Synopsis: Shares of Tejas Networks Limited, a Tata Group company, jumped as much as 9% to an intraday high of ₹528.95 on Wednesday, March 4, 2026. The rally comes as the networking major unveiled its next-generation Data Center Interconnect (DCI) platform at the Mobile World Congress, aimed at capturing the global surge in AI-driven data traffic.
Tejas Networks Price Rally Explained: 9% Jump Today on AI and 5G Deal
While most of the Indian market bled today – with the Sensex plunging 1,500 points – Tejas Networks emerged as a standout performer.
This move extends a spectacular rally that has seen the stock gain over 55% in just four trading sessions, fueled by a combination of high-tech product launches and strategic international partnerships.
The Catalyst: TJ1600-D3 Launch
The primary driver for today’s jump was the unveiling of the TJ1600-D3 platform. Designed to meet the “terabit-scale” demands of modern data centers, the product addresses the backbone requirements of AI and cloud expansion.
- Technical Edge: The platform supports line rates from 400G to 1.2T per wavelength, scaling up to a massive 51.2 Tbps capacity.
- Global Ambition: Unveiled by Union Minister Jyotiraditya Scindia, the product signals Tejas’ intent to move beyond the Indian market and compete with global giants in the optical transport space.
The 5G Factor: NEC Partnership and BSNL Orders
Tejas’ recent vertical move is also underpinned by its deepening footprint in the 5G ecosystem:
- NEC Deal: Last week, the company signed a deal with NEC Corporation to manufacture 5G Massive MIMO radios, opening doors to international markets.
- The BSNL Backbone: Alongside TCS, Tejas is the primary vendor for BSNL’s massive 4G/5G rollout. Analysts estimate that 5G equipment will account for nearly 20% of the ₹15,000 crore capital expenditure in this segment.
Also Read: Dalal Street Sees Sharp Selloff: The Reasons Behind Today’s Sensex and Nifty Fall
Technical Breakdown: Breaking Resistance
The stock has shown a powerful “V-shaped” recovery from its January lows of ₹294.
- Key Moving Averages: Today’s move saw the stock reclaim its 50-day SMA (₹375) and 100-day SMA (₹448) with a 6.2x surge in trading volume.
- Next Resistance: Technical analysts are now watching the ₹547 level (200-day SMA). A decisive close above this could clear the path toward the ₹600 mark.
Broader Tata Group Performance (March 4, 2026)
While Tejas surged, other Tata heavyweights faced the brunt of the “Black Wednesday” market crash:
| Tata Stock | Price (at Noon) | Change (%) | Reason |
| Tejas Networks | ₹528.95 | +8.7% | New DCI product & 5G momentum |
| Tata Steel | ₹197.44 | -6.4% | Global metal sell-off & high crude |
| Tata Motors | ₹478.65 | -3.8% | Geopolitical tension & oil spike |
| TCS | ₹2,612.00 | -1.5% | Tracking Nasdaq & global IT weakness |
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