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Tejas Networks secures major telecom contract, Emcure Pharma upgraded

Tejas Networks secured a major contract for 4G RAN solutions, boosting its international presence. Emcure Pharma's stock rose following analyst upgrades, indicating a positive outlook for the Indian pharmaceutical sector.

after close1 source ↓written by the desknot a recommendation

supported by government
5G infrastructure investment

Tejas Networks Ltd. has secured a major purchase order for 4G Radio Access Network solutions, enhancing its international wireless presence. This aligns with India's push for 5G infrastructure investment supported by government initiatives.

Emcure Pharmaceuticals Ltd. gained traction following analyst upgrades, reflecting a positive outlook for the Indian pharma sector. Zydus Wellness also surged on favorable market sentiment.

Immediate market implications include potential stock price increases for these companies as they capitalize on sector growth.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 16 Mar 2026, 16:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

TEJASNET closed −0.6% on the day of the news, from ₹446.85 to ₹444.40; Nifty +0.7% over the same session.

Bulletin at 16:06 IST on 16 Mar 2026. Every change is measured from ₹446.85, the last close before it, on 16 Mar. Nifty 50 is measured over the same sessions.

  • TEJASNET close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
TEJASNET closes around the bulletin against the close before the news, with Nifty 50 rebased to it374.64446.85519.06axis spans 39%before the news · 16 Mar446.85Nifty 50TEJASNETbulletinD0+1+3+510 Mar20 Mar2 AprReference close ₹446.85. 16 sessions from 10 Mar to 2 Apr; the price axis spans 39 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before16 Mar₹446.85basebase
On the day17 Mar₹444.40▼ −0.6%▲ +0.7%−1.3 pp difference
+1 session18 Mar₹450.00▲ +0.7%▲ +1.6%−0.9 pp difference
+3 sessions20 Mar₹435.95▼ −2.4%▼ −1.3%−1.2 pp difference
+5 sessions24 Mar₹420.75▼ −5.8%▼ −2.1%−3.7 pp difference
Gap at the open, % · ₹
▲ +1.9%+8.67 on 17 Mar
Day's range, % · ₹
6.7%≈ 30 high to low
Volume on the day
0.26×the 20-session average
Futures OI on the day
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Futures OI open, lots
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Futures premium, ₹
—
Puts per call, by OI
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Max pain
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Source NSE UDiFF bhavcopy · TEJASNET on the desk →

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