Hot Pursuit     27-Mar-15
Zen Technologies turns highly volatile ahead of listing on NSE on 30 March
Zen Technologies fell 0.31% to Rs 47.95 at 14:13 IST on BSE, with the stock sliding on profit booking after the company said the equity shares of the company will be listed and admitted to trading on NSE with effect from 30 March 2015.

Meanwhile, the BSE Sensex was up 20.22 points or 0.07% at 27,477.80.

On BSE, so far 2.12 lakh shares were traded in the counter as against average daily volume of 1.40 lakh shares in the past one quarter.

The stock was volatile. The stock fell as much as 4.15% at the day's low of Rs 46.10 so far during the day. The stock rose as much as 5.82% at the day's high of Rs 50.90 so far during the day. The stock had hit a record high of Rs 67.80 on 20 February 2015. The stock had hit a 52-week low of Rs 8.72 on 6 May 2014.

The stock had underperformed the market over the past one month till 26 March 2015, sliding 20.23% compared with the Sensex's 4.48% fall. The scrip had, however, outperformed the market in past one quarter, advancing 21.46% as against Sensex's 0.79% rise.

The small-cap company has equity capital of Rs 7.72 crore. Face value per share is Re 1.

Shares of Zen Technologies had rallied 7.73% to settle at Rs 48.10 yesterday, 26 March 2015.

The National Stock Exchange (NSE) in a circular yesterday, 26 March 2015 said that 7.71 crore shares of Zen Technologies of face value of Re 1 each gets listed on NSE on 30 March 2015. The shares of Zen Technologies will be listed in normal market segment (rolling settlement) with effect from 30 March 2015.

Zen Technologies reported net loss of Rs 2.77 crore in Q3 December 2014 as against net profit of Rs 16.65 crore in Q3 December 2013. Net sales dropped 80.4% to Rs 7.44 crore in Q3 December 2014 over Q3 December 2013.

Zen Technologies develops state-of-the-art training equipment and simulators for weapons and allied defence equipment.

Previous News
  Zen Technologies consolidated net profit rises 72.97% in the March 2024 quarter
 ( Results - Announcements 06-May-24   07:28 )
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 ( Market Commentary - Mid-Session 11-Jul-23   14:37 )
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  Board of Zen Technologies recommends final dividend
 ( Corporate News - 04-May-24   19:33 )
  Board of Zen Technologies recommends final dividend
 ( Corporate News - 06-May-23   17:01 )
  Zen Technologies standalone net profit rises 438.82% in the September 2022 quarter
 ( Results - Announcements 13-Nov-22   08:42 )
  Zen Technologies reports consolidated net profit of Rs 5.65 crore in the September 2022 quarter
 ( Results - Announcements 13-Nov-22   08:44 )
  Zen Technologies schedules board meeting
 ( Corporate News - 26-Jul-22   13:59 )
  Zen Technologies spurts on order win worth Rs 55 cr
 ( Hot Pursuit - 22-Apr-22   12:56 )
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