Tata group stock in focus after it partners with Japanese firm for 5G with investment of ₹525 CrTata group stock in focus after it partners with Japanese firm for 5G with investment of ₹525 Cr

Introduction:

Leading telecom solutions provider has partnered with a Japanese technology giant to develop advanced 5G solutions. The collaboration includes licensing proven telecom technologies and a ₹525 crore investment, aiming to accelerate innovation and strengthen its presence in the global telecom industry.

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Share price movement of Tejas Networks:

On February 10, 2025, Tejas Networks Ltd opened at ₹875.00, down 1.43% from its previous close of ₹869.70. The stock reached a high of ₹882.30 and a low of ₹846.45. By 4:01 PM, it traded at ₹857.30, with a market cap of ₹15,067.49 crore.

Tejas Networks Partners with NEC Japan for Advanced 5G Technology:

Tejas Networks Limited has signed technology collaboration agreements with NEC Corporation, Japan, to develop advanced wireless technologies for the global telecom industry. The partnership includes licensing NEC’s Massive MIMO Radio and 4G/5G converged core technology to Tejas, strengthening its 5G portfolio.

As part of the agreement, NEC will provide field-proven telecom solutions, with Tejas receiving approximately ₹525 crore (USD 60 million) over one year based on milestone achievements. This collaboration aims to enhance Tejas’ 5G capabilities and accelerate innovation in advanced networking solutions.

The partnership aligns with Tejas’ goal of expanding its global footprint in the telecom sector. By leveraging NEC’s expertise and market reach, Tejas aims to fast-track its 5G technology development, positioning itself as a key player in next-generation telecom infrastructure.

Recent news on Tejas Networks:

As of January 24, 2025, Tejas Networks Ltd reported a Q3 PAT of ₹166 crore, down 40% QoQ. However, revenue surged 4.5x YoY to ₹2,497 crore, despite a slight decline from ₹2,655 crore in the previous quarter.

Stock performance of Tejas Networks for Period of 1 week, 6 months and 1 year:

Tejas Networks Ltd’s stock gained 0.63% over the past week, showing short-term stability. However, its six-month return declined by 28.7%, reflecting challenges. Despite this, the stock delivered a strong 17.9% gain over the past year, indicating long-term growth potential.

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Shareholding pattern of Tejas Networks:

All values in %	Dec 2024	Sep 2024	Jun 2024
Promoter	54.00%	55%	56%
FII	8.00%	9.60%	10.20%
DII	4.70%	5%	5%
Public	32.70%	30.20%	29.40%

About Tejas Networks:

Tejas Networks Ltd (NSE: TEJASNET), incorporated in 2000, designs and manufactures wireline and wireless networking products. With a strong focus on innovation and R&D, its carrier-class solutions serve telecom, utilities, government, and defense sectors across 75+ countries.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.