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Tejas Networks: Strong growth prospects, premium valuations

Prices could have been more attractive, due to weak financials

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Tejas Networks

Ram Prasad Sahu  |  Mumbai 



Tejas Networks, India’s second-largest telecom networking product maker, will be banking on the robust growth prospects of the $600-million Indian optical networking sector to power its revenues. The Indian market, which contributes 63 per cent of its revenues, is expected to grow at an annual rate of 14 per cent to hit $869 million by 2020.

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First Published: Wed, June 14 2017. 00:41 IST

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