company outlook

Management has provided a positive outlook, expecting continued improvement in capacity utilization and a strong demand from hyperscalers and Neoclouds for data center capacity build-out. They aim to increase the data center and enterprise segment to 50% of revenues in the current fiscal and move EBITDA margin towards 23% as guided. Plans include investing INR 500 crores per year for the next three years in upgrading equipment and debottlenecking, and a $100 million investment over five years in a U.S. plant for connectivity solutions. These initiatives signal a strategic focus on growth segments and operational efficiency.

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

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