Tejas Networks (TNL), which got listed on the bourses today, settled at a premium of 2.53% over its issue price.  At the NSE, stock closed at Rs 263.50 a share as against issue price of Rs 257 a share.

Shares witnessed a high of Rs 271.40 and a low of Rs 257 after opening at Rs 257. 

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.