Tata Stock Plummets 11% After Weak Results, FIIs Exit, Retail Investors Trapped

• Tejas Networks shares crashed 11% to below ₹370 after weak quarterly results and delays in a large BSNL order.
• The stock has plummeted 65% in the last year and 31% over three years, indicating prolonged uncertainty.
• Foreign Institutional Investors (FIIs) significantly reduced their stake from 9.58% to 6.24%, while retail investors increased theirs from 19.97% to 27.04%.
• The company reported a consolidated net loss of ₹196.55 crore, a sharp decline from a profit of ₹165.67 crore last year, with revenue falling 88.9%.
• A ₹1,526 crore BSNL 4G network order for 18,000 sites was delayed, severely impacting the company's revenue for the quarter.

Why It Matters: Tejas Networks faces significant challenges with weak financials, delayed orders, and FII selling.