Zen Technologies hits record high; up 35% in one month on robust Q3 results

The company expects a few more big order wins from aggressive purchase being made by the government

Shares of Zen Technologies hit a record high of Rs 261.75, after they rallied 4 per cent on the BSE in Tuesday's intra-day trade. In the past one month, the stock of the company, engaged in aerospace & defense business, has zoomed 35 per cent after it reported robust earnings for the quarter ended December 2022 (Q3FY23). In comparison, the S&P BSE Sensex remained flat or up 0.20 per cent during the same period.

Zen Technologies is engaged in indigenous design, development and manufacture of sensors and simulators technology based defence training systems, and has relentlessly been providing Defence