Zen Technologies Shares Price Jump 4% After ₹289 Cr MoD Order for Anti-Drone System Upgrades

Hyderabad, November 3, 2025: Share price of Zen Technologies Limited (NSE: ZENTEC, BSE: 533339) gained over 4% today after the company announced two major contract awards from the Ministry of Defence valued at ₹289 crore towards upgrading its Rapid Anti-Drone Systems (ADS). The upgradation is in terms of both hardware and software. The projects are expected to be completed within one year.

Headquartered in Hyderabad, Zen Technologies Limited is one of the leading companies in defence training and anti-drone solutions. The company has filed over 180 patents and deployed more than 1,000 training systems worldwide. Recognized by the Ministry of Science and Technology for excellence in R&D, Zen Technologies forms part of the Nifty Smallcap 250 Index and continues to lead India’s defence innovation landscape.

Enhancing National Security through Indigenous Innovation

These improvements have come in response to operational feedback from missions like Op Sindoor and underscore the growing relevance of indigenous defence technology. The company said India’s dependence upon foreign systems poses a risk related to export controls, besides slower response times for crises. The new contracts are part of the government’s “Atmanirbhar Bharat” initiative to promote Indigenously Designed, Developed and Manufactured (IDDM) systems.

Leadership Commentary

According to Ashok Atluri, the Chairman and Managing Director of Zen Technologies, recent operations have heightened the need for rapid innovation in Indian defense systems. He indicated that developing indigenous technologies becomes imperative in order to stay ahead of evolving drone and cyber threats.

Stock Market Performance

The shares of Zen Technologies were trading at ₹1,412.60 at 11:43 am IST, up 4.08% over its previous close of ₹1,357.20. The stock touched a high of ₹1,446.10 and a low of ₹1,395.00 during this session. A total of 5.68 lakh shares of the company were traded, taking its market capitalization to ₹12,656 crore. The stock’s 52-week range is between ₹945.35 and ₹2,627.00.

REF: https://nsearchives.nseindia.com/corporate/ZENTEC_02112025220148_SEPRESSRELEASE02112025.pdf

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