Tejas Networks Ltd Sees Surging Value Turnover Amid Strong Institutional Interest

Robust Trading Activity and Price Performance

On 27 Feb 2026, Tejas Networks Ltd (symbol: TEJASNET) recorded a total traded volume of 2.24 crore shares, translating into an impressive traded value of ₹890.72 crores. The stock opened at ₹387.80, surged to an intraday high of ₹403.80, and was last quoted at ₹399.40, marking a strong 7.56% increase from the previous close of ₹371.05. This price action outperformed the Telecom - Equipment & Accessories sector by 0.71%, although the broader Sensex declined by 0.54% on the day.

The stock has demonstrated a consistent upward trajectory, gaining for three consecutive days and delivering a cumulative return of 25.99% over this period. Notably, it opened with a gap-up of 4.51%, signalling strong buying interest from the outset. The price currently trades above its 5-day, 20-day, and 50-day moving averages, indicating short- to medium-term bullish momentum, although it remains below the 100-day and 200-day averages, suggesting some longer-term resistance.

Institutional Interest and Delivery Volumes

Investor participation has surged dramatically, with delivery volumes on 26 Feb reaching 59.67 lakh shares—a staggering 2119.36% increase compared to the five-day average delivery volume. This spike in delivery volume is a clear indicator of strong institutional interest, as delivery volumes typically reflect genuine buying rather than speculative intraday trading.

Liquidity remains robust, with the stock’s traded value comfortably supporting trade sizes of up to ₹12.01 crores based on 2% of the five-day average traded value. This liquidity profile makes TEJASNET an attractive option for large institutional investors seeking to build or exit positions without significant market impact.

Market Capitalisation and Sector Context

Tejas Networks Ltd is classified as a small-cap company with a market capitalisation of approximately ₹7,091.75 crores. The stock operates within the Telecom - Equipment & Accessories industry, a sector that has seen mixed performance recently. On the day in question, the IT - Hardware sector, which shares some technological and supply chain characteristics with telecom equipment, gained 7.73%, reflecting broader positive sentiment in technology-related hardware stocks.

Mojo Score and Rating Dynamics

Despite the recent bullish price action, MarketsMOJO has downgraded Tejas Networks Ltd’s Mojo Grade from Sell to Strong Sell as of 20 Oct 2025, assigning it a low Mojo Score of 1.0. This downgrade reflects concerns over the company’s fundamental outlook, possibly linked to profitability challenges, competitive pressures, or valuation risks. The Market Cap Grade stands at 3, indicating a mid-tier market capitalisation relative to other stocks in the coverage universe.

Such a rating suggests caution for investors, especially those with a medium- to long-term horizon, as the fundamental risks may outweigh the short-term technical strength. However, the recent surge in trading volumes and price gains could be driven by speculative interest or short-covering, which often precedes a period of consolidation or correction.

Comparative Sector and Market Analysis

While Tejas Networks Ltd has outperformed its sector marginally today, the broader market context is less favourable. The Sensex’s decline of 0.54% contrasts with the stock’s 7.56% gain, highlighting its relative strength. The IT - Hardware sector’s 7.73% gain on the same day underscores a selective rally in technology-related hardware stocks, possibly driven by positive earnings or sector-specific developments.

Investors should note that Tejas Networks’ price remains below its longer-term moving averages, which may act as resistance levels. The stock’s ability to sustain gains above these averages will be critical for confirming a durable uptrend.

Investor Takeaways and Outlook

Tejas Networks Ltd’s recent trading activity underscores a complex investment case. On one hand, the stock’s high value turnover, rising delivery volumes, and short-term price momentum suggest strong market interest and potential for further gains. On the other hand, the downgrade to a Strong Sell rating and the stock’s position below key long-term moving averages caution investors about underlying fundamental risks.

For traders and short-term investors, the stock’s liquidity and volatility present opportunities to capitalise on momentum. However, for long-term investors, it is prudent to weigh the company’s financial health, competitive positioning, and sector dynamics carefully before committing capital.

Given the mixed signals, monitoring institutional activity and upcoming corporate developments will be essential to gauge whether the current rally can be sustained or if a correction is imminent.

Summary of Key Metrics for Tejas Networks Ltd (27 Feb 2026)

• Total Traded Volume: 2.24 crore shares
• Total Traded Value: ₹890.72 crores
• Day’s High: ₹403.80 (+8.83%)
• Last Traded Price: ₹399.40 (+7.56%)
• Market Capitalisation: ₹7,091.75 crores (Small Cap)
• Mojo Score: 1.0 (Strong Sell)
• Consecutive Gains: 3 days, +25.99% returns
• Delivery Volume Spike: +2119.36% vs 5-day average

Investors should continue to analyse both technical and fundamental indicators to navigate the evolving landscape of Tejas Networks Ltd and the broader telecom equipment sector.

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