India's Zen Technologies rises after defence ministry order

Zen Technologies

21/07/2026 10:26

** Shares of aerospace and defence firm Zen Technologies ZETE.NS up about 4% at 1,814.50 rupees--biggest pct jump in more than two weeks
** Stock snaps three consecutive sessions of losses
** Co gets order from India's defence ministry worth 1.78 billion rupees ($18.5 million)
** Order is for upgradation and integration of tank and crew gunnery simulators--military training systems that are used to teach and rehearse skills
** Order to be executed within a year
** YTD, stock up 29.20%
 
($1 = 96.2200 Indian rupees)

 (Reporting by Saikeerthi in Bengaluru)
 ((Saikeerthi@thomsonreuters.com; (+91) 8296756080))