Tejas Networks receives Rs 70 Cr PLI incentive from DoT

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TEJASNET · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.3%Reaction day

₹336.75

prior close

₹341.80

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.2%-1.1% vs market

Telecom - Equipment & Accessories peers, median of 5sector+0.7%-3.0% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Smallcap 250 and 3.0 pts less than its Telecom - Equipment & Accessories peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.0

10m

-0.6

15m

-0.7

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.3-1.2-1.1+0.7-3.0

Next day

-3.2-1.4-1.8-2.0-1.2

-3.3-0.9-2.3-2.3-1.0

-6.0-1.5-4.5-2.3-3.7

-5.0-0.9-4.1-1.1-3.9

+13.2-0.8+14.1-3.2+16.4

+39.6-3.7+43.3-5.7+45.3

15d

+26.8-8.2+35.0-12.6+39.4

+28.3-8.8+37.1-8.6+36.9

+22.9+1.2+21.7-0.5+23.5

+38.8+3.0+35.9-0.5+39.3

UpDownMarket · Nifty Smallcap 250Sector · Telecom - Equipment & Accessories peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tejas Networks received Rs 69.97 Crore from the Department of Telecommunications under the PLI Scheme for Telecom and Networking Products. The amount represents the balance 15 percent of the eligible incentive for FY 2024-25, adding to the company's cash position.

Likely market impact

Positive cash inflow from government PLI scheme. Not a new order, but supports working capital and earnings visibility.