{"id":119503,"date":"2024-02-21T14:30:57","date_gmt":"2024-02-21T09:00:57","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=119503"},"modified":"2024-02-21T15:27:23","modified_gmt":"2024-02-21T09:57:23","slug":"stock-trades-flat-receiving-an-order-worth-93-cr-from-ministry-of-defence","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-trades-flat-receiving-an-order-worth-93-cr-from-ministry-of-defence\/","title":{"rendered":"Stock trades flat receiving an order worth \u20b9 93 Cr from Ministry of Defence\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-570242571\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Multibagger defence stock engaged in designing, developing, and manufacturing state-of-the-art Combat Training Solutions and many more jumped 2 percent in the day\u2019s trade upon receiving a work order worth Rs. 93 Crores from the Ministry of Defence.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3366667004\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs. 6,904 Crores, the shares of Zen Technologies Limited were trading at Rs. 821.45, up 0.60 percent from its previous day\u2019s close price of Rs. 816.55. It has delivered multibagger returns of 217 percent in a year.&nbsp;<\/p><p>As per the company\u2019s filing released on BSE, Zen Technologies Limited has received a work order worth Rs. 93 Crores, from the Ministry of Defence, Government of India for the supply of Tactical Training Simulators.&nbsp;<\/p><p>Zen Technologies Limited is engaged in the business of designing, developing, and manufacturing state-of-the-art Combat Training Solutions for the training of Defence &amp; Security Forces worldwide.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2186776140\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>As of December 31, 2023, Zen Technologies Limited has a strong order book of Rs. 1,434.38 Crores, consisting of annual maintenance contracts for Rs. 270 Crores and supply of equipment for Rs. 1,164.38 Crores.&nbsp;<\/p><p>Zen Technologies Limited\u2019s total order book of Rs. 1,434.38 Crores segmental breakup consists of training simulators and equipment for Rs. 800.15 Crores and Anti-Drone Systems for Rs. 634.23 Crores.&nbsp;<\/p><p>Its revenue from operations grew by 201 percent from Rs. 54 Crores in FY22 to Rs. 161 Crores in FY23, accompanied by increasing profits of Rs. 2 Crores to Rs. 38 Crores.&nbsp;<\/p><p>It has reported a return on equity (ROE) of 12 percent and a return on capital employed (ROCE) of 17.3 percent, it is making good returns on its equity and capital employed&nbsp;<\/p><p><strong>Written by: Bharath K.S<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-1481455798\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-875176307\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Multibagger defence stock engaged in designing, developing, and manufacturing state-of-the-art Combat Training Solutions and many more jumped 2 percent in the day\u2019s trade upon receiving a work order worth Rs. 93 Crores from the Ministry of Defence.&nbsp; With a market capitalization of Rs. 6,904 Crores, the shares of Zen Technologies Limited were trading at Rs. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":57805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-119503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock trades flat receiving an order worth \u20b9 93 Cr from Ministry of Defence\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Multibagger defence stock engaged in designing, developing, and manufacturing state-of-the-art Combat Training Solutions and many more jumped 2 percent in the day\u2019s trade upon receiving a work order worth Rs. 93 Crores from the Ministry of Defence.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/stock-trades-flat-receiving-an-order-worth-93-cr-from-ministry-of-defence\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock trades flat receiving an order worth \u20b9 93 Cr from Ministry of Defence\u00a0\" \/>\n<meta property=\"og:description\" content=\"Multibagger defence stock engaged in designing, developing, and manufacturing state-of-the-art Combat Training Solutions and many more jumped 2 percent in the day\u2019s trade upon receiving a work order worth Rs. 93 Crores from the Ministry of Defence.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/stock-trades-flat-receiving-an-order-worth-93-cr-from-ministry-of-defence\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-21T09:00:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-21T09:57:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/08\/Defence-Stock-Cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-trades-flat-receiving-an-order-worth-93-cr-from-ministry-of-defence\/\",\"url\":\"https:\/\/tradebrains.in\/features\/stock-trades-flat-receiving-an-order-worth-93-cr-from-ministry-of-defence\/\",\"name\":\"Stock trades flat receiving an order worth \u20b9 93 Cr from Ministry of Defence\u00a0 - 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