Zen Technologies is doing pretty well today’ from its close of Rs.425.90, it opened at Rs.431.90, going up to an intraday high at Rs.443.75. Its 52-week high is at Rs.587.
The stock rose after it announced its subsidiary, Unistring Tech Solutions (UTS), secured an order worth Rs 61 crore from an Indian defence PSU.
The company provides defence training solutions, drones and anti-drones solutions.
Dr Shravani Srinivas, the managing directors (MD) of UTS said, "This is a small start and we expect larger orders to come in the future."