India's Zen Technologies rises on 2.89 bln-rupee contract wins

Zen Technologies

03/11/2025 06:45

** Zen Technologies ZETE.NS rises 4% to 1,411.3 rupees

** Defense manufacturer wins two contracts from national defense ministry, totalling 2.89 billion rupees ($32.9 million) to upgrade its anti-drone systems

** Projects slated for completion within a year

** YTD, ZETE falls ~42%

($1 = 87.8950 Indian rupees)

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))