Tejas Networks has witnessed a massive surge in market activity, with shares jumping as much as 14.3% in a single session on February 27, 2026. This rally extends a multi-day winning streak that has seen the stock gain approximately 26% in just 48 hours. The primary catalyst for this vertical move is a landmark agreement with Japan’s NEC Corporation. Under this partnership, Tejas will manufacture and supply advanced 5G Massive MIMO radios for global markets. These radios, including high-capacity 32TR and 64TR models, are designed to enhance network capacity and spectral efficiency using targeted beamforming technology. Market data as of today shows the stock hitting an intraday high of ₹429.45, significantly outperforming the broader Nifty and Sensex indices, which faced volatility. Trading volumes have reached a staggering 2.24 crore shares, nearly 13 times the 30-day average. This surge indicates strong institutional interest following a period of long-term pressure where the stock had declined nearly 43% over the past year. Financially, the company is at a critical pivot point. While it reported a consolidated loss of ₹196.55 crore for the most recent quarter ending December 2025, the order book remains resilient. Tejas recently received ₹69.97 crore from the Indian government under the Production Linked Incentive (PLI) scheme, providing a strategic capital injection to support its manufacturing scale-up. This deal with NEC Corporation is a major milestone for the Tata Group-backed company as it transitions from a domestic supplier to a global contender in the 5G ecosystem. By aligning with Japanese technology standards, Tejas is positioning itself as a key alternative in the global telecom supply chain, which is currently seeking greater diversification. Looking ahead, market participants are focused on the company’s ability to convert its high inventory levels, valued at over ₹2,300 crore, into finished 5G products. Analysts have noted that while fundamental challenges remain, the technical momentum and the new international pipeline have shifted the short-term outlook to a bullish trajectory. The broader Indian telecom sector is also entering a value-creation phase in 2026, moving away from rapid rollouts toward monetization. With nationwide 5G coverage largely established, the demand for indigenous hardware and 5G-Advanced solutions is expected to drive steady order inflows for domestic manufacturers like Tejas Networks.