Shares of Zen Technologies Ltd. gained on Tuesday after winning an defence order.
The provider of military training and counter-drone solutions announced an order win from the Ministry of Defence, Government of India, valued at Rs 123.3 crore (inclusive of 18% GST), according to an exchange filing.
During the current quarter, the company secured new orders worth Rs 733 crore, raising its total order book to Rs 1,275 crore (excluding tax), the company said.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
Shares of the company were trading 0.87% higher at Rs 825.30 apiece as of 10:26 a.m., compared to a 0.22% advance in the NSE Nifty 50. The stock rose as much as 3.23%.
It has risen 349.39% on a year-to-date basis. The relative strength index was 63.29.
The one analyst tracking the company has a "buy" rating on the stock, according to Bloomberg data. The average of 12-month price targets given by analysts implies a potential downside of 41.4%.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
