Introduction:
Defence stock has secured a ₹152 Crore order for an advanced air defence combat simulator. This move highlights growing reliance on indigenous virtual training systems to boost operational readiness, supporting India’s self-reliance and export potential in high-tech defence solutions.
Share Price movement of Zen Technologies:
On March 28, 2025, Zen Technologies Limited opened at ₹1,483.95, reached a high of ₹1,530.00, up 1.72% from its previous close of ₹1,457.20, with a low of ₹1,472.00. The stock is currently trading at ₹1,482.25, with a market cap of ₹13,381.93 Crores.
Zen Technologies share price rise:
Zen Technologies Limited secures ₹152 Crore order from Ministry of Defence for L70 Gun Integrated Air Defence Combat Simulator. This is a significant step towards developing indigenous defence capabilities through virtual simulation technologies in India.
IADCS System developed in-house under the Make II category, provides advanced training for air defence operations using realistic virtual environments. This innovation reduces the necessity for live drills, enhancing training efficiency, operational readiness and reducing logistical challenges.
Zen Technologies sees this as a milestone in becoming a global leader in defense simulation. The company expects wider interest from other countries using L70 guns, further showcasing India’s potential in exporting homegrown, high-tech defense solutions.
Stock performance of Zen Technologies for Period of 1 week, 6 months and 1 year:
Zen Technologies’ stock has delivered varied returns over different timeframes. In the past week, it gained 2.46%. However, over the last six months, it declined by 14.7%. Despite short-term volatility, the stock achieved an impressive 52.4% gain over the one-year period.
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Shareholding pattern of Zen Technologies:
All values in % | Dec-24 | Sep-24 | Jun-24 |
Promoters | 49.05 | 51.26 | 55.07 |
FII | 8.29 | 5.72 | 3.09 |
DII | 8.97 | 8.05 | 3.37 |
Retail & others | 33.7 | 34.96 | 38.47 |
About Zen Technologies:
Zen Technologies Ltd (NSE: ZENTECH) is an Indian defence technology company specializing in developing advanced combat training solutions. It designs and manufactures simulators and virtual training systems for military and police forces, supporting India’s goal of self-reliance in defence preparedness and innovation.
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.