India's Zen Technologies rises on 1.52 bln-rupee order win

Zen Technologies

27/03/2025 10:08

** Shares of defence equipment maker Zen Technologies ZETE.NS rise as much as 2.7% to 1,482.05 rupees

** ZETE says it has won order worth 1.52 bln rupees ($17.7 mln) from India's Ministry of Defence

** Avg. rating of four analysts equivalent of "strong buy", median PT is 1,625 rupees - LSEG data

** Stock down ~40% YTD

($1 = 85.7950 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)

 ((ashish.chandra@thomsonreuters.com (+91 7982114624))