India's Zen Technologies rises on $12 mln defence ministry order win

Zen Technologies

26/10/2023 07:40

** Shares of Zen Technologies  ZETE.NS  rise 3.8% to 699
rupees
    ** Co, which designs, develops and manufactures defence
training systems, says received an about 1 bln rupees ($12 mln)
order from Ministry Of Defence 
    ** Order for advanced tank training system
    ** Shares trading above their 100-day and 200-day moving
averages since Feb. 3
    ** Stock up ~34% YTD



($1 = 83.2280 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))