Announced Mon, 10 Aug · 20:08 IST
Zen Technologies bags ₹295 crore defence simulator order
ZENTEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+6.0%1-day move
₹1720.00
prior close
₹1749.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+1.0+0.6+1.3+6.0+6.6+7.8+8.5+15.4+11.2————
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AI summary
Zen Technologies has received an order worth 295 crore rupees (including GST) from the Ministry of Defence, Government of India for supply of simulators. The domestic order is to be executed within one year. There is no related party interest in the contract.
Likely market impact
Large domestic defence order worth roughly a year of revenue, boosting order book and near term revenue visibility. Positive for the stock.