Tejas Networks shares jump up to 9% after bagging large 5G Mimo Radio order

Shares of Tejas Networks Ltd. gained up to 9% in early trade on Thursday, February 26, after the company said it has inked an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios.

Tejas Networks manufactures and supplies a versatile mobility product suite comprising 4G and 5G radio access networks (RAN) offerings. These include high-capacity e2TR and 64TR massive MIMO radios that comply to both 3GPP and O-RAN standards, the company said in an exchange filing.

The company's chief operating officer (COO) Arnob Roy said the partnership with NEC will accelerate wireless innovation by leveraging their respective expertise in carrier-class product development for global telcos.

"Today's milestone furthers our collaboration with Tejas Networks for 5G massive MIMO radio and to achieve supply chain diversification which helps in mitigating risks to our customers by building a resilient, flexible globalised ecosystem," Masayuki Kayahara, the corporate senior vice-president of global network division at NEC Corporation, said.

Shares of Tejas Networks are trading with gains 8.1% on Thursday at ₹343.45. The stock was the worst performing stock on the Smallcap index in 2025, with a decline of over 60%. The stock has extended those losses during the first two months of the year as well, having declined another 25%.

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