India's Zen Technologies rises on defence partnership with AVT Simulation

Zen Technologies

06/12/2024 04:13

** Shares of Zen Technologies  ZETE.NS  rise as much as 7.3%
to 2,024 rupees, last up 6.6%
    ** Indian defense firm partners with AVT Simulation to
expand in the U.S. 
    ** Stock set to rise for an eighth straight quarter
    ** Stock has been above its 200-day SMA since Feb 2023,
indicating bullish sentiment
    ** More than 743,000 shares traded, 2.2x 30-day moving avg
    ** Stock has more than doubled on a YTD basis

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))