Zen Technologies

May 1 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES LTD MARCH-QUARTER CONSOL NET PROFIT 315.3 MILLION RUPEES

• ZEN TECHNOLOGIES LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.78 BILLION RUPEES

• ZEN TECHNOLOGIES LTD - FINAL DIVIDEND OF 1 RUPEE PER SHR

Source text: ID:nnAZN4STXAF

Further company coverage: ZETE.NS

(([email protected];))

** Zen Technologies ZETE.NS rises as much as 4.5% to its highest since late-July 2025 at 1,690 rupees; last up 2.6%

** Stock up for third straight session

** Defence products maker receives arms manufacturing licence from government Of India for cannons

** More than 1.7 mln shares exchange hands as of 12:05 p.m. IST vs 30-day avg of 717,357

** Stock rated "buy" on avg; median PT is 1,520 rupees, per data compiled by LSEG

** ZETE up 21.6% YTD

(Reporting by Brijesh Patel in Bengaluru)

(([email protected]; Ph no. +91 9590227221;))

April 17 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES LTD - RECEIVES ARMS MANUFACTURING LICENCE FROM GOVERNMENT OF INDIA FOR CANNONS

Source text: [ID:]

Further company coverage: ZETE.NS

(([email protected];))

** India's defence stocks .NIFTYINDDEFENCE gain 4.9% this week, and have risen 9.9% over four weeks in their longest winning run since June

** Escalating U.S. and Israeli war with Iran boosts shares

** Paras Defence PRAF.NS leads weekly gains with an 18.4% jump, trailed by dronemaker Ideaforge's IDEF.NS 9% climb

** Bharat Dyanmics BARA.NS, which counts Israeli defence equipment maker Rafael among its clients, rises 7.2% for the week

** Peer Bharat Electronics BAJE.NS gains 6.1% to be the top weekly gainer on benchmark Nifty 50 .NSEI

** Zen Technologies ZETE.NS up 4.5% this week

** YTD, defence index up 10.1%

(Reporting by Kashish Tandon in Bengaluru)

(([email protected]))

** Nothing much exciting about India's budget, says CLSA

** Says, adjusted capex growth pegged at 10.7% in FY27 vs 6.2% in FY26 largely in-line with market consensus

** Brokerage expects defence growth to slow on a high base, and railways and roads to pick up on a low base

** Notes that FY26 revised capex for defence at 2.2 trillion rupees vs budget estimate of 1.8 trillion rupees; adds FY27 defence capex to grow by a muted 5.2% on this revised estimate

** Meanwhile, capex for railways and roads declined by 1.5% and 11.3% in FY26; CLSA now expects these two areas to grow 10.5% and 9.1% in FY27

** On Monday, defence stocks .NIFTYINDDEFENCE were down 0.3% and infra stocks .NIFTYINFR were trading 0.6% higher

(Reporting by Kashish Tandon in Bengaluru)

(([email protected]))

** Shares of Indian defence stocks climb between 1.5% and 5.2% ahead of India's federal budget for fiscal 2027

** Investors expect higher defence spending from the government, which aims to accelerate push for local manufacturing

** Drone maker Ideaforge Tech IDEF.NS leads gains among pack with 5% climb; Data Patterns DATP.NS up 4.5%

** Defence equipment makers Bharat Electronics BAJE.NS and Bharat Dynamics BARA.NS rise about 2.4% each, Garden Reach Shipbuilders GRSE.NS gains 2.3%

** Nifty India defence index up 1.9%, climbed 5.6% in January

(Reporting by Kashish Tandon in Bengaluru)

(([email protected]))

** Zen Technologies ZETE.NS rises 8.9% to 1,346.98 rupees; marks biggest intraday pct gain in 10 months

** Defence products maker wins 4.04 billion-rupee ($44.6 million) orders from India's government to supply anti-drone systems, counter unmanned aerial systems, training simulators

** Around 3.1 mln shares traded, more than 10x the 30-day avg; stock logs busiest trading session in 11

** Stock rated "buy" on avg; median PT is 1,520 rupees, per data compiled by LSEG

** ZETE down 44% YTD

($1 = 90.6610 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

** Shares of India's Zen Technologies ZETE.NS jump 3.4% to 1988 rupees, heads for third straight session of gains

** Co says got patent in domain of laser-based military training systems, which "opens significant export opportunities"

** Average rating of four analysts covering the stock is "buy", no sell call or lower - data compiled by LSEG

** YTD stock down 19%

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

June 27 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES LTD - SECURES PATENT FOR INNOVATION IN LASER-BASED COMBAT TRAINING

