India's Zen Technologies falls after quarterly profit drop

Zen Technologies

27/07/2026 05:13

** Shares of India's Zen Technologies ZETE.NS fall 4% to 1698 rupees, their lowest level since June 4
** Defense training and anti-drone solutions maker on Saturday reported Q1 net profit down 40% y/y; rev from ops down 10.5% y/y
** Stock, on avg, rated "buy" by seven analysts; median PT is 1700 rupees - LSEG data
** Stock up 24% YTD

 (Reporting by Abhirami G in Bengaluru)
 ((abhirami.g@thomsonreuters.com))