Latest news with #ZenTechnologies'
India.com
4 days ago
- Business
- India.com
This company makes anti-drone system, people lining up to buy share, giving return of…, company is….
Zen Technologies Limited has seen a big surge in its stock value due to its involvement in the drone manufacturing business. On Wednesday, the company's shares closed at Rs 2,229.80 on the BSE with a 3% increase. Over the past month, Zen Technologies' shares have increased by 61%, while over the last five years, they have surged by around 5,153% by giving huge returns to investors. This Zen Technologies is considered a rising star in the defense and security sector. In the last year alone, the company's shares delivered 138% return. Zen Technologies Zen Technologies has developed anti-drone systems to counter drone threats, which are increasingly in modern times war like situations. Recently we have seen a huge drone movement when India launched Operation Sindoor against Pakistan. Its products like drone detection and neutralization systems, have gained traction among the Indian Armed Forces and other security agencies. The company also offers simulator-based training solutions which makes military and paramilitary forces more stronger. Zen Technologies Share Performance Several factors have contributed to this impressive performance: The Indian government's plan to become more self-reliant in defense and its 'Make in India' initiative has encouraged indigenous defense technology companies. Zen Technologies secured many contracts like the supply of anti-drone systems to the Indian Army. Globally after the rising incidents of drone attacks increased the demand for anti-drone technologies also made the company's market position stronger. Analysts believe that the company's technological capabilities, government support, and growing demand for defense drones will keep the company's growth continuing in the future. However, investors are advised to remain cautious, considering market volatility and associated risks. Zen Technologies Limited has headquarters in Hyderabad known for its anti-drone systems and simulation technologies.
Time of India
19-05-2025
- Business
- Time of India
Zen Technologies shares hit 5% upper circuit after PAT jumps 189% YoY
Zen Technologies shares zoomed 5% to hit their upper circuit at Rs 1,884.45 on the BSE on Monday, May 19, after the company reported a 189% year-on-year (YoY) surge in consolidated net profit to Rs 101.04 crore, up from Rs 35.99 crore in the corresponding quarter of the previous fiscal. Revenue from operations rose 130% YoY to Rs 324.97 crore, compared to Rs 141.38 crore in Q4FY24. However, total expenses also climbed 106% to Rs 195.7 crore during the quarter. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dental Implant Bajua Cost Might Be More Affordable Than Ever! Dental implant | Search Ads Learn More Undo The company's EBITDA for the quarter stood at Rs 138 crore, marking a substantial increase from Rs 50.4 crore in Q4 last year. The EBITDA margin also improved significantly to 42.45%, up from 35.65% in the same period. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Zen Technologies' board recommended a final dividend of Rs 2 per share (200%) for the financial year ended March 31, 2025, subject to shareholder approval at the upcoming AGM. On the strategic front, the company approved the acquisition of a 51% stake in Vector Technics Private Limited for Rs 25 crore. During the quarter, Rs 10.7 crore was invested in partially paid equity shares, with the remaining Rs 14.3 crore to be paid by February 24, 2026. Live Events Additionally, Zen Technologies invested USD 10 million (Rs 86.86 crore) in its wholly owned subsidiary, Zen Technologies USA, Inc., to expand its footprint in the North American market. As of March 31, 2025, the company reported an order book of Rs 691.94 crore, positioning it well for future growth. With these key announcements, the company's shares are likely to be in focus in Monday's trading session. Also read: Vodafone Idea shares in focus as govt rejects $5B dues waiver; telco moves SC citing 'public interest' ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
