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Tejas Networks Limited
Share Price Target & Analysis

NSE:TEJASNET

1184.25

VWAP

1201.60

Open

1195.6

Close

1204.70

High

1153.05

Low

1220.00

52 Week High

1197.35 ⇧
1.75 (0.15%)

TEJASNET

(TELECOM)
96.8% Momentum

Trending & Favourite

510.00

52 Week Low

4.80

EPS

20.58

PE

6.8

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: TEJASNET Share Price Financial Analysis & Valuation

Tejas Networks Limited (TEJASNET) is broadly categorized in TELECOM segment industry which deals in Telecommunications - Equipment vertical. It is one of Mid Cap company with Market Capitalization of Rs 4616.4 (in Cr). Total number of free float shares are 9.1 (in Lacs). Tejas Networks Limited is listed on NSE with Exchange ID - INE010J01012 and trading code is NSE:TEJASNET with short name Tejas Networks.

In the past 1 year, Tejas Networks Limited has declared an equity dividend of Rs 0 per share. At the current share price of TEJASNET at Rs 1197.35, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:TEJASNET, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine TEJASNET underlying value and future prospects. All of this data is available in TEJASNET financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:TEJASNET, it is clearly understood that TEJASNET is Economical performer in terms of earnings and profit margins with an EPS of 4.80. NSE:TEJASNET book value per share as of today is 176.02. The current price to book ratio for TEJASNET as of May 16, 2024 is 6.8.

Valuation of the Stock: The current valuation of TEJASNET stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of TEJASNET whether to BUY this stock at current valuation. The delivery percentage of TEJASNET is 37.76% is very crucial parameter which shows that 37.76% investors are anticipating that the price of TEJASNET share should go up with VWAP at 1184.25.

Now, the main question is whether to BUY or SELL, NSE:TEJASNET at current valuation.
As per latest Analysis No. #993:-

⇑ STRONG BUY TEJASNET if All Greens

⇗ BUY TEJASNET (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD TEJASNET (With Stop Loss) if only 1 Green

⇘ SELL TEJASNET if NO Green Indicator

NSE: TEJASNET Share Price Today (May 16, 2024)

(Tejas Networks Limited Daily Analysis on the basis of TEJASNET Intraday Graph & Trend)

Tejas Networks Limited share price moved Up by 0.15% from its previous close of Rs 1195.6. TEJASNET stock last traded price is 1197.35. TEJASNET share price trend is Up with a total of 605340 stocks traded till now. It has touched an intraday high of Rs 1204.70 and an intraday low of Rs 1153.05. The TEJASNET trading at 1197.35, Up by Rs. 1.75, or 0.15 percent which suggests that most of the Traders are anticipating that the price of TEJASNET share should go Up.

NSE: TEJASNET Share Price Tomorrow Prediction

(Tejas Networks Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of TEJASNET)

Tejas Networks Limited share price moved Up by 0.15%. TEJASNET share price short term trend is Up. It suggests that TEJASNET Share Price for Tomorrow remains the same with VWAP at 1184.25 will be treated as stop loss for intraday traders. Tejas Networks Limited Long term investors can follow the TEJASNET long term trend as mentiond in future forecast table.

NSE Code

NSE: TEJASNET

TEJASNET Share Price Today

 1197.35

TEJASNET Share Price Target Prediction for 2024 ^

 832.9 - 1226

TEJASNET Share Price Target Prediction for 2025*^

 1226 - 1306.1

TEJASNET Share Price Target Prediction for 2026*^

 1306.1 - 1397.5

TEJASNET Share Price Target Prediction for 2027*^

 1467

TEJASNET Share Price Target Prediction for 2028*^

 1509

TEJASNET Share Price Target Prediction for 2030*^

 1645
TEJASNET Current Book Value 2023
175.1

*Tejas Networks Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^TEJASNET share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

