Introduction:
Leading defense technology company has announced the grant of an Indian patent for its innovative “T-72 Containerized Crew Gunnery Simulator System,” designed to enhance gunnery skills with realistic, mobile training solutions for military personnel.
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Share price movement of Zen Technologies:
On January 9, 2025, Zen Technologies Limited opened at ₹2,484.95, up 0.48% from its previous close of ₹2,473.05. The stock reached a high of ₹2,580.00 (4.32%) and a low of ₹2,458.35. By 12:00 PM, it traded at ₹2,550.00, a 3.11% increase, with a market cap of ₹23,024.04 crore.
Zen Technologies Patents T-72 Simulator System:
Zen Technologies Limited has announced the grant of its Indian Patent for the “T-72 Containerized Crew Gunnery Simulator System” on January 8, 2025. This marks the company’s 11th patent for the fiscal year 2024-25, reinforcing its leadership in military training technologies.
The T-72 CGS is designed to enhance the gunnery skills of T-72 tank commanders and gunners. It provides immersive, real-world training by simulating battlefield conditions, target acquisition, ammunition selection, and firing, ensuring personnel are prepared for combat scenarios.
The containerized design of the system allows for quick deployment and cost-effective, localized training solutions. With features like a motion platform and customizable training scenarios, the T-72 CGS highlights Zen Technologies’ commitment to indigenization and aligning with India’s defense manufacturing goals.
Recent news on Zen Technologies:
As of October 01, 2024, Zen Technologies Limited secured a ₹46 crore Annual Maintenance Contract with India’s Ministry of Defence. The five-year deal focuses on maintaining simulators, reinforcing the company’s role in defense simulation and ensuring operational readiness.
Stock performance of Zen Technologies for Period of 1 week, 6 months and 1 year:
Over the past week, Zen Technologies Limited has seen a decline of -1.29%. However, the company has performed exceptionally well over the last six months with a 90.5% increase. Over the past year, the stock has surged by an impressive 227%.
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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% | 3.30% |
| Public | 34.50% | 37.90% | 37.20% |
| Others | 0.50% | 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, it designs and manufactures combat training systems and has applied for 155 patents, serving the Ministry of Defence and global armed forces.
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.
