Zen Technologies receives ₹289 crore defence orders
ZENTEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.2 pts more than Nifty Smallcap 250 and 4.3 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Zen Technologies received two domestic orders from India's Ministry of Defence to upgrade Anti-Drone Systems. Their combined value is ₹289 crore including GST, and the work must be completed within one year. The Ministry has no promoter or related-party connection.
The orders strengthen near-term business visibility and may support the stock, but earnings will depend on execution, costs and margins.