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Zen Technologies stock opened flat at Rs 675.15 in early deals today against the previous close of Rs 675.15 on BSE. Later, it touched a high of Rs 684.95.
On Thursday, 1,422 stocks advanced, 2,235 declined and 143 remained unchanged on the Bombay Stock Exchange (BSE), with advance decline ratio of 0.64, indicating a negative closing of stocks in broader markets.
BY DEBASHIS BASU While the larger companies are merely chugging along, the stock prices of smaller companies are shooting up like wild weeds for the sixth month running. From early April, when the current rally started, the Nifty50 is up only 14.1 per cent while the Nifty500 has gone up 19.7 per cent. Meanwhile, the
The PE of aerospace and defence player Zen Technologies, which makes military training live-range equipment and anti-drone systems, has fallen from an average of 225 to 76.6. HDFC Securities said that given a large order inflow and revenue visibility for the next few years, some more rerating is possible in the stock.
The Norwegian Defence Materiel Agency (NDMA) has selected UK-company Chess Dynamics to provide its surveillance systems for the country's Combat Vehicle 90 (CV90) armoured reconnaissance vehicles. Norway's CV90 armoured reconnaissance vehicl...