Source text: [ID:]

Further company coverage: ZETE.NS

(([email protected];))

** Shares of defense systems manufacturer Zen Technologies ZETE.NS rise 4.07% to 1,977 rupees

** Co acquires a majority stake in private defense tech firm TISA Aerospace, which specializes in loitering munitions - unmanned aerial drones that can linger over a target area and identify and strike targets

** Co did not provides details on the deal value

** Says the acquisition provides it with immediate access to tech that aligns with emerging requirements of Indian armed forces

** ZETE shares up ~73% in the last 12 months

(Reporting by Ananta Agarwal in Bengaluru)

(([email protected]))

** Zen Technologies ZETE.NS jumps 5% to 1,885 rupees

** Stock on course for seventh straight session of gains

** Co's Q4 PAT surges 157% y/y; rev soars 116%

** ZETE trims YTD losses to 23%

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

Fixes hyperlink in second bullet; no changes to text

** Indian defence stocks rise amid tensions at India-Pakistan border

** India says it had responded to 'unprovoked' small arms firing from Pakistan along the de facto border for the fourth consecutive night, as it deepens its search for militants in the region following last week's deadly attack on tourists in Kashmir

** Defence equipment maker Paras Defence PRAF.NS leads gains with 10% climb; Hindustan Aeronautics HIAE.NS, Bharat Dynamics BARA.NS and Zen Technologies ZETE.NS up 5.6%, 5.3% and 2%, respectively

** Industry goods makers Larsen and Toubro LART.NS, Siemens SIEM.NS, which also make some defence equipment, climb 2% each

** Gains drive Nifty defence index .NIFTYINDDEFENCE 4% higher; index was down 0.25% before border clashes started

(Reporting by Kashish Tandon in Bengaluru)

(([email protected]))

March 27 (Reuters) - Zen Technologies Ltd ZETE.NS:

• GETS 1.52 BILLION RUPEES ORDER

Source text: [ID:]

Further company coverage: ZETE.NS

(([email protected];))

** Shares of defence equipment maker Zen Technologies ZETE.NS up 2.3% to 1,068.9 rupees

** Co secures third patent for T-90 Tank Simulator, a driving simulator system for military training

** Patent valid until March 24, 2042

** Stock trims YTD declines to 56%

(Reporting by Anuran Sadhu in Bengaluru)

(([email protected]; +91 8697274436;))

Feb 28 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES - SECURES PATENT FOR AUTOMATED HARD KILL FIREARM MOUNTING SYSTEM

Source text: ID:nBSE1lRGnh

Further company coverage: ZETE.NS

(([email protected];))

Feb 20 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES LTD - INVESTS $10 MILLION IN ZEN TECHNOLOGIES USA

Source text: ID:nNSE2Y4VkZ

Further company coverage: ZETE.NS

(([email protected];;))

** Shares of Zen Technologies ZETE.NS drop 20%, the lower limit of exchange-allowed trading band, to 1,080 rupees

** Defence equipment maker bagged orders worth 16.9 mln rupees in Q3FY25 vs 1.29 bln rupees worth orders in Q3FY24

** Its core profit margins narrowed to 35.9% in Q3 from 47.34% a year ago

** Stock eyes worst day since March 2020

** Over 1.3 mln shares traded, 2.1x the 30-day avg

** ZETE down ~56% YTD

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

Feb 13 (Reuters) - Zen Technologies Ltd ZETE.NS:

• LAUNCHES AI-POWERED DEFENCE SYSTEMS

Source text: ID:nNSE9MfF7p

Further company coverage: ZETE.NS

(([email protected];;))

** Shares of Zen Technologies ZETE.NS rise 4.7% to 2,585 rupees, their biggest one-day gain since Dec. 16

** Indian defence firm wins patent for its military training platform 'T-72 Containerized Crew Gunnery Simulator System'

** Stock trading above 50-, 100-, 200- day avgs for over a month, indicating bullish sentiment

** Stock rose over three-fold in 2024

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

Jan 8 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES - GRANT OF PATENT FOR "T-72 CONTAINERIZED CREW GUNNERY SIMULATOR SYSTEM"

