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During this quarter, Zen Technologies has secured new orders worth Rs 202 crore. Additionally, in July 2023, they bagged orders worth around Rs 500 crore.
Zen Technologies’ saw its June quarter profit surging to Rs 47.13 crore from Rs 8.21 crore in the same quarter last year. Sales also jumped four times to Rs 132.45 crore from Rs 33.23 crore.
This strong performance in the quarter was driven by the successful execution of a significant part of the simulation export and domestic anti-drone orders," Zen Technologies Chairman and Managing Director, Ashok Atluri said.
Top stock picks for today: Deven R Choksey on Monday told BT TV that if the economy has to move to $5 trillion mark in the next 3 to 5 years, banking and finance companies with a larger balance sheet would remain extremely effective preposition.
The 30-share BSE Sensex pack rose 151 points or 0.23 per cent to trade at 65,872, while the broader NSE Nifty moved 44 points or 0.23 per cent up to trade at 19,561. Mid- and small-cap shares were positive as Nifty Midcap 100 climbed 0.11 per cent and small-cap gained 0.49 per cent.