India's Zen Technologies gains after 10 bln-rupee fundraise
** Zen Technologies ZETE.NS shares rise 3.1% to 1,843
rupees
** Defence equipment maker raises 10 bln rupees ($119 mln)
via qualified institutional placement
** ZETE up 124% YTD
($1 = 83.8080 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
((aleefjahan.cs@thomsonreuters.com))
Recent news on Zen Technologies
See all newsBrief: Zen Technologies Ltd March-Quarter Consol Net Profit 315.3 Million Rupees
India's Zen Technologies hits 9‑month high after securing cannon licence
Brief: Zen Technologies Receives Arms Manufacturing Licence From Government Of India For Cannons
Indian defence stocks on course for longest winning run in 9 months amid Mideast war
India's capex budget unexciting and largely in-line with view, CLSA says