[ad_1] Hyderabad-based Zen Technologies, a designer and manufacturer of advanced defence training and counter-drone solutions, is optimistic about securing ₹500-600 crore in new orders in the first half of 2025-26 (FY26). This positive outlook is driven by growing demand for advanced defence systems in India and abroad. “The government is going full-fledged in procuring Indian […]
Trade Setup for March 28: Will the April series bring a break above the 23,800 mark? – CNBC TV18
[ad_1] The Indian equity markets ended the March series on a healthy note, with the Nifty reclaiming 23,500. The index bounced back on Thursday after a session of weakness on Wednesday. The Nifty opened on a negative note and moved up from the lows in the early part of the session. It later shifted into […]
Zen Technologies shares hit 20% lower circuit as broader market sell-off continues – CNBC TV18
[ad_1] Shares of Zen Technologies Ltd. hit a 20% lower circuit on Monday, February 17, dropping to the day’s lowest level. This marks the stock’s steepest decline since March 12, 2020. Company Value Change %Change After surging over sixfold in under two years, Zen Technologies witnessed its sharpest drop in five years. The broader market […]
Stocks to Watch on February 17: BHEL, Samvardhana Motherson, RVNL, Glenmark Pharma and more – CNBC TV18
[ad_1] 1 / 14 BHEL | State-run engineering giant announced a significant contract win, securing an order worth ₹6,700 crore from Singareni Collieries Company (SCCL) to establish an 800 MW thermal power unit in Telangana. The contract, awarded on an Engineering, Procurement, and Construction (EPC) basis, covers the design, engineering, manufacturing, supply, erection, commissioning, and […]
Zen Technologies invests in Vector Technics and Bhairav Robotics to strengthen defence capabilities – CNBC TV18
[ad_1] Defence training solutions firm Zen Technologies Ltd on Saturday (February 15) announced strategic investments in Vector Technics Private Ltd and Bhairav Robotics Private Ltd. Company Value Change %Change These acquisitions reinforce Zen’s commitment to innovation, indigenous defence manufacturing, and technological advancement in robotics, aerospace, and propulsion systems, further solidifying its position as a key player […]
Zen Technologies targets 50% average annual revenue growth over the next three years – CNBC TV18
[ad_1] Hyderabad-based Zen Technologies, a defence training solutions company, expects robust revenue growth backed by a strong order book and supportive government policies. The company has set a revenue target of ₹900 crore for this year, nearly doubling its 2023-24 (FY24) revenue of ₹430 crore. The earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin […]
Defence stock with 145% returns in 2024 so far, hits record high today — do you own? – CNBC TV18
[ad_1] Shares of defence company Zen Technologies Ltd. surged as much as 8% to a record high of ₹2,033 on Friday, December 6. According to brokerage firm Nuvama Institutional Equities, the stock still has more potential for an ongoing rally. Company Value Change %Change Nuvama has maintained a ‘Buy’ rating on Zen Technologies, with a […]
Zen Technologies Block Deal | Stock falls 6% after shares worth ₹386 crore change hands – CNBC TV18
[ad_1] Shares of defence company Zen Technologies Ltd. fell as much as 6% on Tuesday, December 3, after a block deal took place in the stock. As many as 20 lakh shares of Zen Technologies changed hands in the block deal, which took place in the early minutes of trade on Tuesday. The number of […]
Zen Technologies gains on securing ₹46-crore annual maintenance contract from Defence Ministry – CNBC TV18
[ad_1] Military training and anti-drone solutions provider Zen Technologies Ltd on Tuesday, October 1, said it has secured an annual maintenance order from the defence ministry. In a stock exchange filing, the company said it has signed an annual maintenance contract (AMC) worth ₹46 crore, including GST, with the ministry of defence. The contract covers […]
Zen Technologies launches ₹800 crore QIP, price set at ₹1,601 per share – CNBC TV18
[ad_1] Defence training solutions firm Zen Technologies Ltd on Wednesday (August 21) launched a Qualified Institutional Placement (QIP) with an issue size of ₹800 crore, which may be scaled up to ₹1,000 crore, sources privy to the developments told CNBC-TV18. The base issue represents 5.95% of the company’s equity, potentially increasing to 7.43%, according to […]