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Tejas Networks jumps 13% on ₹1,537-crore TCS order for BSNL 4G
Tejas Networks shares surged 13% after Tata Consultancy Services issued a letter of intent worth ₹1,537 crore for the BSNL 4G rollout, marking a significant order win for the telecom equipment maker. The rally was part of a broader Tata group stock movement, with Tata Teleservices also gaining while BBTC slumped after a previous day's surge. Multiple reports confirm the order's value and its potential to boost Tejas Networks' revenue pipeline.
Bombay Burmah Trading surges 14% as SC recalls Rs 4,655 crore lease order
Shares of Bombay Burmah Trading Corporation jumped as much as 14-15% after the Supreme Court recalled its earlier observation that had flagged a Rs 4,655 crore lease liability against the company. The stock led gainers in the 'A' group with heavy volumes, as investors cheered the removal of the overhang. The company's legal position has strengthened, but the underlying lease dispute may still see further proceedings.
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