Mumbai, March 21 -- This sharp rise follows the company's recent announcement of receiving Rs 123.45 crore under the Production Linked Incentive (PLI) Scheme.

The company announced on 13 March 2025, that it had received the incentive from the Ministry of Communications, Department of Telecommunications, New Delhi, for the financial year 2023-24.

This payment is part of the PLI scheme designed to boost domestic manufacturing of telecom and networking products.

The positive news has fueled a strong rally for Tejas Networks, with the stock climbing 23% in four consecutive sessions, recovering from a recent low of Rs 649.70 on 17 March 2025.

However, despite this recent uptrend, Tejas Networks' stock is still remains down approximately 33...