Zen Technologies Share Price: In the stock market, the share prices of drone manufacturing company Zen Technologies have seen a rise of more than 9 percent. This rise in the company’s shares has been recorded after supplying new anti-drone systems to the Army Air Defense College, Gopalpur, Orissa.
Company’s shares rose 150% from 52 week low level
On Friday, shares of Zen Technologies opened at Rs 953.75. But after some time the shares of the company reached an intra-day high of Rs 996.90. At present, the company’s shares have been successful in gaining 150 percent from their 52 week low level of Rs 385. Let us tell you, even after the rise in shares on Friday, the company’s stocks had reached their 52 week high level of Rs 1130.10.
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Has the company said anything?
The company has said in the information given to the stock markets that this is a big step. This will help India a lot in dealing with drone threats. Let us tell you, this system was ordered by the Army Air Defense College 18 months ago.
How was the last one year for investors?
According to Trendlyen data, the share prices of Zen Technologies have seen an increase of more than 20 percent in the last 3 months. At the same time, investors who have been holding the stock for 6 months have got a profit of more than 27 percent so far. Let us tell you, positional investors of Zen Technologies have got a profit of 72.4 percent in one year.
The promoters’ total stake in the company is 49 percent. The total share of mutual funds has increased in the March quarter as compared to the December quarter. In the March quarter it increased from 14.28 percent to 15.53 percent.
