Zen Technologies gains on securing order worth Rs 93 crore from Ministry of Defence
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Zen Technologies is currently trading at Rs. 807.55, up by 1.05 points or 0.13% from its previous closing of Rs. 806.50 on the BSE.
The scrip opened at Rs. 819.95 and has touched a high and low of Rs. 819.95 and Rs. 802.30 respectively. So far 37110 shares were traded on the counter.
The BSE group 'A' 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. 230.45 on 24-Feb-2023.
Last one week high and low of the scrip stood at Rs. 842.00 and Rs. 795.10 respectively. The current market cap of the company is Rs. 6781.95 crore.
The promoters holding in the company stood at 55.07%, while Institutions and Non-Institutions held 7.74% and 37.19% respectively.
Zen Technologies has secured an order of around Rs 93 crore (inclusive of 18% GST) from Ministry of Defence, Government of India. The order is for supply of Tactical Training Simulators. The order is to be executed within 6 months.
Earlier, the company had signed memorandum of understanding (MoU) with Government of Goa for setting up a new state-of-the-art Research and Development (R&D) and manufacturing facility in Goa, India.
Zen Technologies is a pioneer in the design, development and manufacture of world class, state-of-the-art training simulators.
