Zen Technologies rises on winning order from Ministry of Defence
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Zen Technologies is currently trading at Rs. 833.00, up by 14.85 points or 1.82% from its previous closing of Rs. 818.15 on the BSE.
The scrip opened at Rs. 835.00 and has touched a high and low of Rs. 840.00 and Rs. 832.55 respectively. So far 3351 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 912.55 on 17-Aug-2023 and a 52 week low of Rs. 175.50 on 23-Dec-2022.
Last one week high and low of the scrip stood at Rs. 852.00 and Rs. 797.00 respectively. The current market cap of the company is Rs. 6876.08 crore.
The promoters holding in the company stood at 57.45%, while Institutions and Non-Institutions held 3.68% and 38.87% respectively.
Zen Technologies has won order from the Ministry of Defence, Government of India valued at Rs 123.3 crore (inclusive of 18% GST). As of June 30, 2023, the company’s order book amounted to Rs 542 crore. During the current quarter (Q2FY24), the company has successfully secured new orders worth Rs 733 crore, raising its total order book to Rs 1,275 crore (excluding tax).
Zen Technologies is a pioneer in the design, development and manufacture of world class, state-of-the-art training simulators.
