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Zen Technologies Q4 results: Cons PAT falls 69% YoY to Rs 32 crore; revenue down 45%
Zen Technologies saw a significant drop in its March quarter performance. Net profit declined by 69% year-on-year, while revenue from operations fell by 45%. The company's profit after tax is attributable to its shareholders. Zen Technologies has declared a final dividend of Re 1 per share for FY26.
Zen Mobility and Delhivery announce EV partnership for pan-India deployment
A long-term partnership to deploy thousands of purpose-built EVs pan-India over the next 3–5 years, building on 500+ vehicles already operational.
Here's why Zen Tech, other defence shares surged up to 11% in trade today
The Nifty India Defence Index is currently trading 1.3% higher, with stocks such as Data Patterns, Astra Microwave, Garden Reach Shipbuilders, MTAR Tech, trading with gains between 2.5% to 4%.
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainers - Mint
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainersMint
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainers
On April 6, the Indian stock market gained, with the Nifty 50 up 0.68% to 23,123 and the S&P BSE Sensex rising 0.69% to 74,616. Nifty IT led sector gains at 2.5%, while PSU banks fell by 0.72%. Investors await the RBI policy decision.
BNP, Bradesco, Rabobank Named Among Raízen Top Creditors
BNP Paribas, Banco Bradesco SA and Coöperatieve Rabobank are among the largest creditors of Brazilian sugar and ethanol company Raízen SA, which is seeking to restructure some $12.6 billion of debt out-of-court.
HAL, BEL, BDL, Zen Technologies to GRSE: Is defence the new IT for the Indian stock market? - Mint
HAL, BEL, BDL, Zen Technologies to GRSE: Is defence the new IT for the Indian stock market?Mint
Tejas Networks, Paras Defence to Zen Technologies: War stocks rise amid escalation in US-Iran conflict
US-Iran war: Despite the stock market crash on Wednesday, those defence stocks that deal in war equipment witnessed strong buying interest during early morning deals
Watch | Gurmeet Chadha & Devina Mehra on market strategy amid West Asia tensions
Devina Mehra, Founder, Chairperson and Managing Director of First Global and Gurmeet Chadha, Managing Partner & CIO of Complete Circle say geopolitical tensions may trigger short-term volatility but not a lasting bear market. Mehra advises using market dips to deploy cash, noting past conflicts fade from markets and crude spikes are usually temporary. She prefers autos, pharma and select cyclicals. Chadha remains overweight defence, citing opportunities in Solar Industries, Bharat Electronics and Zen Technologies, while also watching refiners amid oil price swings.
Momentum Stocks: Diamond Power jumps 9%, Precot and Zen Technologies rally on strong momentum
Amir Chand Jagdish Kumar Exports, Gradiente Infotainment, Precot among others were locked in their upper circuits.
Zen Technologies jumps 9%, ideaForge hits upper circuit as India eyes Rs 20,000 crore drone buy
India has more than 600 firms making drones and components, with more than 100 focused on defence applications.
Zen Tech: Visibility is improving despite temporary weakness
Short-term earnings hit by delays and costs, but strong order book and product expansion should drive growth