By Vineet Kumar 
Hyderabad-Based IT Firm Tera Software Sees Stock Skyrocket 120% in Two Weeks—Here’s Why
The stock of Hyderabad-headquartered Tera Software Ltd has been on a dream run, shooting up by a staggering 120% in just two weeks. This phenomenal rally is backed by two key developments—a major project win and an impressive return to profitability.
The Big Win: BharatNet Phase-3
Tera Software, in partnership with state-owned ITI, recently emerged as the lowest bidder (L1) for three packages under the BharatNet Phase-3 project. The total value of these packages stands at a whopping ₹3,022 crore, marking a significant milestone for the microcap IT firm.
The BharatNet project, an ambitious government initiative, aims to bridge India’s digital divide by delivering high-speed broadband (100 Mbps) to every Gram Panchayat and village across the country. For context, think about how millions of rural Indians, from schoolchildren to small business owners, will now have access to faster internet for education, commerce, and communication.
Tera Software’s strong track record played a key role in this win. The company has been a consistent player in BharatNet projects since Phase 1 in Andhra Pradesh, Phase 2 in Odisha, and now Phase 3 across Himachal Pradesh, West Bengal, and Andaman & Nicobar Islands.
BSNL, the body overseeing BharatNet, had invited bids for 16 regions, and Tera Software’s ability to secure three packages is a testament to its execution expertise.
A Remarkable Stock Surge
The project announcement has significantly boosted investor sentiment. On November 5, Tera Software’s shares were trading at ₹79.95 on the BSE. Fast forward to November 19, and the stock hit the upper circuit, closing at ₹179.59—a jaw-dropping 124% gain.
Back in the Black: September Quarter Results
The stock surge wasn’t just about the BharatNet project. The company also made a triumphant return to profitability in Q2FY25. It posted a net profit of ₹1.37 crore compared to a loss of ₹49 lakh in the same period last year.
Revenues rose by 18% year-on-year, reaching ₹26 crore in Q2FY25 from ₹22 crore in Q2FY24. These numbers reflect Tera Software’s growing operational efficiency and market presence.
Why It Matters
Tera Software’s success is a win-win for both the company and India’s digital revolution. For instance, a farmer in a remote village will soon be able to access weather forecasts and market prices in real-time, thanks to BharatNet’s high-speed connectivity. Similarly, a rural school can introduce online learning programs, leveling the playing field for students across the country.
For investors, Tera Software’s journey from a microcap stock to a key player in India’s digital infrastructure is a story of resilience and innovation. The company’s promoters, who own 47.53% of the shares, have much to cheer about as Tera Software strengthens its foothold in the IT services space.
This Hyderabad-based underdog has clearly caught the market’s attention, and its recent performance suggests it’s just getting started.