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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 Ltd bounced back in trade on 1 December 2025 after weeks of relentless selling, as investors reacted to fresh government support under India’s Production Linked Incentive scheme. The Tata‑group telecom equipment maker’s share price traded around ₹510–515 in the afternoon session, up roughly 3–4% versus Friday’s close near ₹494.20. Intraday, the stock has moved in a band of about ₹504–523 on the NSE, with volume far above its recent 20‑day average. Moneycontrol+1

Stock Market Today

  • FTSE 100 slips as homebuilders weigh, oil rises
    June 29, 2026, 1:28 PM EDT. The FTSE 100 ended Monday down 0.2% at 10,484.22 as housebuilders and Babcock International slid after the Bank of England reported weak UK mortgage approvals. Brent crude climbed to $72.85 a barrel after fresh US-Iran tensions. Sterling firmed, with Andy Burnham's leadership pitch stressing fiscal discipline, which seemed to calm worries over UK borrowing. European shares edged a bit lower. In contrast, US stocks rose, the S&P 500 up 0.6%. UK mortgage borrowing for May tumbled to £2.9 billion, the lowest in almost two years. US Treasury yields nudged higher. Markets are watching for progress on the oil ceasefire and for news on cabinet jobs in the UK.
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