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Tejas Networks Share Price Rose on Receiving ₹123 Crore Under Telecom PLI Scheme

Written by: Team Angel OneUpdated on: Jun 6, 2025, 11:45 AM IST
Tejas Networks share price rose, receiving ₹122.96 crore as the first instalment under the PLI Scheme to boost domestic telecom manufacturing.
Tejas Networks Share Price Rose on Receiving ₹123 Crore Under Telecom PLI Scheme
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Tejas Networks Limited, a leading telecom and networking products manufacturer under the Tata Group, has received ₹122.96 crore from the Department of Telecommunications, Ministry of Communications. 

This funding is part of the government’s Production Linked Incentive (PLI) Scheme aimed at boosting domestic production in the telecom sector. The amount received marks the first instalment, representing 85% of the total eligible incentive for the third quarter of FY 2024-25.

Remaining Incentive Expected Soon

The balance 15% of the incentive is expected to be released at a later stage, as per the guidelines of the PLI Scheme. This financial support reflects the government’s continued commitment to strengthening indigenous manufacturing and promoting self-reliance in critical technology sectors like telecom.

About Tejas Networks 

Tejas Networks Limited is a leading Indian company specialising in the design and manufacturing of high-performance telecom and networking equipment. As part of the Tata Group, it provides innovative solutions across optical, broadband, and wireless technologies, serving telecom service providers, internet service providers, government agencies, and defence networks.

With a strong focus on R&D and indigenous manufacturing, the company plays a key role in advancing India’s digital infrastructure and self-reliance in critical communication technologies.

Read More: Tejas Networks Powers BSNL’s 4G/5G Rollout with ₹7,492-Crore Project Completion!

Tejas Networks Share Price Performance 

As of June 06, 2025, at 9:40 AM, Tejas Networks share price is trading at ₹728.40 per share, reflecting a surge of 1.87% from the previous day's closing price. Over the past month, the stock has surged by 3.95%. The stock's 52-week high stands at ₹1,495 per share, while its low is ₹646.55 per share.

Conclusion 

The incentive received by Tejas Networks under the PLI Scheme marks a significant step towards strengthening India’s telecom manufacturing ecosystem. It highlights the government's commitment to fostering self-reliance in the sector while also reinforcing Tejas Networks' position as a key player in driving innovation and growth in indigenous telecom infrastructure.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jun 6, 2025, 11:45 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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