Unistring Tech Solutions Private Limited secures its biggest ever order worth Rs. 61 Crores

Unistring Tech Solutions Private Limited (UTS), a subsidiary of Zen Technologies Limited, has secured an order worth ~₹61 Crores from an Indian defence PSU. UTS has embraced 'less is more' philosophy following Zen's investment and has achieved this milestone order by ensuring laser-like focus on developing electronic warfare and counter-drone technologies.

Commenting on the order win, Dr Shravani Srinivas, MD, UTS said "This is a small start and we expect larger orders to come in the future".

Shares of Zen Technologies Limited was last trading in BSE at Rs. 207.90 as compared to the previous close of Rs. 204.80. The total number of shares traded during the day was 23177 in over 777 trades.

The stock hit an intraday high of Rs. 210.55 and intraday low of 205.95. The net turnover during the day was Rs. 4833277.00.

Source : Equity Bulls

Keywords

ZenTechnologiesLimited INE251B01027 ZENTEC Defence OrderWin UnistringTechSolutions