Tejas Networks Faces Significant Stock Decline Amid Broader IT Sector Challenges in February 2025

Feb 14 2025 02:01 PM IST
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Tejas Networks has faced a notable decline in stock performance, dropping significantly today and underperforming its sector. The stock is trading below key moving averages and has experienced a substantial decrease over the past month, highlighting challenges amid broader market volatility and sector pressures.
Tejas Networks, a midcap player in the IT - Hardware sector, has experienced a significant decline in its stock performance today, with a drop of 5.36% as of February 14, 2025. The stock underperformed the sector, which itself fell by 3.12%, indicating broader challenges within the industry.

During the trading session, Tejas Networks reached an intraday low of Rs 785, reflecting a decrease of 5.24%. The company's stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a sustained downward trend.

Over the past month, Tejas Networks has seen a substantial decline of 25.72%, contrasting sharply with the Sensex, which has only decreased by 1.31% during the same period. This performance highlights the challenges faced by Tejas Networks in the current market environment, as it navigates through a period of notable volatility and sector-wide pressures.
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