Markets are closed for weekend.
 Alexander's Stock Idea
Alexander is Bullish on Tejas Networks Ltd.
Idea Submitted on 07Sep,2019
  • 1 Total Ideas
  • 0 Active Ideas
  • 1 Closed Ideas
  • 0 Friends
  • 0 Followers
  • Avg. Returns
     -37.66%
    Success Rate
      0%
     Hi, GuestPlease Login to View Clearly
      Buy Tejas Networks Idea
    Connect with top Investors, Financial Advisors and Stock Analysts
    Stockadda helps you make smarter and well informed investment decisions.
      Idea Status :  Closed
    Stop Loss Triggered
    Idea Closed at 50 (28Feb,20 10:11:am)
     Time Frame
    3year
     Start Price
    80.2
     Target Price
    160
     Stop Loss
    50
     Projected Gain
    79.8 (99.5% Upside)
     Returns Achieved
    -30.2     -37.66%
     Analysis
    I am invested when the price was at 150. Rationale - Positives-  1) Strong management & board  2) Company has extremely good customer retention rate 3) Benefits from make in India initiatives of govt like Bharat net 4) Consistently profitable & no debt 5) Software defined hardware strategy is excellent for a niche player as risks are low.. (Telecom standards keep evolving so there is a continuous business) 6) Valuation is unbelievably attractive now (PB is ~0.6.. Market cap is 730 Cr when they have ~300 Cr in Cash and receivables are 680 Cr and no debt) Negatives 1) International expansion plans might not work out 2) BSNL might not pay them the 250 Cr it owes them 3) Tejas misses the 5G bus for some reason (!) 4) Government stops investing a lot or changes Make in India 5) Indian private telecom players investment dries up  
     Stock Price Movement (EOD Basis)
     C.M.P Tejas Networks
    48.5
    Sentimeter
    Buy Calls: 5 Sell Calls: 1
    0
    0
    Members Liking This Stock Idea (0)
    No Likes Yet
    Members Disiking This Stock Idea (0)
    No Dislikes Yet

    Disclaimer: The views and stock ideas expressed by members on stockadda.com are their own, and not that of the website or its management.
    The views and stock ideas are for informational purposes only and should not be construed to be recommendations to buy or sell any securities.
    Stockadda.com advises members to check & consult with certified experts before taking any investment decisions.

    Popular Investing Books

    Janet Lowe
    Lawrence A. Cunningham
    Robert T. Kiyosaki
    Ray Dalio
    Napoleon Hill
    Pranab Uniyal

    Most Popular Authors

     661 Investors Online.

    Share This Idea

    
    Be a Smart & Well Informed Investor!
    Join Today its Free.
    Register or Login with just one Click using your Social Account