Zen Technologies gains on securing domestic order of Rs 5.28 crore from J&K Police
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Zen Technologies is currently trading at Rs. 200.45, up by 1.75 points or 0.88% from its previous closing of Rs. 198.70 on the BSE.
The scrip opened at Rs. 200.00 and has touched a high and low of Rs. 200.80 and Rs. 199.05 respectively. So far 6053 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 257.70 on 15-Dec-2021 and a 52 week low of Rs. 65.00 on 18-May-2021.
Last one week high and low of the scrip stood at Rs. 208.90 and Rs. 194.80 respectively. The current market cap of the company is Rs. 1579.86 crore.
The promoters holding in the company stood at 60.19%, while Institutions and Non-Institutions held 0.35% and 39.46% respectively.
Zen Technologies has secured a domestic order worth Rs 5.28 crore from the Jammu and Kashmir Police (J&K Police). Zen Technologies won the bid due to superior product quality and competitive pricing. This is company’s first order for ShootEdge. In line with company’s goal to ensure incremental revenues from new products, this win validates company’s continued focus on R&D. This version of ShootEdge was developed in collaboration with DRDO. In addition to domestic demand, ShootEdge also has a huge export potential. As of date, the company's total order book stands at Rs 432.88 crore.
Zen Technologies is a pioneer in the design, development and manufacture of world class, state-of-the-art training simulators.
