India's Zen Technologies hits 9‑month high after securing cannon licence

Zen Technologies

20/04/2026 07:53

** Zen Technologies ZETE.NS rises as much as 4.5% to its highest since late-July 2025 at 1,690 rupees; last up 2.6%

** Stock up for third straight session

** Defence products maker receives arms manufacturing licence from government Of India for cannons

** More than 1.7 mln shares exchange hands as of 12:05 p.m. IST vs 30-day avg of 717,357

** Stock rated "buy" on avg; median PT is 1,520 rupees, per data compiled by LSEG

** ZETE up 21.6% YTD

 (Reporting by Brijesh Patel in Bengaluru)

 ((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))