Tejas Networks Ltd designs and manufactures wireline and wireless networking products, with a focus on technology, innovation and R&D. The company has been actively expanding its market presence, particularly in the telecom equipment and technology sector. Recently, Tejas Networks has seen a notable increase in its share price, reflecting growing investor confidence in its business prospects.

On March 16, 2026, Tejas Networks’ share price rose up to 8% intraday, marking a significant milestone for the company. At 10:11 AM, the stock was trading around ₹441.8, which represented an approximate 4% increase for the session. This upward trend in share price is attributed to a newly secured order for 4G radio access network solutions from a telecom operator in South Asia.

The project involves deploying multiband radio products across multiple network locations, which is expected to enhance the operational capabilities of the telecom operator. This contract is a testament to Tejas Networks’ growing reputation as a reliable provider of advanced telecommunications solutions.

Prior to this announcement, Tejas Networks had already gained nearly 40% in share price over the two weeks leading up to March 16, 2026. The stock opened at ₹441.65 on the same day, reflecting an increase of ₹17.20 from the previous close. By the end of the trading session, the stock was last traded at ₹455.00, up ₹30.55 or 7.20% from the previous close.

Sanjay Malik, the Chief Strategy and Business Officer at Tejas Networks, expressed pride in the company’s progress, stating, “We are proud to announce further progress in our pursuit to expand our international wireless business and in taking our 4G/5G mobility stack global.” This statement underscores the company’s commitment to enhancing its global footprint in the telecommunications sector.

Kumar N. Sivarajan, the Chief Technology Officer of Tejas Networks, added, “By inducting Tejas as their new wireless OEM, our South Asian customer now has a trusted and proven technology partner capable of addressing diverse network requirements while benefiting from greater vendor diversity.” This partnership with a South Asian telecom operator is expected to bolster Tejas Networks’ position in the competitive telecom market.

As Tejas Networks continues to innovate and expand its offerings, industry observers are keenly watching its performance in the stock market. The recent developments suggest a positive trajectory for the company, with expectations of further growth in the coming months. Investors remain optimistic about the potential for Tejas Networks to capitalize on the increasing demand for advanced telecommunications solutions.

Details remain unconfirmed regarding the long-term implications of this contract on Tejas Networks’ overall business strategy. However, the immediate response from the market indicates strong investor confidence in the company’s future prospects.

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On March 16, 2026, the trading session for ITI Ltd in Mumbai began with notable activity as investors anticipated a shift in the company’s share price. The stock opened at ₹243.05, reflecting a modest position compared to its previous close. However, as the day progressed, it became evident that investor sentiment was shifting positively towards the company.

By mid-morning, ITI Ltd’s shares began to gain momentum, reaching a high of ₹289.80 during the session. This surge was driven by increased trading volume, with around 870.88 lakh shares changing hands, translating to a substantial traded value of approximately ₹2,359.90 crore. The stock ultimately closed at ₹287.60, marking an increase of ₹45.30 or 18.70% from the previous close of ₹242.30.

The significant rise in ITI Ltd’s share price on this day is noteworthy, especially considering the company’s recent performance. Over the past week, the stock delivered an absolute return of about 14.67%, indicating a positive trend in investor confidence. The company currently commands a market capitalisation of around ₹27,635 crore, reflecting its standing in the market.

Historically, ITI Ltd has seen fluctuations in its share price, with a 52-week high of ₹372.85 recorded on October 08, 2025, and a 52-week low of ₹234.04 noted on April 07, 2025. This volatility highlights the dynamic nature of the telecom equipment and network infrastructure sector in which ITI operates.

The current surge in share price is significant for various stakeholders, including investors and market analysts, as it suggests a potential recovery or growth phase for ITI Ltd. The company’s performance on March 16, 2026, could be indicative of broader trends within the telecom sector, especially as it continues to adapt to changing market conditions.

As the trading day concluded, the focus remained on ITI Ltd’s ability to maintain this upward trajectory. Investors and analysts alike will be closely monitoring future developments to gauge whether this surge is sustainable or a temporary spike influenced by market sentiment.

Overall, the events of March 16, 2026, underscore the importance of market dynamics and investor behavior in determining stock performance. The rise in ITI Ltd’s share price not only reflects the company’s current standing but also sets the stage for future trading sessions.

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Vodafone Idea’s share price rose as much as 5.1% intraday, reflecting a growing interest in the company as it explores potential investments. The stock was trading around ₹9.46, marking a gain of about 2.05% in morning trade.

Over the past year, Vodafone Idea’s stock has gained approximately 36.2%, indicating a positive trend amidst ongoing financial restructuring. The government currently holds nearly 49% of the company’s stake, while the Aditya Birla Group and Vodafone Group Plc hold 9.5% and 16.07% stakes, respectively.

