Refile: BUZZ-India's Zen Technologies drops on quarterly profit fall

Zen Technologies

27/10/2025 07:17

Corrects company name in headline

** Shares of India's Zen Technologies ZETE.NS fall 4.6% to 1333 rupees

** Aerospace and defense firm's Q2 consol PAT drops 5% on-year to 594 mln rupees ($6.8 mln), sales down over 28% to 1.74 bln rupees

** At day's low, co touched level last reached on May 9, 2025

** Trading vols over 927,000 shares, more than twice the 30-day avg

** ZETE, which on an avg is rated "buy" by five analysts with a median PT of 1800 rupees, has dropped 46% YTD - LSEG data

($1 = 87.8950 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))