Vijay Kedia Slashes Stake in Tata Group Stock Tejas Networks, Which Hits 52-Week Low

Renowned investor Vijay Kedia has slashed his stake in Tata Group’s Tejas Networks, 5 years after his initial investment. The stock, once a multi-bagger, has plummeted from its peak, now trading at a 52-week low. Kedia's name has officially disappeared from the public shareholding list, signalling either a full exit or a stake that has dropped below 1%.

Vijay Kedia Slashing Stake in Tejas Networks

According to the latest Bombay Stock Exchange data, Vijay Kedia, under Kedia Securities, no longer appears in Tejas Networks' public shareholding list. As of the March 2025 quarter, he held 18 lakh shares, representing 1.02%. His initial entry in June 2020 began with 1.52%, which peaked at 4.2% in September 2020. The stock soared from an average purchase price of ₹70 per share to an all-time high of ₹1,495.1 on June 27, 2024, delivering a massive 2,035% return at its peak.

Significant Decline Erodes Earlier Gains

The dramatic rise was followed by an equally steep fall. Tejas Networks shares have dropped over 60% from their high and are currently trading 2.8% lower at ₹608.45. The stock has halved in 2025 alone, with a 12% decline logged over the past month, placing it at a 52-week low.

Financial Strains Amplify Market Pressure

Tejas Networks' June 2025 quarterly results revealed a sharp 89% revenue drop quarter-on-quarter and an 87% decline year-on-year. These numbers have contributed to dwindling investor confidence and have negatively impacted the stock’s momentum.

Timeline of Stake Reduction Reflects Exit Strategy

From its 4.39% peak holding in 2020, Kedia gradually reduced his position. By June 2024, it had declined to 1.87%, reducing further to 1.02% by March 2025. His latest unlisted status confirms a complete exit or a stake falling below disclosure limits.

Read More: Tata Capital Submits Updated DRHP for IPO Including Offer for Sale and Fresh Issue!

Tejas Networks Share Price Performance

On July 23, 2025, Tejas Networks share price opened at ₹625.10 on NSE, below the previous close of ₹625.80. During the day, it surged to ₹625.50 and dipped to ₹605.00. The stock is trading at ₹613.25 as of 12:54 PM. The stock registered a significant decline of 2.01%.

Over the past week, it has declined by 5.29%, over the past month, it has declined by 12.07%, and over the past 3 months, it has declined by 30.61%.

Conclusion

Vijay Kedia has exited Tejas Networks after a five-year journey marked by phenomenal early gains and a steep recent decline. The stock's dramatic fall, alongside disappointing financial performance, reflects changing investor sentiment and market dynamics around the telecom equipment firm.

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