Tejas Networks share price: The stock slumped 7.29 per cent to hit a day low of Rs 801.10 over its previous close of Rs 864.05. At today's low price of Rs 801.10, the scrip has declined 14.77 per cent from its one-year high price of Rs 939.90, a level seen on October 18 last year.
Multibagger stock: Tejas Networks shares closed 0.62% higher at Rs 863.50 on Friday. Around 0.29 lakh shares of Tejas changed hands amounting to a turnover of Rs 2.54 crore on BSE.
Tejas Networks share gained 7.34% to a record high of Rs 939.90 today. At 10:21 am, around 0.49 lakh shares of Tejas changed hands amounting to a turnover of Rs 4.47 crore on BSE.
Tejas Networks share hit the upper circuit of 5 per cent in early trade today after the Tata Group firm said it would buy 64.40 per cent stake in wireless solutions company Saankhya Labs for Rs 283.94 crore in an all-cash deal.
Tejas Networks share zoomed 5 per cent to Rs 424.90 against the previous close of Rs 404.70 on BSE. The stock has gained 11.46 per cent in the last three days. Tejas Networks stock opened 5 per cent higher today. The market cap of the firm rose to Rs 4,861 crore.