3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-07-11), Tejas Networks's 3-1 Month Momentum % is 24.21%.
The industry rank for Tejas Networks's 3-1 Month Momentum % or its related term are showing as below:
NSE:TEJASNET's 3-1 Month Momentum % is ranked better than 71.03% of 2482
companies
in the Hardware industry
Industry Median: 5.515
vs NSE:TEJASNET: 24.21
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Tejas Networks 3-1 Month Momentum % Related Terms
NSE:TEJASNET vs CSCO, CIEN, MSI: 3-1 Month Momentum % Comparison
For the Communication Equipment subindustry, Tejas Networks's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tejas Networks 3-1 Month Momentum % vs Hardware Industry
For the Hardware industry and Technology sector, Tejas Networks's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Tejas Networks's 3-1 Month Momentum % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tejas Networks (NSE:TEJASNET) has a 3-1 Month Momentum % of 24.21% as of Jul. 11, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Tejas Networks and its competitors. According to the industry distribution chart, Tejas Networks ranks #719 out of 2482 companies in the Hardware industry, placing it in the top 29%.
Is Tejas Networks' 3-1 Month Momentum % too high?
Tejas Networks' current 3-1 Month Momentum % is 24.21%. The Hardware industry median 3-1 Month Momentum % is 5.52. Tejas Networks' value of 24.21% is 339% above this industry median. Based on the distribution chart, Tejas Networks ranks #719 out of 2482 companies in the Hardware industry, which is above the industry midpoint. Overall, Tejas Networks has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tejas Networks' 3-1 Month Momentum % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Tejas Networks ranks #719 out of 2482 companies for 3-1 Month Momentum %. This puts Tejas Networks in the upper half of its industry. The industry median 3-1 Month Momentum % is 5.52. Tejas Networks' value of 24.21% is 339% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Hardware company?
The median 3-1 Month Momentum % among Hardware companies is 5.52, based on 2,482 companies in the industry. Companies in the top quartile (top 25%) have a 3-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tejas Networks's current 3-1 Month Momentum % of 24.21% is 339% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Tejas Networks and its competitors. For the Hardware industry, the median 3-1 Month Momentum % is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tejas Networks's current 3-1 Month Momentum % is 24.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tejas Networks stock overvalued right now?
Based on GuruFocus' analysis, Tejas Networks (NSE:TEJASNET) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹357.67, compared to a current price of ₹564.65 — trading 57.9% above its estimated fair value. The current 3-1 Month Momentum % is 24.21% and 339% above the Hardware industry median of 5.52. Tejas Networks' overall GF Score™ is 63/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Tejas Networks (NSE:TEJASNET), the current 3-1 Month Momentum % is 24.21% as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tejas Networks (NSE:TEJASNET) Overvalued in 2026?
Based on GuruFocus' analysis, Tejas Networks stock appears to be overvalued.
The current stock price of ₹564.65 is trading 57.9% above its estimated GF Value™ of ₹357.67.
GuruFocus considers Tejas Networks to be Significantly Overvalued.
Key valuation signals for NSE:TEJASNET:
3-1 Month Momentum %: 24.21%
GF Value™: ₹357.67 vs. price of ₹564.65 (57.9% above fair value)
Industry Position: 339% above the Hardware median (#719 of 2482)
No single metric tells the full story. See the NSE:TEJASNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tejas Networks Ltd is an optical and data networking products company. The company designs, develops, and manufactures high-performance products for building high-speed communication networks that carry voice, data, and video traffic from fixed-line, mobile, and broadband networks. It serves telecommunications service providers, internet service providers, utilities, defense, and government entities. It derives a majority of its revenue from India and the rest from International markets.
63GF Score
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