Archive · 5 Dec 2025
Zen Technologies Gains 4% After Second MoD Order
Zen Technologies, a defence technology company, has received a big order from the Indian government.
This is their second order in 10 days.
The new order is worth Rs 120 crore and is for training equipment.
The company's stock price went up by 3.8% after this news.
Over five years, the stock has given a huge return of 1,683%.
However, the stock is currently facing some resistance in the market.
Zen Technologies secured a Rs 120 crore order from the Ministry of Defence (MoD) for a Comprehensive Training Node (CTN).
The stock price increased by 3.8% to Rs 1427.95 following the announcement.
This is the second major order from the MoD in the last 10 days, following a Rs 108 crore contract for tank crew gunnery training simulators.
The company's stock has delivered a 1,683% return over five years.
Technical indicators show the stock is trading below its 50-day and 200-day Simple Moving Averages (SMA).
- Who
- Zen Technologies
- What
- Secured a Rs 120 crore order from the Ministry of Defence (MoD) for a Comprehensive Training Node (CTN)
- When
- December 4, 2023 (announcement), scheduled for completion within a year
- Where
- India
- Why
- To deliver an integrated suite of training simulators and associated equipment
- Company
- Zen Technologies
- Stock Price Increase
- 3.8%
- Day's High
- Rs 1427.95
- Previous Close
- Rs 1375.10
- New Order Value
- Rs 120 crore
- Order Type
- Comprehensive Training Node (CTN)
- Completion Time
- Within a year
- Previous Order Value
- Rs 108 crore
- Previous Order Type
- Tank crew gunnery training simulators
- 5-Year Return
- 1,683%
- 50-Day SMA
- Rs 1,409
- 200-Day SMA
- Rs 1,540.4
- RSI
- 44.5
- MFI
- 54
