Tejas Networks Ltd Records ₹11.46 Crores in Today’s Most Active Equity Trades
Tejas Networks Ltd has become highly active in the Telecom Equipment & Accessories sector, with a traded volume of 1,881,068 shares and a market capitalization of Rs 10,413 crore. The stock has shown consecutive gains and increased investor participation, reflected in a significant rise in delivery volume.
Tejas Networks Ltd, a small-cap player in the Telecom Equipment & Accessories industry, has emerged as one of the most active equities today, with a total traded volume of 1,881,068 shares and a total traded value of approximately Rs 114.62 lakhs. The stock opened at Rs 614.8, reflecting a gain of 4.42% from the previous close of Rs 588.8, and reached an intraday high of Rs 621.9, marking a 5.62% increase.In terms of performance, Tejas Networks has outperformed its sector by 0.72% and has shown a consecutive gain over the last two days, yielding a total return of 3.41% during this period. The stock's last traded price stands at Rs 599.35. Notably, the delivery volume on September 26 was 287,000 shares, which represents a significant increase of 48.54% compared to the five-day average delivery volume, indicating rising investor participation.
While the stock is trading above its 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages. Overall, Tejas Networks continues to demonstrate notable activity and liquidity, with a market capitalization of Rs 10,413 crore.
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