Tejas Networks shares surged more than 14% in Wednesday’s trading session, witnessing strong buying interest and heavy trading volumes on the exchanges. The stock touched an intraday high of Rs. 488.85 compared to its previous close of Rs. 425.60.
As of 11:13 AM IST, Tejas Networks stock was trading near the day’s high after opening at Rs. 430.00. The stock also recorded a day’s low of Rs. 426.70 during early trade.
The sharp rally in Tejas Networks shares was accompanied by robust market participation, with live trading volume crossing 1.62 crore shares during the session. The strong momentum has placed the telecom and networking equipment company among the top gaining stocks in today’s trade.
Tejas Networks Share Price Performance
Tejas Networks witnessed significant volatility during the trading session:
- Previous Close: Rs. 425.60
- Opening Price: Rs. 430.00
- Day’s Low: Rs. 426.70
- Day’s High: Rs. 488.85
- 52-Week Low: Rs. 294.00
- 52-Week High: Rs. 761.60
The latest rally has helped the stock recover sharply from its 52-week low levels, although it still remains below its 52-week high of Rs. 761.60.