Tejas Networks (TNL) got listed on the stock markets on Tuesday. At the NSE, stock opened at Rs 257 a share as against issue price of Rs 257 a share.
Currently, shares are trading at Rs 266.55, up 3.72% from its issue price. It recorded a high of Rs 271.40 and a low of Rs 257 at the NSE (11:45 am).
Tejas Networks (TNL) is an optical and data networking products company. It designs, develops and sells products to telecommunications & internet service providers, utility companies, defense companies and government entities in India and over 60 countries. TNL derives 63% of its revenues from domestic markets, while rest comes from international markets.