Page 8 - Zen Technologies News Today

Zen Technologies Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 1,324.47 million compared to INR 370.69 million...

Defence sector had a great year with multiple stocks enjoying solid returns. However Shah believes the sector’s dependence on government contracts might affect it in the short term.

Senior government officials, sectoral experts and industry representatives came together in London for a first-of-its-kind discussion to explore synergies between India and the UK in the defence and military technology sector and work as a catalyst to enhance bilateral cooperation in the sphere.

Agrawal entered Zen Technologies in Q1. He upped stakes in stocks such as Capacit'e Infraprojects, Kanoria Chemicals and Dishman Carbogen Amcis.

The International Institute for Strategic Studies (IISS) held a workshop in London with industry representatives, sectoral experts and senior government officials to explore collaborative defence research and industrial production partnerships between India and the UK. The workshop covered topics such as developing military and manufacturing partnerships and building trust between both countries concerning national technological priorities.

The investor has picked up 1.34% stake amounting to 11,26,765 equity shares in Zen Technologies during the reported quarter

The stock has been in great momentum this week gaining more than 11% over the five trading sessions, significantly outperforming the S&P BSE Sensex which has given 0.94% returns during this time.

Controlled inflation in the US has instilled optimism among investors, who believe that a 25-bps rate hike would be sufficient to stabilise the US economy

The earnings season has just begun, and the one key difference this time is that market is betting on more positive surprises than negative ones.

Multibagger stock: The defence stock, which closed at Rs 51.7 on July 13, 2020 ended at Rs 588.85 on July 13, 2023 on BSE.