Shares of Zen Technologies Ltd were in focus on Wednesday, November 26, after the defence-tech firm announced a fresh Rs 108 crore order from the Ministry of Defence (MoD). The stock traded 2.43% higher at Rs 1,431.30, up from the previous close of Rs 1,397.40.
In a filing dated November 25, the company said the order—valued at Rs 108 crore including GST—is for supplying advanced tank crew gunnery training simulators to the Indian Army. These simulators replicate realistic battlefield conditions, supporting gunnery drills, ammunition selection, range-finding, turret control and vehicle dynamics, reducing training costs and improving combat readiness.
The latest win adds to Zen Technologies’ strong order momentum this month. Earlier on November 2, the company secured Rs 289 crore worth of MoD contracts for upgrading its Rapid Anti-Drone Systems (ADS). With the new order, Zen Technologies’ MoD wins in November total Rs 397 crore.
Chairman and Managing Director Ashok Atluri said the new order represents “more than business growth—it’s validation of indigenous R&D done right.” He added that the Rs 108 crore contract demonstrates the impact of policies protecting Indian IP and that “Operation Sindoor reminded us: procurement speed matters.”
The company continues to benefit from the increasing emphasis on indigenous defence platforms and accelerated procurement timelines.
