India's Zen Technologies falls on Q1 profit drop

Zen Technologies

28/07/2025 06:10

** Zen Technologies ZETE.NS falls 5% to 1,690 rupees; marks steepest intraday pct loss since March 10

** Defense firm posts 33.2% y/y drop in June-quarter net profit; rev from ops drops 38% y/y

** Stock rated "buy" on avg; median PT is 2,230 rupees, per data compiled by LSEG

** YTD, ZETE falls 31%

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))