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tejas networks: Stock Radar: Down 30% from highs! Tejas Networks is showing signs of bottoming out; time to buy?

Tejas Networks stock hit a record high of Rs 939 on October 18, 2023, but failed to maintain the momentum. It is trading below both 50 and 200-DMA but the Relative Strength Index is around the oversold zone. The stock recorded a strong bullish candle on Monday with gains of over 7%.

Tejas Networks Ltd Share Price Today: Tejas Networks Ltd Stock Price Live NSE/BSE, Tejas Networks Ltd Latest News, Quotes and Financial Results

Tejas Networks formed partnership with Telecom Egypt - The Hindu BusinessLine

Business News | Tejas Networks Announces Strategic Partnership with Telecom Egypt

Get latest articles and stories on Business at LatestLY. Bengaluru (Karnataka) [India], March 26: Tejas Networks (BSE: 540595) (NSE: TEJASNET) today announced that it has signed a Memorandum of Understanding (MoU) with Telecom Egypt (TE), ITIDA (Information Technology Industry Development Agency) and NTI (National Telecom Institute) to replicate its experience of implementing the Bharatnet (Rural Broadband Project) and NKN (National Knowledge Network) projects in Egypt. Other broad areas of cooperation include capacity building of Egyptian engineers and technicians on state-of-the-art telecom and networking technologies; establishing local manufacturing and R&D facilities for Fiber-to-the-Home (FTTH) products; and setting up technical support services in Egypt both for customers within the country as well as for the larger Africa and Middle East region. Business News | Tejas Networks Announces Strategic Partnership with Telecom Egypt.

Tejas Networks announces strategic partnership with Telecom Egypt