Defence stock Zen Technologies jumps as subsidiary Vector Technics becomes India's largest drone propulsion manufacturer

Zen Technologies' shares rose 2.5% in intraday trade, touching a high of around ₹1,898.95, after the company announced that its subsidiary Vector Technics has become India's largest fully integrated drone propulsion manufacturer. The subsidiary's Shamshabad facility now has the capacity to manufacture 3,00,000 propulsion units annually, and is claimed to be the only Indian company designing and building every component of the propulsion stack in-house, across both electric and internal-combustion propulsion.