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Tejas Networks bags Rs 66 cr order from L&T Construction-stock surges 5%

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Tejas Networks bags Rs 66 cr order from L&T Construction-stock surges 5%

Shares of Tejas Networks were frozen at the 5 per cent upper circuit band of Rs 63.80 on the BSE on Monday after the company announced it has bagged order worth Rs 66 crore for Indian Defence Network Project from L&T Construction.

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“From a customer standpoint, our products have flexibility—and the time-to-market is shorter. They don’t have to wait for a new chip or design a new board/hardware,” says Sanjay Nayak.

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News about Tejas Networks

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