In the last 5 trading days stock gave a good upside movement of 43%. Most analysts are bullish on this stock. because company sales are continually increasing from previous sales was 560 Crores now in March 2024 these increased to 1,327 Crores almost sales are double. So there are highest chance that stocks perform well in the next few quarters.
417% Returns Just in 1 Year from this MultiBegger Stock?
In telecom Equipment and infra service this second largest company in the market after ITI. industries Stay with Later in this article we are going to explain share price targets for 2024, 2025, 2030, 2040, and 2050. These targets are based on stock performance.
Tejas Networks Share Price History
Tejas Network’s past 5 years returns 453%. which is very good.
| Year | Jan | Dec | Change In Price | % Change |
| 2018 | 423.8 | 207.45 | -216.35 | -104.29% |
| 2019 | 206.95 | 95.05 | -111.9 | -117.73% |
| 2020 | 92 | 137.15 | 45.15 | 32.92% |
| 2021 | 138.65 | 418.95 | 280.3 | 66.91% |
| 2022 | 426.95 | 578.35 | 151.4 | 26.18% |
| 2023 | 606.4 | 869.7 | 263.3 | 30.27% |
Tejas Networks Share Price Target 2024
As we discussed earlier recent stock has given good returns to its investors more than 40% just in 5 Days. so it’s good to be stock should sustain at price.
The stock should be consolidated in the Demand and supply zone for good upside momentum. Tejas Networks Share Price Target 2024 minimum is Rs 1300 and maximum is Rs 1500.
Tejas Networks Share Price Target 2028
According to Finoguys team analysis, Tejas Networks Share Price Target 2028 is a minimum is Rs 1800 and a maximum is Rs 1900.
Tejas Networks Share Price Target 2030
Expecting a share price target for 2030 then we need to see the company’s last 5 years’ sales growth and Stock returns. Tejas network’s past 5-year compounded sales growth is 22%. Quater on Quater sales growth is also very good. Tejas Networks Share Price Target 2030 minimum target is expected Rs 2200 and the maximum is Rs 2400.
Tejas Networks Share Price Target 2040
Over the last 5 years, the debt-to-equity ratio has been 1.46%, vs the industry average of 54.25% and the current ratio has been 686.59%, vs the industry average of 121.1%. Tejas Network FY23 to FY24 revenue growth is +153.41%. Tejas Networks Share Price Target 2040 in between Rs 4000 to Rs 4200.
Tejas Networks Share Price Target 2050
The good thing is that FII and DII are increasing their holding in this stock by 0.84% and 0.78%. Public reduction is holding. These are positive for the Tejas network. Tejas Networks Share Price Target 2050 in between Rs 6500 to Rs 7000.
Tejas Networks Share Price Target 2025 money control
These are targets given by Brokerage Firms.
Tejas networks share price target 2025 Motilal Oswal
On Motilal Oswal not any specific target for Tejas Network.
Conclusion
Company revenue and sales growth are good. Foreign institutional and DII increase its holding. These are positive signs to consider for stock.
Is Tejas Network is good buy?
Yes, tejas network is good for long-term stock past 2 years’ returns are 114.25%
Is Tejas Networks a Tata company?
Yes, Tejas Network is a Tata Group company.
what is Tejas Networks Share Price Target 2028?
Tejas Networks Share Price Target 2028 is a minimum is Rs 1800 and a maximum is Rs 1900.
Tejas Networks Share Price Target 2050
These are positive for the Tejas network. Tejas Networks Share Price Target 2050 in between Rs 6500 to Rs 7000.