07-06-2024 12:29 PM | Source: Accord Fintech
Zen Technologies shines on delivering Zen ADS HK to Army Air Defence College

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Zen Technologies is currently trading at Rs. 972.20, up by 55.70 points or 6.08% from its previous closing of Rs. 916.50 on the BSE.

The scrip opened at Rs. 953.75 and has touched a high and low of Rs. 996.90 and Rs. 949.10 respectively. So far 24215 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1130.10 on 02-May-2024 and a 52 week low of Rs. 385.00 on 23-Jun-2023.

Last one week high and low of the scrip stood at Rs. 1013.00 and Rs. 893.80 respectively. The current market cap of the company is Rs. 8216.17 crore.

The promoters holding in the company stood at 55.07%, while Institutions and Non-Institutions held 7.16% and 37.77% respectively.

Zen Technologies has successful delivered its innovative Zen Anti?Drone System with Hard?Kill (Zen ADS HK) to the Army Air Defence College in Gopalpur, Odisha. This marks a significant milestone in bolstering India's defence capabilities against drone threats. 

The Army Air Defence College, responsible for training India's Air Defence Corps, placed an order for the Zen ADS HK 18 months ago, based on preliminary successful trials in accurate cueing of automatic gun platform. The company's team designed, developed, and delivered a system that surpasses expectations, following rigorous testing and trials.  

Building upon its proven soft kill anti?drone systems deployed by the Indian Air Force, Zen ADS HK offers a new layer of protection. This advanced system integrates seamlessly with existing legacy defence infrastructure, featuring a state-of the?art Electro Optical Tracking System (EOTS) designed and developed in?house by Zen. The EOTS combines a day camera, thermal camera, and a Laser Range Finder (LRF) for effective all?weather auto?tracking.  

Zen Technologies is a pioneer in the design, development and manufacture of world class, state-of-the-art training simulators.