Bengaluru, Feb. 19 -- A small-cap stock in the telecom sector, engaged in manufacturing and supplying networking and broadband equipment, moved higher after receiving about Rs 70 crore under the PLI scheme. The incentive payout strengthens liquidity, supports expansion initiatives, and improves financial flexibility, while investors track order inflows, revenue trends, and overall operational performance. With a market cap of almost Rs 6,000 Cr, Tejas Networks Ltd saw its stock hit an intraday high of Rs 343 which is 2 percent higher than the previous close of Rs 336.

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Tejas Networks Limited informed the stock exchanges that it has received approximately Rs 70 crore from the Ministry of Communications under the Productio...