The defence training solutions provider has reported a consolidated profit at Rs 18.48 crore for the quarter ended March 2020, up 46 percent year-on-year and 80.6 percent sequentially.
The company's net profit was at Rs 12.65 crore in the year-ago period, Zen Technologies said in a regulatory filing.
The share touched its 52-week high Rs 80.00 and 52-week low Rs 22.40 on 30 May, 2019 and 31 March, 2020, respectively.
"As a part of the corporate social responsibility... Zen Technologies has dedicated a small research and development team to develop a prototype of a ventilator for India," the company said.
BHEL | Tata Steel | ACC | Ambuja Cements | Oberoi Realty | Idea Cellular | Bharti Infratel | Titagarh Wagons | Goa Carbon | Jet Airways | United Spirits | NBCC | Marksans Pharma | Caplin Point | Tube Investments | Honeywell Automation and Gujarat Gas are stocks, which are in the news today.
Share price of KRBL added 1.3 percent intraday Thursday as it has successfully commenced its new commercial plant at Akbarpur Barota, Sonipat, Haryana.
The company has won an export order worth Rs 30 crore from Ministry of defence, government of Egypt to provide range of training equipment including smart target systems.
Hemen Kapadia of KRChoksey Securities is of the view that one may sell Zen Technologies on rise.
Ashok Atluri, CMD of Zen Technologies talks about the company‘s future outlook.
Manish Sharma of Derivative Trading Research advises buying Voltas with a target of Rs 295.
Tata Steel | Bharti Airtel | Sun Pharma | Cipla | Thomas Cook | Schneider Electric | NTPC | UltraTech Cement | Dr Reddy's Labs | Monsanto | Coal India | Hathway Cable | Shriram EPC | DLF | Apollo Tyres and Strides Arcolab are stocks, which are in the news today.
In an interview to CNBC-TV18, Ashok Atluri, Promoter of Zen Technologies says the company is looking for a 24 percent strategic partnership with a company that could increase the overall value of the company to Indian armed forces.
CNBC-TV18‘s Jude Sannith traces the journey of Zen Technologies that has changed the way our forces train their personnel.