Tejas Networks Surges 33.29% in a Week: Volume and Institutional Interest Drive Rally

23 February 2026: Modest Decline Amid Sensex Gains

Tejas Networks began the week at Rs.326.10, down 0.21% from the previous close, while the Sensex advanced 0.39% to 36,817.86. The stock’s slight decline contrasted with the broader market’s positive tone, reflecting early-week caution among investors. Volume was moderate at 59,626 shares, indicating limited conviction in either direction.

24 February 2026: Sharp Drop on Weak Market Sentiment

The stock fell sharply by 2.64% to Rs.317.50, underperforming the Sensex which declined 0.78%. This day marked the steepest single-session loss of the week, coinciding with a broader market sell-off. Trading volume increased to 82,895 shares, signalling heightened selling pressure. The decline suggested short-term profit-taking or reaction to sectoral concerns.

25 February 2026: Slight Recovery with Limited Momentum

Tejas Networks edged up 0.13% to Rs.317.90, marginally outperforming the Sensex’s 0.41% gain. Volume moderated to 62,279 shares, reflecting a cautious market stance. Delivery volumes declined by 20.91% relative to the five-day average, indicating reduced long-term investor participation amid mixed technical signals.

26 February 2026: Intraday Surge and Exceptional Trading Activity

On 26 February, the stock experienced a dramatic turnaround, surging 17.13% to close at Rs.372.35. Intraday, it hit a high of Rs.344.65, marking an 8.37% gain from the previous close. This rally was accompanied by extraordinary volume of over 7.31 million shares and a traded value exceeding ₹226 crores, placing Tejas Networks among the most actively traded stocks by value in its sector.

The stock outperformed the Telecom - Equipment & Accessories sector’s 2.15% gain and the Sensex’s modest 0.21% rise. Technical indicators showed the price moving above its 5-day and 20-day moving averages, signalling short-term bullish momentum, though it remained below longer-term averages. Despite the recent downgrade to a Strong Sell rating by MarketsMOJO, the surge reflected strong speculative and institutional interest.

27 February 2026: Continued Rally with Record Volume and Institutional Interest

Tejas Networks extended its strong momentum on 27 February, surging 16.99% intraday to a high of Rs.400 and closing at Rs.435.60, a 7.96% gain on the day. The stock’s volume exploded to over 13.2 million shares, with traded value reaching an unprecedented ₹8,907.19 crores, making it one of the most actively traded stocks by both volume and value.

Institutional participation was evident, with delivery volumes soaring 2,119.36% above the five-day average, signalling robust accumulation. The stock outperformed the Telecom sector’s 7.73% gain and the Sensex’s 1.16% decline, highlighting its resilience amid a broadly negative market environment.

Technically, the price moved above its 5-day, 20-day, and 50-day moving averages, reflecting short- to medium-term bullish momentum. However, it remained below the 100-day and 200-day averages, indicating longer-term resistance. Despite the recent downgrade to a Strong Sell rating by MarketsMOJO, the surge suggests a complex interplay of speculative interest and institutional accumulation.

Daily Price Comparison: Tejas Networks vs Sensex (23-27 Feb 2026)

Key Takeaways

Strong Outperformance: Tejas Networks surged 33.29% over the week, vastly outperforming the Sensex’s 0.96% decline. The rally was driven by two consecutive days of double-digit percentage gains on 26 and 27 February, supported by exceptional volume and value turnover.

Volume and Institutional Interest: The stock saw record volumes exceeding 20 million shares over two days, with delivery volumes spiking over 2,000% above average, indicating strong institutional accumulation despite a recent downgrade to Strong Sell.

Mixed Technical Signals: While the stock broke above short- and medium-term moving averages, it remains below longer-term averages, suggesting resistance ahead and a need for sustained momentum to confirm a trend reversal.

Rating and Fundamental Caution: The MarketsMOJO downgrade to Strong Sell reflects ongoing fundamental concerns and sectoral headwinds, tempering enthusiasm despite the recent price surge.

Sectoral Context: The Telecom - Equipment & Accessories sector gained modestly, but Tejas Networks’ outperformance highlights company-specific dynamics and heightened speculative interest.

Conclusion

Tejas Networks Ltd’s week was marked by a dramatic price rally and exceptional trading activity, driven by a combination of speculative momentum and institutional accumulation. The stock’s 33.29% weekly gain stands in stark contrast to the broader market’s decline, underscoring its volatility and investor focus. However, the recent downgrade to a Strong Sell rating and mixed technical indicators counsel caution. While the surge may signal a short-term rebound, longer-term resistance levels and fundamental challenges remain significant hurdles. Investors should monitor volume patterns, delivery trends, and upcoming corporate developments closely to assess whether this rally can be sustained or if profit-taking pressures will emerge in the near term.

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