Introduction:
Leading defense stock has secured an Indian patent for its “T90 Containerized Crew Gunnery Simulator,” which boosts tank gunnery skills with AI-powered simulations, aiding the Indian Armed Forces’ self-reliance initiatives while catering to global markets.
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Share price movement of Zen Technologies Limited:
On November 26, 2024, Zen Technologies Ltd (NSE: ZENTEC) opened at ₹1847.00, up from ₹1813.80. The stock reached a high of ₹1847.00 (1.83%) and a low of ₹1812.00. By 12:06 PM, it traded at ₹1817.25, a 0.19% increase, with a market cap of ₹16,410 crore.
Zen Technologies patents T90 simulator:
Zen Technologies Limited has announced the grant of an Indian patent for its “T90 Containerized Crew Gunnery Simulator” on November 25, 2024. This marks the company’s 20th patent in 2024 and the 10th in the 2024-25 financial year.
T90 CGS is a cutting-edge system designed to enhance the gunnery skills of T-90 tank commanders and gunners. It offers realistic battlefield simulations with AI-driven targets, providing immersive training to improve operational proficiency.
This achievement underscores Zen Technologies’ leadership in military training simulators. The T90 CGS supports the Indian Armed Forces’ vision of self-reliance, providing cost-effective, localized training solutions while catering to international markets with high-quality, adaptable systems.
Recent news on Zen Technologies Limited:
As of November 2, 2024, Zen Technologies Limited reported a 276% surge in its Q2FY25 profit after tax (PAT) to ₹65.24 crore, with revenue from operations increasing by 277% YoY to ₹241.69 crore, marking significant growth.
Stock performance of Zen Technologies Limited for Period of 1 week, 6 months and 1 year:
Zen Technologies Limited has shown impressive performance with a 2.47% return over the past week, a 95.5% return over six months, and a remarkable 139% return over the past year, highlighting strong growth and investor confidence.
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Shareholding pattern of Zen Technologies Limited:
| All values in % | Sep 2024 | Aug 23, 2024 | Jun 2024 |
| Promoter | 51.30% | 51.30% | 55.10% |
| FII | 5.70% | 5.90% | 3.10% |
| DII | 8.10% | 8.10% | 3.40% |
| Public | 34.50% | 34.30% | 37.90% |
| Others | 0.50% | 0.50% | 0.50% |
About Zen Technologies Limited:
Zen Technologies Limited (NSE: ZENTEC) is a leader in providing advanced defense training and anti-drone solutions. With over 155 patents and a proven track record of delivering 1,000+ training systems, the company operates a dedicated R&D and production facility in Hyderabad.
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.
