Zen Technologies Limited secures its first export order in Live Simulation worth approximately Rs. 35 Crores

Zen Technologies Limited has signed an export contract worth ~ ₹35 Crores with one of its important Middle East customers. The order includes Live Simulation equipment (~ ₹19.7 Cr) and O&M (~ ₹15.4 Cr) for 4 years. The equipment order is expected to be executed in the next 3 quarters. Operation & Maintenance is for 4 years. Zen Technologies emerged as the winner against tough competition from Europe and USA.

Its total order book position as on date is ₹427.79 Cr

Shares of Zen Technologies Limited was last trading in BSE at Rs. 203.80 as compared to the previous close of Rs. 212.50. The total number of shares traded during the day was 111019 in over 3832 trades.

The stock hit an intraday high of Rs. 214.00 and intraday low of 201.90. The net turnover during the day was Rs. 22816138.00.

Source : Equity Bulls

Keywords

ZenTechnologiesLimited INE251B01027 ZENTEC Defence OrderWin ExportContract MiddleEast