Table of Contents
- Zen Technologies Q1 Results June 2022 quarter
- Zen Technologies Share Price & Chart
- About Zen Technologies Limited
The Indian Drone maker and Defence Training Solutions, Drones and Anti-Drones solutions provider Zen Technologies Limited has published its Q1FY23 June 2022 quarter results on 30th July 2022. The IT & Technology services provider and Manufacturer Company has reported massive jump in its revenue and profits both year on year and quarter on quarter.
Zen Technologies Q1 Results June 2022 quarter
Zen Technologies revenues has increased approximately 32% quarter on quarter and Net Profit jumped 40% quarter on quarter. where as year on year the revenues has jumped 270% and Net profit jumped more than 800%.
Zen Technologies Share Price & Chart
Currently ZENTEC share price is at Rs.175 that is more than 32% below its recent 52 week highs of Rs.257. Stock is below its 20 day 50 day & 200 day Moving Average & RSI is at 57 with an upward move.
[The chart we have presented here is on Upstox web platform. We personally use Zerodha & Upstox for investing and trading in Indian stock market.]
ZENTEC is a small cap or Micro Cap stock with market cap of only Rs.1,395.Cr. and a high PE stock but it has also good growth potential in future and with good earnings the PE may decrease.
This Indian Drone maker microcap stock has given a return of more than 80% in the last year and more than 215% multi-bagger return in past five years. Currently the stock is consolidating near its 20day & 50 day EMA since last few months and may breakout after its massive results.
About Zen Technologies Limited
Zen Technologies Limited is a Hyderabad based company and leading provider of Defence Training Solutions, Drones and Anti- Drones solutions and has a good track record in building training systems for imparting defense training and measuring combat readiness of security forces.
The company is engaged in indigenous design, development and manufacture of sensors and simulators technology based defence training systems and provides services to Ministry of Defence or Armed Forces, Security Forces like Police and Para-military forces. As per the data on its official website the company has applied for over 90 patents and shipped more than 1,000 training systems around the world.
ZEN Technologies could be a major beneficiary of the Atma Nirvar Bharat Abhiyan of the Central Govt towards Defence and Technology sectors as it is the major manufacturer and provider of Drones and Anti-Drones solutions to the security forces of our country.
