Latest news with #ZenTechnologiesLimited
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.
Business Upturn
12-05-2025
- Business
- Business Upturn
Why are Zen Technologies shares locked at 5% upper circuit today? Know More
By Aditya Bhagchandani Published on May 12, 2025, 11:01 IST Shares of Zen Technologies Limited were locked at the 5% upper circuit on Monday, trading at ₹1,476.70 on the NSE. The stock surged ₹70.30 from the previous close of ₹1,406.40 following the announcement of a ceasefire understanding between India and Pakistan. The rally in Zen Technologies comes amid mixed performance in defence stocks, as investors recalibrated expectations following the de-escalation of tensions along the border. The broader Nifty India Defence Index was up just 0.3% during the session. Zen Technologies was among the top gainers in the defence pack alongside Data Patterns, Cyient DLM, Mishra Dhatu Nigam, and Dynamatic Technologies, each rising 5-6%. Meanwhile, Paras Defence shares dropped 5%, and others like HAL, Astra Microwave, and Solar Industries also traded lower. The volatility follows an intense week of military operations during which India conducted precision strikes under Operation Sindoor, killing over 100 terrorists and neutralizing over 50 Pakistani drones. With a ceasefire now in place, defence stocks are seeing selective profit booking and rotation. Zen Technologies, known for its defence training and simulation systems, is perceived as a long-term beneficiary of modernization in defence infrastructure, which helped sustain investor confidence despite the easing geopolitical narrative. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
