Tejas Networks Share Price Jumps 26% on NEC 5G Massive MIMO Order Win

Under the agreement, Tejas Networks will leverage its expertise in carrier-class product development to co-create 5G and 5G-Advanced solutions for global telecom operators. The company manufactures and supplies a versatile mobility product suite comprising 4G and 5G radio access network (RAN) offerings, including high-capacity 32TR and 64TR massive MIMO radios that comply with both 3GPP and O-RAN standards.

Tejas Networks Focuses on Supply Chain Diversification and Innovation

Masayuki Kayahara, Corporate Senior Vice President of Global Network Division at NEC Corporation, said, “Today’s milestone furthers our collaboration with Tejas Networks for 5G massive MIMO radio and to achieve supply-chain diversification,n which helps in mitigating risks to our customers by building a resilient, flexible globalised ecosystem.” 

Arnob Roy, Chief Operating Officer and Executive Director of Tejas Networks said, “Our partnership with NEC will accelerate wireless innovation by leveraging our respective expertise in carrier-class product development for global telcos. We will continue to work closely with NEC to co-create leading-edge 5G/5G-Advanced solutions that meet the evolving needs of customers worldwide.” 

Sanjay Malik, Chief Strategy and Business Officer of Tejas Networks said, “We are delighted to win this deal in partnership with NEC as we expand our business internationally. We are looking forward to building on this momentum and replicating this success in other 4G/5G mobile networks across emerging and established markets.”

Tejas Networks Share Price Rally Over 26% on Order Win

Tejas Networks share price rallied sharply following the announcement. On February 26, the stock surged as much as 16.76% to hit an intraday high of ₹381.35 per share on the NSE. On February 27 the stock continued its momentum and surged by 8.83% to touch an intraday high of ₹403.80 per share. At 09:49 am, the stock was quoted 7.34% higher at ₹398.30 apiece. Volume on the NSE stood at 243.23 lakh shares. In the last two trading session the stock has surged over 26%.

The scrip has gained 21.62% over the past week and 34.19% over the last month. However, on a year-to-date basis, it has declined 12.10%. Over the past twelve months, shares have shed nearly 46.34%. The stock was also the worst-performing constituent on the Smallcap index in 2025, falling more than 60% during the year and extending losses by another 25% in the first two months of 2026.

Tejas Networks touched a 52-week low of ₹294 on January 27, 2026, while it had hit a 52-week high of ₹914.40 on April 22, 2025.

Tejas Networks Under PLI Incentive 

In a separate regulatory filing dated February 18, 2026, Tejas Networks said it received ₹69.97 crore from the Ministry of Communications, Department of Telecommunications, under the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products. The amount represents payment of the balance 15% of the eligible incentive for FY 2024-25 under the scheme guidelines.

The company’s total market capitalisation stood at ₹6,118.48 crore as of February 26, 2026, according to NSE data.