ZEN Technologies Bags Rs 152 Cr Order From Defence Ministry

Leading aerospace and defence company ZEN Technologies share price settled 1.57% higher on Bombay Stock Exchange (BSE) to Rs 1466.15 per share. ZEN Technologies shares gained 20.90% in last 2-weeks when Sensex soared 5.12% and BSE Industrials index zoomed 8.89%. The defence company informed today about receiving Rs 152 crore order from Defence Ministry. The company’s market capitalisation stood at Rs 13,237.92 crore. Its return on equity stood at 13.49%. The stock delivered multibagger returns of 389.3% in last 2-years. Meanwhile, the company witnessed surge in its FII/FPI holding from 5.72% to 8.29% for December 2024 quarter.

Zen Technologies Bags Order From Defence Ministry

According to the exchange filing of the company dated March 27, 2025, Zen Technologies Limited has been awarded an order valued at approximately INR 152 crore (inclusive of taxes) by the Ministry of Defence, Government of India. The order is for the supply of Zen’s state-of-the-art Integrated Air Defence Combat Simulator (IADCS) for the L70 Gun, further reinforcing the country’s pursuit of technological self-reliance in the defence sector.

“This order is a testament to our unwavering belief in innovation and our ability to build world-class indigenous solutions for the defence forces,” said Mr. Arjun Dutt Atluri, Vice President, Zen Technologies. “We invested in the research and development of this simulator independently, convinced of its transformative potential. With its successful induction, we foresee significant interest not only from within India but also from friendly foreign nations operating legacy air defence platforms like the L70 gun,” added Arjun Dutt.

Zen Technologies Shares Performance

The 52-week high price of Zen Technologies shares on BSE is Rs 2627.95 per share (as on 24/12/2024) and 52-week low price is Rs 882.05 per share (as on 27/03/2024), respectively. Zen Technologies shares slipped 40.79% year-to-date (YTD), fell 13.95% in last 6-months, and rose 56.48% in last 1-year.

In last 3-years, Zen Technologies share price surged 619.58% and offered returns of 5,695.06% in last 5-years.

Zen Technologies Dividend History

Zen Technologies recommended 19 dividends since 2006. In last 1-year, the company announced an equity dividend of Re 1.00 per share.

About

Zen Technologies Limited is a pioneer and leader in providing world class state-of-the art Defence Training and Anti-Drone solutions and has a proven track record in building training systems for imparting defence training and measuring combat readiness of security forces.

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