Stocks

Tejas Networks surges over 8% on strong Q2 numbers

Internet Desk | Updated on October 22, 2020 Published on October 22, 2020

Tejas Networks on Wednesday announced its second-quarter results. The revenue from operations has increased by 25.5 per cent to ₹106.8 crore. The company reported a profit after tax of ₹4.5 crore compared to the net loss of ₹4.4 crore registered in Q2FY20.

Tejas Networks currently has the order book of ₹599 crore. The debt-free company expect further improvement in H2HY21 financial performance.

The shares of the company are currently quoting at ₹92/apiece, up 8.7 per cent and are up for the fifth straight day.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on October 22, 2020
This article is closed for comments.
Please Email the Editor