Vodafone Idea, the third-largest telecom operator in India with about 17% market share, offers 5G services in over 30 cities. The company is actively engaging in discussions with multiple investors to secure a potential stake, aiming to bolster its financial position.

Upcoming meetings with institutional investors are scheduled for March 16-17 in Singapore and Hong Kong, where further discussions are expected to take place. These talks are considered exploratory, and there is no certainty of a transaction at this stage.

Fresh capital is deemed crucial for Vodafone Idea as it seeks to expand its 5G network and address market-share losses. A potential equity infusion of around ₹50,000 crore could significantly impact the company’s financial liabilities, allowing the government to convert roughly ₹48,000 crore of spectrum liabilities into equity without increasing its stake beyond 49%.

Vodafone Idea has received financial relief from the government, which now holds a significant stake in the company. This support has been pivotal as the company navigates its financial challenges and seeks to enhance its market position.

As discussions progress, stakeholders remain hopeful for a strategic investor to bring in fresh capital, which is essential for the company’s growth and sustainability in the competitive telecom market.

Details remain unconfirmed regarding the outcomes of these discussions, but the ongoing interest from investors indicates a potential shift in Vodafone Idea’s financial landscape.

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Vodafone Idea’s share price rose as much as 5.1% intraday, reflecting a growing interest in the company as it explores potential investments. The stock was trading around ₹9.46, marking a gain of about 2.05% in morning trade.

Over the past year, Vodafone Idea’s stock has gained approximately 36.2%, indicating a positive trend amidst ongoing financial restructuring. The government currently holds nearly 49% of the company’s stake, while the Aditya Birla Group and Vodafone Group Plc hold 9.5% and 16.07% stakes, respectively.

Vodafone Idea, the third-largest telecom operator in India with about 17% market share, offers 5G services in over 30 cities. The company is actively engaging in discussions with multiple investors to secure a potential stake, aiming to bolster its financial position.

Upcoming meetings with institutional investors are scheduled for March 16-17 in Singapore and Hong Kong, where further discussions are expected to take place. These talks are considered exploratory, and there is no certainty of a transaction at this stage.

Fresh capital is deemed crucial for Vodafone Idea as it seeks to expand its 5G network and address market-share losses. A potential equity infusion of around ₹50,000 crore could significantly impact the company’s financial liabilities, allowing the government to convert roughly ₹48,000 crore of spectrum liabilities into equity without increasing its stake beyond 49%.

Vodafone Idea has received financial relief from the government, which now holds a significant stake in the company. This support has been pivotal as the company navigates its financial challenges and seeks to enhance its market position.

As discussions progress, stakeholders remain hopeful for a strategic investor to bring in fresh capital, which is essential for the company’s growth and sustainability in the competitive telecom market.

Details remain unconfirmed regarding the outcomes of these discussions, but the ongoing interest from investors indicates a potential shift in Vodafone Idea’s financial landscape.

The post Idea share: Vodafone Price Movement: Insights and Developments appeared first on yesdaidanews.com.

Vodafone Idea’s share price rose as much as 5.1% intraday, reflecting a growing interest in the company as it explores potential investments. The stock was trading around ₹9.46, marking a gain of about 2.05% in morning trade.

Over the past year, Vodafone Idea’s stock has gained approximately 36.2%, indicating a positive trend amidst ongoing financial restructuring. The government currently holds nearly 49% of the company’s stake, while the Aditya Birla Group and Vodafone Group Plc hold 9.5% and 16.07% stakes, respectively.

Vodafone Idea, the third-largest telecom operator in India with about 17% market share, offers 5G services in over 30 cities. The company is actively engaging in discussions with multiple investors to secure a potential stake, aiming to bolster its financial position.

Upcoming meetings with institutional investors are scheduled for March 16-17 in Singapore and Hong Kong, where further discussions are expected to take place. These talks are considered exploratory, and there is no certainty of a transaction at this stage.

Fresh capital is deemed crucial for Vodafone Idea as it seeks to expand its 5G network and address market-share losses. A potential equity infusion of around ₹50,000 crore could significantly impact the company’s financial liabilities, allowing the government to convert roughly ₹48,000 crore of spectrum liabilities into equity without increasing its stake beyond 49%.

Vodafone Idea has received financial relief from the government, which now holds a significant stake in the company. This support has been pivotal as the company navigates its financial challenges and seeks to enhance its market position.

As discussions progress, stakeholders remain hopeful for a strategic investor to bring in fresh capital, which is essential for the company’s growth and sustainability in the competitive telecom market.

Details remain unconfirmed regarding the outcomes of these discussions, but the ongoing interest from investors indicates a potential shift in Vodafone Idea’s financial landscape.

