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Multibagger Stock: Tejas Networks records 77% surge in April, achieves 3000% growth over 4 years

Tejas Networks, a Tata Group subsidiary, achieved new lifetime high in trading session, surging 6% to ₹1,183.35 apiece. Strong rally in April reverses previous negative returns, marking largest monthly gain since listing in 2017.

Tejas Networks shares zoom over 15% on Q4 profit surge, hit new all-time high

The company achieved profitability in Q4FY24, marking a significant turnaround after nine consecutive quarters of net losses. Revenue from operations during this period came in at ₹1,171 crore, representing a remarkable 343% year-on-year increase.

Tejas Networks shares soar more than 15%, hit new all-time high. Here's why

Tejas Networks share price: The company s net profit is at ₹147 crore while revenue from operations during this period came in at ₹1,171 crore.

Strong Initial Nifty, Sensex Rally Meet with Selling - Weekly Closing Report

As the final market day of FY23-24 concluded, Indian markets experienced one of their best years, with the Nifty ranking among the top-performing markets in Asia, yielding nearly 29% USD return (second only to Japan). Conversely, China and Hong Kong faced significant underperformance.

Telecom Egypt Forges Strategic Alliance with Tejas Networks for Advanced Network Solutions