Zen Tech secures order worth Rs55 crore; stock up ~1%

22 Apr 2022 , 02:55 PM

Zen Technologies Limited has signed an Annual Maintenance contract worth Rs55 crore for simulators for a period of 5 years from the date of signing of the contract, i.e., April 22, 2022.

As of date, the total order book of the company stands at Rs477.04 crore.

With this order, the domestic equipment order stands at Rs159.47 crore, whilst the order of the domestic services stands at Rs145.31 crore.

The total order book as of date comprises equipment exports worth Rs156.87 crore and services exports worth Rs15.39 crore.

At around 2.52 PM, Zen Tech’s stock was trading at Rs203.80, up by Rs2.35 or 1.17% against its previous close of Rs201.45 on NSE. It touched intraday high and low of Rs209.35 and Rs199.45 respectively so far in the day.