The post Idea share: Vodafone Price Movement: Insights and Developments appeared first on yesdaidanews.com.

Vodafone Idea’s share price rose as much as 5.1% intraday, reflecting a growing interest in the company as it explores potential investments. The stock was trading around ₹9.46, marking a gain of about 2.05% in morning trade.

Over the past year, Vodafone Idea’s stock has gained approximately 36.2%, indicating a positive trend amidst ongoing financial restructuring. The government currently holds nearly 49% of the company’s stake, while the Aditya Birla Group and Vodafone Group Plc hold 9.5% and 16.07% stakes, respectively.

Vodafone Idea, the third-largest telecom operator in India with about 17% market share, offers 5G services in over 30 cities. The company is actively engaging in discussions with multiple investors to secure a potential stake, aiming to bolster its financial position.

Upcoming meetings with institutional investors are scheduled for March 16-17 in Singapore and Hong Kong, where further discussions are expected to take place. These talks are considered exploratory, and there is no certainty of a transaction at this stage.

Fresh capital is deemed crucial for Vodafone Idea as it seeks to expand its 5G network and address market-share losses. A potential equity infusion of around ₹50,000 crore could significantly impact the company’s financial liabilities, allowing the government to convert roughly ₹48,000 crore of spectrum liabilities into equity without increasing its stake beyond 49%.

Vodafone Idea has received financial relief from the government, which now holds a significant stake in the company. This support has been pivotal as the company navigates its financial challenges and seeks to enhance its market position.

As discussions progress, stakeholders remain hopeful for a strategic investor to bring in fresh capital, which is essential for the company’s growth and sustainability in the competitive telecom market.

Details remain unconfirmed regarding the outcomes of these discussions, but the ongoing interest from investors indicates a potential shift in Vodafone Idea’s financial landscape.

The post Idea share: Vodafone Price Movement: Insights and Developments appeared first on yesdaidanews.com.

Tejas Networks Ltd designs and manufactures wireline and wireless networking products, with a focus on technology, innovation and R&D. The company has been making strides in the telecom equipment and technology sector, which has been reflected in its recent stock performance.

On March 16, 2026, Tejas Networks share price rose up to 8% intraday, marking a significant uptick in investor interest. By 10:11 AM, the stock was trading around ₹441.8, up about 4% for the session. This increase follows a period of strong performance, with the share price having gained nearly 40% in the two weeks leading up to this date.

The surge in share price can be attributed to a recent announcement that Tejas Networks secured an order for 4G radio access network solutions from a telecom operator in South Asia. This project involves deploying multiband radio products across multiple network locations, showcasing the company’s capabilities in meeting diverse network requirements.

As the stock opened at ₹441.65 on March 16, 2026, it was already up ₹17.20 from the previous close. By the end of the trading session, the stock was last traded at ₹455.00, reflecting an increase of ₹30.55 or 7.20% from the previous close. This performance highlights the growing confidence in Tejas Networks as a key player in the telecom sector.

Sanjay Malik, the Chief Strategy and Business Officer at Tejas Networks, expressed pride in the company’s progress, stating, “We are proud to announce further progress in our pursuit to expand our international wireless business and in taking our 4G/5G mobility stack global.” This sentiment underscores the company’s commitment to innovation and expansion in the competitive telecom landscape.

Kumar N. Sivarajan, the Chief Technology Officer of Tejas Networks, added, “By inducting Tejas as their new wireless OEM, our South Asian customer now has a trusted and proven technology partner capable of addressing diverse network requirements while benefiting from greater vendor diversity.” This partnership is expected to enhance Tejas Networks’ position in the market and further drive its growth.

As observers look ahead, the continued demand for advanced telecom solutions suggests that Tejas Networks may experience further growth. The company’s strategic partnerships and focus on R&D are likely to play a crucial role in its future performance. Details remain unconfirmed regarding potential new contracts or expansions, but the current trajectory indicates a positive outlook for Tejas Networks in the coming months.

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Axis Bank has announced changes to the Airtel Axis Bank Credit Card, which will significantly alter its cashback mechanics and remove the benefit of airport lounge access. These changes are set to take effect on April 12, 2026.

The Airtel Axis Bank Credit Card previously offered a robust cashback structure, providing 25% cashback on Airtel payments, capped at INR 250 per month. Additionally, users could earn 10% cashback on utility payments made through the Airtel Thanks app, also capped at INR 250 monthly. Cashback on purchases from platforms like Swiggy, Zomato, and BigBasket was another attractive feature, offering 10% cashback on these services.

