Introduction:
Leading defense technology innovator has achieved a key milestone with the design registration of its advanced “60 mm Mortar Training Simulator” under India’s Designs Act. This breakthrough enhances military training by offering immersive, realistic simulations for mortar crews worldwide.
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Share price movement of Zen Technologies:
On January 16, 2025, Zen Technologies Ltd. opened at ₹2,189.85, up 1.96% from its previous close of ₹2,148.00. The stock reached a high of ₹2,280.05 (6.15%) and a low of ₹2,185.00. By 10:44 AM, it traded at ₹2,253.45, a 4.91% increase, with a market cap of ₹20,468.82 crore.
Zen Technologies Secures Mortar Simulator Design:
Zen Technologies Limited has achieved a significant milestone with the design registration of its “60 mm Mortar Training Simulator” under India’s Designs Act. This advancement reinforces the company’s leadership in innovative military training and anti-drone technologies globally.
The simulator offers immersive training for infantry mortar crews, enhancing skills in target acquisition, simulated firing, and fire corrections. Its user-friendly, ergonomic design ensures operational efficiency, making it a vital tool for modern battlefield preparation and effective mortar usage.
Zen Technologies’ design registration showcases its commitment to indigenous defense innovation, aligning with India’s self-reliance goals. The simulator’s potential for global adoption strengthens India’s position as a trusted defense equipment supplier.
Recent news on Zen Technologies:
January 09, 2025, Hyderabad-based Zen Technologies Limited received an Indian patent for its “T-72 Containerized Crew Gunnery Simulator System.” The system provides immersive training for tank commanders and gunners, featuring a containerized design for quick deployment and realistic battlefield simulations.
Stock performance of Zen Technologies for Period of 1 week, 6 months and 1 year:
Over the past week, Zen Technologies Ltd. experienced a decline of 15.3%. However, the company has shown strong growth over the last 6 months with a 56.1% increase and an impressive 180% return over the past year.
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Shareholding pattern of Zen Technologies:
All values in % | Sep 2024 | Jun 2024 | Mar 2024 |
Promoter | 51.30% | 55.10% | 55.10% |
FII | 5.70% | 3.10% | 3.80% |
DII | 8.10% | 3.40% | 3.30% |
Public | 35% | 38% | 37% |
Others | 1% | 0.50% | 0.60% |
About Zen Technologies:
Zen Technologies Limited (NSE: ZENTEC) is a leader in defense training and anti-drone solutions, with over 30 years of experience. The company specializes in customized training systems, supported by a dedicated R&D facility and global patent portfolio.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.