Tejas Networks, a Tata Group company, saw its shares surge nearly 32% in just 4 days. The stock hit a 20% upper circuit during Thursday's session before closing 14.90% higher at 532.20. The rally was triggered by news that the company's Direct-to-Mobile (D2M) broadcasting equipment successfully cleared multi-ministry field trials and received regulatory validation. The stock has delivered 27% returns in the last month, outperforming the flat broader market.
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