Under the new structure, the cashback caps will now depend on the total base cashback earned within the same statement cycle, which introduces a level of complexity that may dilute the card’s previous appeal. The changes also include a shift in partner cashback offerings; the previous cashback on Swiggy, Zomato, and BigBasket has been replaced with a 10% value back on Zomato, Blinkit, and District Movies. However, this value back is limited to a maximum of INR 200 per partner per month, with a minimum order value of INR 499 required for Zomato and Blinkit.

Another significant change is the removal of the four complimentary domestic lounge visits that cardholders previously enjoyed each year. This benefit was a key attraction for many users, particularly frequent travelers who valued the convenience of lounge access.

The Airtel Axis Bank Credit Card was previously considered one of the strongest cashback cards in the sub-INR 1,000 annual fee category, making these changes particularly noteworthy. Observers note that the alterations may impact the card’s popularity among users who appreciated its straightforward cashback offerings.

As the April 2026 implementation date approaches, customers and industry analysts alike will be closely monitoring the response to these changes. The effectiveness of the new cashback structure and the removal of lounge access will likely influence customer retention and acquisition for Axis Bank.

Details remain unconfirmed regarding any additional changes that may be introduced alongside these updates, leaving cardholders with questions about the future of their benefits.

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As of March 6, 2026, Tech Mahindra’s price-to-earnings (P/E) ratio stands at 27.06, reflecting its current valuation in the market. The company also reports a price-to-book value (P/BV) ratio of 4.75, indicating the relationship between its market price and book value.

Additional financial metrics include an enterprise value to EBIT (EV/EBIT) ratio of 19.43 and an EV to EBITDA ratio of 15.08. The PEG ratio is noted at 0.94, suggesting a favorable growth outlook relative to its earnings.

Dividend and Returns

Tech Mahindra offers a dividend yield of 3.37%, which is appealing to investors seeking income. The company’s return on capital employed (ROCE) is reported at 26.62%, while the return on equity (ROE) is 16.31%, indicating efficient use of equity capital.

Despite these positive metrics, Tech Mahindra’s current market price is ₹1,333.00, which has seen a decline of 19.02% over the past month. This drop raises questions about market sentiment and investor confidence.

Market Position

Tech Mahindra’s Mojo Score is calculated at 50.0, reflecting a neutral stance in the market. Furthermore, the company holds a market capitalisation grade of 1, denoting its large-cap status among peers.

Amol Phadke, Chief Transformation Officer at Tech Mahindra, highlighted the ongoing reliance on traditional workflows in network operations, stating, “Network operations centers still rely on rule-based, open-loop workflows with significant manual intervention.” This indicates a potential area for innovation and improvement.

In collaboration with NVIDIA, Tech Mahindra aims to enhance its offerings by integrating AI technologies. Chris Penrose, Vice President of Global Business Development at NVIDIA, noted, “By combining NVIDIA’s AI software stack with Tech Mahindra’s deep telecom expertise, this collaboration enables CSPs to deploy reasoning-based AI systems that can act, adapt, and learn within live NOC environments.” This partnership may signal a shift towards more advanced operational capabilities.

Looking Ahead

As the company navigates these financial metrics and market challenges, observers will be keen to see how Tech Mahindra adapts its strategies in the evolving tech landscape. Details remain unconfirmed regarding future initiatives and their potential impact on performance.

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On March 6, 2023, Bharat Sanchar Nigam Limited (BSNL) launched its 5G SIM cards across India, marking a significant milestone in the country’s telecommunications landscape. This rollout comes as part of BSNL’s broader strategy to enhance its services and bridge the digital divide.

Prior to this launch, BSNL’s CMD, Robert Ravi, had confirmed plans for a soft rollout in Delhi, setting the stage for the nationwide introduction of 5G services. The new 5G SIMs are designed to provide seamless upgrades for existing 4G users, ensuring a smooth transition to higher-speed internet.

Key Features of BSNL 5G

BSNL has upgraded over 92,000 towers across the country to be 5G-ready, facilitating extensive coverage. The new SIM cards are priced starting from ₹10 for basic activation, making it accessible for a wide range of users. Furthermore, unlimited 5G data is available on select prepaid plans starting at ₹500.

Early adopters in major cities like Delhi and Mumbai have reported impressive download speeds exceeding 500 Mbps, showcasing the potential of BSNL’s new network. Telecom Minister Jyotiraditya Scindia has encouraged users to replace their older SIMs to fully benefit from the enhanced performance offered by the new technology.

Future Prospects

BSNL aims to achieve full 5G coverage by mid-2026, which is a crucial step in its revival strategy. This initiative not only aims to improve service quality but also seeks to address the digital divide in India by providing high-speed internet access to underserved areas.

This development aligns with BSNL’s revival strategy, blending homegrown technology from C-DOT and Tejas Networks to bridge the digital divide. As BSNL continues to expand its 5G services, the implications for users and the broader telecom market in India are significant.

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