Zen Technologies Wins Rs 295 Cr Defence Order
By ThePip Desk
Zen Technologies shares surge 2.29% after securing a major Rs 295 crore defence order for simulators from the Ministry of Defence. Executable within a year.
Zen Technologies experienced a notable uptick in its share price today, closing at Rs 1761.80 on the BSE. This surge followed the announcement of a substantial order from the Ministry of Defence, Government of India.
The company’s stock advanced by 39.50 points, marking a 2.29% increase from its previous close of Rs 1722.30.
Key Market Figures
- Closing Price: Rs 1761.80
- Points Up: 39.50
- Percentage Gain: 2.29%
- Shares Traded: 11015
Zen Technologies confirmed an order valued at Rs 295 crore, inclusive of GST, for the supply of simulators. This contract is expected to be executed within a year, bolstering the company’s order book.
This latest order builds on previous successes, as the company had earlier secured another contract worth Rs 177.5 crore, also including GST, from the same Ministry of Defence.
Intraday and Historical Performance
- Opened At: Rs 1750.00
- Intraday High: Rs 1,788.30
- Intraday Low: Rs 1744.05
- 52-Week High (June 22, 2026): Rs 2023.40
- 52-Week Low (Jan 14, 2026): Rs 1224.00
- Last Week High: Rs 1,788.30
- Last Week Low: Rs 1,662.00
The company maintains a strong market capitalization of Rs 15551.15 crore. Its shareholding structure shows promoters holding 48.51%, institutions 16.87%, and non-institutions accounting for 34.61%.
Zen Technologies is recognized for its expertise in the design, development, and manufacture of advanced training simulators, a core competency reflected in these defence contracts.