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Tejas Networks Limited
Share Price Target & Analysis

NSE:TEJASNET

1286.56

VWAP

1280

Open

1268.3

Close

1305

High

1269.15

Low

1495

52 Week High

1279.60 ⇧
11.30 (0.89%)

TEJASNET

(TELECOM)
74.5% Momentum

Sideways to Positive

651.25

52 Week Low

25.9

EPS

21.63

PE

7.01

PB

Economical
Quality

Gold
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 1279.60, 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 25.9. NSE:TEJASNET book value per share as of today is 182.54. The current price to book ratio for TEJASNET as of Nov 23, 2024 is 7.01.

Valuation of the Stock: The current valuation of TEJASNET stock is like Gold which means currently the stock is Overpriced. 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 25.52% is very crucial parameter which shows that 25.52% investors are anticipating that the price of TEJASNET share should go up with VWAP at 1286.56.

Now, the main question is whether to BUY or SELL, NSE:TEJASNET at current valuation.
As per latest Analysis No. #1262:-

⇑ 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 (Nov 23, 2024)

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

Tejas Networks Limited share price moved Up by 0.89% from its previous close of Rs 1268.3. TEJASNET stock last traded price is 1279.60. TEJASNET share price trend is Up with a total of 655790 stocks traded till now. It has touched an intraday high of Rs 1305 and an intraday low of Rs 1269.15. The TEJASNET trading at 1279.60, Up by Rs. 11.30, or 0.89 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 0.89%. TEJASNET share price short term trend is Up. It suggests that TEJASNET Share Price for Tomorrow remains the same with VWAP at 1286.56 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

 1279.60

TEJASNET Share Price Target Prediction for 2024 ^

 1033.2 - 1502.4

TEJASNET Share Price Target Prediction for 2025*^

 1502.4 - 1600.5

TEJASNET Share Price Target Prediction for 2026*^

 1600.5 - 1712.5

TEJASNET Share Price Target Prediction for 2027*^

 1798

TEJASNET Share Price Target Prediction for 2028*^

 1850

TEJASNET Share Price Target Prediction for 2030*^

 2016
TEJASNET Current Book Value 2023
181.6

*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: @1267.75

TEJASNET Moving Averages

BUY (5) NEUTRAL (0) SELL (9)
MA Simple Action S1 Expo Action E2
MA_5 1299.9 SELL 1290.43 SELL
MA_12 1316.1 SELL 1300.83 SELL
MA_20 1300.46 SELL 1291.68 SELL
MA_32 1249.69 BUY 1277.78 SELL
MA_50 1253.75 BUY 1270.21 SELL
MA_100 1270.38 SELL 1248.75 BUY
MA_200 1112.25 BUY 1145.68 BUY

TEJASNET Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 1300.46 Downtrend
MACD -7.44 SELL
ADX 26.5 Strong Trend
DMI (+/-) 24.2 / 19.45 Uptrend

TEJASNET Momentum Oscillators

BUY (2) NEUTRAL (7) SELL (3)
Momentum Oscillators Value Action
RSI 48.35 Neutral
STOCHASTIC_K (Fast) 8.18 Oversold
STOCHASTIC_D (Slow) 6.02 Oversold
CCI -79.48 Neutral
PSAR 1219.88 BUY
TRUE RANGE 47.95 Neutral
ATR 69.45 Neutral
WILLIAMS R -79.43 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 25.55 Neutral
STOCHASTIC RSI D 8.52 Oversold
MOMENTUM 104.1 BUY

TEJASNET Last 1 Year Trend

Duration Value
1 Year 49.06%
3 Months 5.11%
1 Month 8.95%
1 Week -7.36%

TEJASNET Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 30%
NEUTRAL / HOLD 23%
SELL 47%

Most popular Questions & Answers about TEJASNET


Tejas Networks Limited stock last traded price is 1279.60. TEJASNET share price moved Up by 0.89% from its previous close of Rs 1268.3.

Tejas Networks Limited share price trend is Up with a total of 655790 stocks traded till now. It has touched an intraday high of Rs 1509.95 and an intraday low of Rs 1269.15. The TEJASNET trading at 1279.60, Up by Rs. 11.30, or 0.89 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 1286.56.

The market cap of Tejas Networks Limited is ₹4616.4 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Tejas Networks Limited as of Nov 22, 2024 is 21.63.

The current price to book ratio for Tejas Networks Limited as of Nov 22, 2024 is 7.01.

The highest price of Tejas Networks Limited stock is ₹1495 in the last 52-week.

The lowest price of Tejas Networks Limited stock is ₹651.25 in the last 52-week.

Tejas Networks Limited share trading at ₹1279.60, Up by Rs. 11.30, or 0.89 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 ₹1033.2 on downside and ₹1502.4 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 ₹1502.4 on downside and ₹1600.5 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 ₹1600.5 on downside and ₹1712.5 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 ₹1850 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.

The price of Tejas Networks Limited (TEJASNET) shares moved by 0.89%. The short-term trend for TEJASNET share price is Up. It implies that the share price of TEJASNET will stay the same tomorrow and that intraday traders should treat VWAP at 1286.56 as a stop loss. Investors with a long-term outlook can track TEJASNET long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of TEJASNET stock is 310.5. Compared to the current market price of 1279.60 INR, the TEJASNET stock is Overvalued by 75.7%.

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 25.9. Tejas Networks Limited book value per share as of today is 182.54. The current price to book ratio for TEJASNET as of Nov 23, 2024 is 7.01.


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 330.20 28.59 102.41
HONAUT 41019.70 596.84 4078.76
HFCL 126.28 2.65 26.49
ITI 275.07 0 18.21
MICEL 83.34 2.34 5.22
TEJASNET 1279.60 25.9 182.54
GTLINFRA 2.02 0 -3.97
DIGISPICE 26.10 0.62 9.75
GTL 11.84 10.31 -419.1
KAVVERITEL 38.62 0 28.25
Updated at: 22 Nov 2024 15:50

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