Zen Technologies shares to be in focus on Tuesday after company secures Rs.295 crore defence order
New Delhi, Aug. 10 -- Shares of Zen Technologies, a leader in defence simulation and anti-drone technology, are likely to attract investor interest in Tuesday's trade, August 11, after the company secured a fresh order win.
The company announced that it had secured a Rs.295 crore order from the Ministry of Defence for the supply of simulators, which is scheduled to be executed within a year.
The company also clarified that neither its promoter nor its promoter group entities have any interest in the awarding authority and that the contract does not qualify as a related-party transaction.
The latest order adds to a growing order pipeline. Zen Technologies closed the June quarter with a consolidated order book of Rs.1,239.02 crore and su...
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