Telecom Minister says that now BSNL 4G work is launched only in 4 districts…it will be launched PAN India from Diwali…i.e 14th November onwards
So there wont be much impact of BSNL 4G order in Tejas Networks Q2 result…therefore, brace for lacklustre Q2 results…not so impressive numbers…and in case of very bad result…the price may go down to 780 once again
But long term prospects are very good. Implicit in the ministers speech is that there will be big export opportunities for Tejas in setting up 4g and 5g networks in other countries. The earstwhile Non Aligned countries would be a good market for Tejas 4G network.
Also the best performance of Tejas maybe from March 2024 onwards.
2021…2022…2023…thats like 3 years of consolidation…3 years of sideways price movement…for investors the reward will be backloaded…only in 2024 and 2025 when 1 lakh BSNL 4G towers are set up.
Till then shift your money elsewhere or sleep over your Tejas holdings till March 2025 and open your eyes to see Tejas @3000+
https://x.com/aigetoachq/status/1709504247489003699?t=dXyBxZaziuBkN359k0d4Xw&s=08
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