TEJASNET Technical Analysis

Candlestick Pattern: @1197.35

TEJASNET Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 1158.39 BUY 1169.15 BUY
MA_12 1121.77 BUY 1108.81 BUY
MA_20 1052.93 BUY 1057.56 BUY
MA_32 925.82 BUY 981.36 BUY
MA_50 860.71 BUY 930.11 BUY
MA_100 826.59 BUY 875.09 BUY
MA_200 836.86 BUY 819.1 BUY

TEJASNET Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 1052.93 Uptrend
MACD 4.94 BUY
ADX 46.29 Strong Trend
DMI (+/-) 34.74 / 12.63 Uptrend

TEJASNET Momentum Oscillators

BUY (9) NEUTRAL (3) SELL (0)
Momentum Oscillators Value Action
RSI 72.02 Overbought
STOCHASTIC_K (Fast) 87.45 Overbought
STOCHASTIC_D (Slow) 85.8 Overbought
CCI 133.85 BUY
PSAR 1044.99 BUY
TRUE RANGE 51.65 Neutral
ATR 62.87 Neutral
WILLIAMS R -11.05 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 93.47 Overbought
STOCHASTIC RSI D 95.2 Overbought
MOMENTUM 413.35 BUY

TEJASNET Last 1 Year Trend

Duration Value
1 Year 78.48%
3 Months 57.06%
1 Month 52.72%
1 Week 7.07%

TEJASNET Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 90%
NEUTRAL / HOLD 10%
SELL 0%

Most popular Questions & Answers about TEJASNET


Tejas Networks Limited stock last traded price is 1197.35. TEJASNET share price moved Up by 0.15% from its previous close of Rs 1195.6.

Tejas Networks Limited share price trend is Up with a total of 605340 stocks traded till now. It has touched an intraday high of Rs 1232.2 and an intraday low of Rs 1153.05. The TEJASNET trading at 1197.35, Up by Rs. 1.75, or 0.15 percent which suggests that most of the Traders are anticipating that the price of TEJASNET share should go Up and the Stop Loss will be around 1184.25.

The market cap of Tejas Networks Limited is ₹4616.4 (in Cr) as of May 15, 2024.

The current price to earning ratio for Tejas Networks Limited as of May 15, 2024 is 20.58.

The current price to book ratio for Tejas Networks Limited as of May 15, 2024 is 6.8.

The highest price of Tejas Networks Limited stock is ₹1220.00 in the last 52-week.

The lowest price of Tejas Networks Limited stock is ₹510.00 in the last 52-week.

Tejas Networks Limited share trading at ₹1197.35, Up by Rs. 1.75, or 0.15 percent which suggests that most of the traders are anticipating that the price of TEJASNET share should go Up.

In 2023, Stock price target for Tejas Networks Limited (TEJASNET) are ₹832.9 on downside and ₹1226 on upside. Tejas Networks Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Tejas Networks Limited (TEJASNET) are ₹1226 on downside and ₹1306.1 on upside. Tejas Networks Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Tejas Networks Limited (TEJASNET) are ₹1306.1 on downside and ₹1397.5 on upside. Tejas Networks Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Tejas Networks Limited (TEJASNET) will be around ₹1509 Tejas Networks Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of TEJASNET.

As per the fundamental analysis of Tejas Networks Limited (TEJASNET), it is of Economical quality in terms of earnings and profit margins with an EPS of 4.80. Tejas Networks Limited book value per share as of today is 176.02. The current price to book ratio for TEJASNET as of May 16, 2024 is 6.8.


NSE:TEJASNET News & Other Useful Information about TEJASNET Share Price


Peer Comparison of NSE: TEJASNET

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Telecommunications - Equipment

Company Price EPS BV
INDUSTOWER 341.80 22.42 100.46
HONAUT 48800.00 526.23 3606.29
HFCL 97.30 2.15 20.59
ITI 313.55 0 23.35
MICEL 48.85 0.66 0.08
TEJASNET 1197.35 4.8 176.02
GTLINFRA 1.50 0 -3.44
DIGISPICE 27.35 0 9.33
GTL 11.05 5.8 -432.49
KAVVERITEL 17.10 16.58 28.67
Updated at: 15 May 2024 15:50

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