Shares of Zen Technologies continued their downward spiral on Tuesday, hitting the 5% lower circuit for the third consecutive session, as investors reacted sharply to the company’s weak financial performance in the June quarter (Q1FY26).
At ₹1,525.90, the stock was locked at the lower circuit limit, down ₹80.30 or 5%, with no buyers in the queue and trading volume at just 32,334 shares. The stock has now fallen nearly 15% in the last three trading sessions.
The selloff follows a disappointing Q1 result, where revenue declined 30% year-on-year, and net profit (PAT) plunged 57% YoY, signaling significant operational and profitability pressures.
With the stock now approaching its 52-week low of ₹945.35, sentiment remains cautious among investors, and further downside risk cannot be ruled out if no recovery signs emerge in the upcoming quarters.
Disclaimer: This article is for informational purposes only and based on publicly available financial data. It does not constitute investment advice. Please consult a qualified financial advisor before making any investment decisions.
