Zen Technologies Surges On Bagging Order From Indian Air Force

Shares of the defence equipment maker Zen Technologies rose as much as 10 per cent to hit a record high of ₹ 153.75 today after the company informed the exchanges that it has received an order from Indian Air Force (IAF) for the supply of unarmed aircraft systems. Zen Technologies Limited has secured an order of ₹ 155 crore from IAF for the supply of Counter Unmanned Aircraft Systems (CUAS). The order will be carried out in a 12-month time frame, the Hyderabad-based company said. Read more…