Tejas Networks Share Price Jumps Over 9% After 3-Day Fall: What Is Driving The Rally?

Tejas Networks share price (NSE: TEJASNET) surged on Tuesday, March 10, after declining for three consecutive sessions. The stock had fallen nearly 15% during the previous three days before staging a strong recovery.

During early trade, the stock rose more than 9% to an intraday high of ₹466 on the NSE. Around 9:50 AM, it was trading at ₹461.20, up ₹35.10 or 8.24% compared to the previous close of ₹426.10.

In comparison, the Nifty 50 was trading slightly higher at around 24,126, gaining about 0.41%.

Stock Option Allotment Boosts Sentiment

One of the key reasons behind the rise in the stock was the company’s announcement of allotting 58,844 equity shares to employees who exercised stock options.

The allotment was made under 5 different employee stock option plans, each with different exercise prices and participation levels.

Partnership With NEC For 5G Technology

Investor sentiment was also supported by the company’s recent agreement with NEC Corporation.

In February 2026, Tejas Networks signed a deal with the Japanese technology firm to manufacture and supply 5G MIMO radios. The partnership aims to accelerate innovation and develop advanced 5G and 5G-Advanced solutions for telecom operators worldwide.

According to Arnob Roy, the collaboration with NEC will help both companies combine their expertise to create next-generation wireless technologies.

Read More: Tata Power Share Price in Focus; Collaborates with Salesforce to Accelerate India’s Clean Energy Transition!

Conclusion

Tejas Networks shares bounced back after recent losses, supported by positive developments such as employee stock option allotments and the company’s 5G partnership with NEC. 

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