Buy Zen Technologies Ltd For Target Rs. 1,600 by Motilal Oswal Financial Services Ltd

* We expect a sharp YoY improvement of 95% in revenue as some shipments that were delayed in last quarter, would come through in 4QFY25. Order inflows so far for 4QFY25 remain weak.
* Key monitorables include order inflow momentum for both training simulators and anti-drones in domestic and export markets, execution of equipment orders, as well as working capital days.
* We expect EBITDA/PAT to surge 113%/141% YoY and margin to jump 320bp YoY.
* We would monitor the progress after the latest acquisitions made by the company.
For More Research Reports : Click Here
For More Motilal Oswal Securities Ltd Disclaimer
http://www.motilaloswal.com/MOSLdisclaimer/disclaimer.html
SEBI Registration number is INH000000412









