Tejas Networks shares surged 20% to Rs 1,427.55 on Monday after the company reported a return to profitability in Q2 FY25. The profit after tax (PAT) reached Rs 275 crore, compared to a net loss of Rs 13 crore last year. Consolidated revenue soared six-fold to Rs 2,811 crore, up from Rs 396 crore in the same quarter last year.
Sebi approves 3 IPOs of Cosmic PV, Monomark, RKB Global along with NSE
SEBI has approved IPOs for Cosmic PV Power, Monomark Engineering, and RKB Global, alongside the National Stock Exchange’s major public offer. These approvals highlight a