Tejas Networks share price: The stock zoomed 19.82 per cent to hit an intraday high value of Rs 928.95. It eventually settled 16.83 per cent higher at Rs 905.75. At this price, the scrip was down 3.63 per cent from its one-year high of Rs 939.90, a level seen on October 18 last year.
Tejas-TCS deal: Since TCS is a subsidiary of Tata Sons and the ultimate holding company of Tejas Networks is Tata Sons too, they are related parties, and the deal a related-party transaction.
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