Speaking on the triggers that may fuel this Vijay Kedia portfolio stock; Avinash Gorakshkar, Head of Research at Profitmart Securities said, "Tejas is a major player in telecom hardware manufacturing space, whose order book is expected to shoot up once the 5G is rolled out in India. Since, tendering process for 5G roll out has already begun, Tejas is expected to start reaping benefits of this development. Apart from this, Tata group has announced to invest in this company by acquiring 43.30 per cent stake of Tejas Network. This is going to work as huge image building of the company and hence one can expect sharp rise in this telecom hardware manufacturer counter in long-term."
Sharing major levels in regard to this Vijay Kedia stock; Rohit Singre, Senior Technical Analyst at LKP Securities said, "Tejas Networks shares have immediate support at 340 per stock levels while it has strong support at 300 levels. If someone is holding this counter, then he or she is advised to maintain stop loss at 340 for the immediate target of 400 to 440 per stock mark."
On his suggestion to investors who want to buy this Vijay Kedia share; Rohit Singre of LKP Securities said, "The counter has already skyrocketed near 70 per cent in one month. So, buying at this level is not advisable. One should wait for deep correction as this Vijay Kedia stock has a tendency of hitting circuits (both lower and upper)."
Vijay Kedia share holding in Tejas Networks
According to Tejas Networks shareholding...
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