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After signing a contract with Japan's NEC to manufacture and supply 5G massive MIMO wireless equipment, Tejas Networks' stock soared nearly 16%. An NEC senior vice president stated that the agreement deepens the cooperation between the two parties and helps diversify the supply chain. This Indian telecommunications equipment manufacturer is a subsidiary of the Tata Group, and its revenue for the third quarter of fiscal year 2026 increased by 17% quarter-over-quarter, mainly driven by sales of fixed network products. The latest trading price of the stock is 422.60 INR, up 13.89%.