This share of Tata Group is running like a rocket, today there was a jump of 10 percent, investors became rich – tejas networks and century textiles share price hike why
Because of this, there is a boom in the shares of Century Textile.
There is a big reason behind the rise in shares of Tejas Networks, a subsidiary of Tata Group’s telecom sector. In fact, after being out of the telecom sector, Tata is making a big preparation. Group chairman N Chandrasekaran had indicated this in the past. Tata group is focusing more on equipment and software, rather than telecom service. The Tata group is strengthening its telecom equipment and technology offerings under the Tejas network to drive growth in the telecom business. Tata Sons acquired 56 per cent stake in Tejas Networks in the year 2021. Shares of Tejas Networks have gained 67.80 per cent in a year. Today the shares of Tejas Networks opened at a price of 541.05 in the morning. After this, there was a boom in the shares. The shares closed at Rs 595.25, up 11 per cent. Investors are expecting further upside in the shares in the coming times.
Multibagger Stock: Shares of this company made investors millionaires, stock price rose from Rs 4 to Rs 375Why did the shares of Century Textiles rise?
Shares of Century Textile also saw a rise today. Shares of Century Textile opened at Rs 643.60 in the morning. After this, there was a boom in them. The shares also touched a high of Rs 656.65 today. The scrip closed at Rs 647.40 on the green mark with gains. Investors’ buying was seen in the shares since this morning. Century Textile & Industries is a textile and paper manufacturing and exporting company based in Mumbai. The company is primarily involved in the manufacture of cotton textiles, yarn, denim, viscose filament rayon yarn, tyre-cords, caustic soda, sulfuric acid, salt, pulp and paper.
