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BSE:540595 1 December 2025

Tejas Networks Share Price Today: Stock Rebounds on ₹84.95‑Crore PLI Payout After Brutal Q2 Loss

Tejas Networks Share Price Today: Stock Rebounds on ₹84.95‑Crore PLI Payout After Brutal Q2 Loss

Tejas Networks shares rose 3–4% to around ₹512 in midday trade on December 1 after the company disclosed receipt of ₹84.95 crore from the Ministry of Communications under the PLI scheme. Trading volume surged past 4 million shares, far above average. The stock remains down over 60% from last year’s highs, despite today’s rebound. Intraday, shares moved between ₹504 and ₹523 on the NSE.

Stock Market Today

  • Dow, Nasdaq Near Correction Amid Fourth Weekly Loss; Iran War Pressures Markets
    March 20, 2026, 11:20 AM EDT. The Dow Jones Industrial Average and Nasdaq are closing out a fourth consecutive losing week, edging closer to correction territory-defined as a 10% drop from recent highs. The Dow fell 128 points (0.3%) while the Nasdaq declined 0.8% on Friday amid ongoing uncertainty from the Iran war, which has unsettled global markets. The Dow is down 8.6% from its February peak; the Nasdaq has lost 8.7%. Key tech stocks including CrowdStrike, Shopify, and Meta led the Nasdaq's declines. Historically, only six of 27 corrections since 1974 have turned into bear markets (20% losses). Market analysts note geopolitical shocks, like the Iran war, typically prompt short-term dips followed by rapid recoveries. Rising oil prices driven by tensions in the Middle East add to inflation concerns and economic uncertainty.
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