Zen Technologies wins export orders worth Rs 340 crores

NewsBharati    14-Jul-2023 13:30:08 PM
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Zen Technologies Limited, a major provider of military training and anti drone systems, has achieved a large export order. The order is worth about? 340 crores ( 41.5 million USD).
 

Zen Technologies wins export orders worth Rs 340 crores 
 

Zen Technologies Limited shares were last trading in the BSE at Rs. 424.90, down from the previous close of Rs. 430.10. The total number of shares moved in over 2374 deals during the day was 57282.

The stock reached an intraday high of Rs. 432.40 and a low of Rs. 421.55. During the day, the net turnover was Rs. 24326763.00.

The business also claimed that it anticipates receiving further orders in the near future.

This is the company's second significant order this month. Zen Technologies stated on July 7 that it has received a Rs 160 crore order from the Indian government.

The contract is part of the government's indigenous design and development (IDDM) effort, which calls for Indian IP and at least 60% indigenous content.

The Company stated last month that it had won a contract for Rs 202 crore from the Defence Ministry.

Zen Technologies focuses in the design and production of land-based military training simulators, driving simulators, live range equipment, and anti-drone systems.