Market Performance
Zen Technologies share price saw a notable surge of 5% on June 23, 2025, following a key announcement that marked the company's entry into the uncrewed aerial vehicle (UAV) segment. The stock reached an intraday high of ₹1,994.6, trading at ₹1,992.4, up 4.88% as of 10:40 AM.
- 1-Month Performance: Up by 5.3%
- Year-to-Date (YTD) Change: Down 19.7%
This upward movement aligns with broader activity in mid-cap defense and aerospace stocks during the session.
Main News
Zen Technologies Ltd. revealed its acquisition of a majority stake in TISA Aerospace Pvt. Ltd. for ₹6.56 Crore, marking a pivotal step into the UAV domain. This move signifies the company's expansion beyond its core focus on defense training and anti-drone solutions.
TISA Aerospace is recognized for developing indigenous loitering munitions and UAV systems, thereby further strengthening Zen's technology capabilities in the expanding Indian defense sector.
Company Details
- TISA Aerospace FY25 Turnover: ₹1.81 Crore
- Recent Milestone: Successfully executed a project for the Defence Research and Development Organisation (DRDO)
- Zen Technologies Order Book (as of March 31, 2025): ₹691.94 Crore
This acquisition strategically positions Zen Tech in an evolving sector that is expected to see increasing demand from governments and institutions.
Summary of the Article
Zen Technologies' share price jumped 5% after announcing its entry into the UAV segment through the acquisition of TISA Aerospace. The move adds advanced drone and loitering munition capabilities to Zen's portfolio. With an existing order book of ₹691.94 Crore, this development signals a strong focus on expanding its defense offerings. The stock gained traction after the announcement despite being down almost 20% YTD.
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