Source text: [ID:]

Further company coverage: ZETE.NS

(([email protected];;))

** Shares of Zen Technologies ZETE.NS rise as much as 7.3% to 2,024 rupees, last up 6.6%

** Indian defense firm partners with AVT Simulation to expand in the U.S.

** Stock set to rise for an eighth straight quarter

** Stock has been above its 200-day SMA since Feb 2023, indicating bullish sentiment

** More than 743,000 shares traded, 2.2x 30-day moving avg

** Stock has more than doubled on a YTD basis

(Reporting by Anuran Sadhu in Bengaluru)

(([email protected]; +91 8697274436;))

** Shares of Indian defense firm Zen Technologies ZETE.NS gain ~2% to 1,867 rupees

** Stock jumped as much as 2.6% earlier after co inked partnership with Florida-based AVT Simulation, aiming U.S. expansion

** Co did not disclose financial details of the partnership

** YTD stock up 134% after 331% surge in 2023

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

** Shares of Zen Technologies Ltd ZETE.NS rise as much as 3.2% to 1,938.60 rupees

** Defence equipment maker reported an over four-fold YoY jump in Q2 consolidated net profit to 626.7 mln rupees ($7.45 mln); Q2 revenue also grew over three-fold

** More than 780,000 shares traded as of 12:22 p.m. IST, 2x their 30-day moving avg

** ZETE last up 0.5%, adding to YTD gains of 137.1%

($1 = 84.1050 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

By Nivedita Bhattacharjee

BENGALURU, Oct 14 (Reuters) - India has a plan to carve out a beachhead in the battle for commercial space, officials say: crunching space data, building small satellites and launching them cheaply into orbit rather than challenging heavyweights such as SpaceX head-on.

In particular, it is taking aim at providing cost-effective services and hardware to sectors such as communications, agriculture and commodities, where high-quality data is a precious resource.

At stake is a launch market worth $14.54 billion by 2031, and a related data services market pegged at $45 billion by 2030.

"The world has gone from satellites the size of a Boeing plane to the size of a laptop," said AK Bhatt, director general of the Indian Space Association, an industry body.

"This is a sector that India can win, instead of challenging heavy launches where Elon Musk has dominance. The country already has an historical advantage in data mining and interpretation."

Since February, India has opened its space sector to private players and created a 10 billion rupee ($119 million) venture fund to support space startups. It has also unveiled plans for crewed space exploration and a mission to Venus, but the focus is on developing commercial ventures.

In many ways it will be an uphill fight. Other countries such as Japan and China have advanced space industries, and designs on cheap launches. Spaceflight itself is difficult; the startup landscape globally is littered with failed boosters and satellite designs.

For India, "the tech is there and the ability is there... but space is tricky and very competitive, and while private companies have shown that they can create a niche for themselves, we need more proof of concept," said Namrata Goswami, a space policy expert at Arizona State University.

She added that the Indian government must be an "anchor customer" for private industry.

Most of the revenue growth is expected to come from so-called downstream data applications, said Pawan Goenka, chairman of IN-SPACe, India's space regulatory body.

Those involve crunching data from orbit to help improve crop yields on earth, build more accurate navigation systems, bolster telecommunications, tighten border security and fight climate change, Goenka said.

Indian companies such as Bellatrix Aerospace, Pixxel, Agnikul Cosmos, Dhruva Space and others are already building or have launched small satellites or satellite components.

India's space agency, ISRO, last month completed the third and final developmental flight for its Small Satellite Launch Vehicle. The design will then be handed to private companies.

"The end uses of Earth observation are vast," Goenka said. "What we are doing is address various parts of the puzzle."

Bengaluru-based SatSure, for example, has been providing real-time satellite data to the Airports Authority of India to enhance air traffic management and safety, helping planes avoid weather hazards. The project is expected to save 37.5 billion rupees ($446 million) in fuel costs for airlines annually by 2025 and result in a roughly 70% reduction in airport process planning timelines, the authority said.

Earth observation (EO) satellites - orbiting cameras and sensors - can unlock similar savings in other areas, said the company's chief executive, Prateep Basu.

"EO is solving problems that span across utilities, navigation, trading, industries, helping save millions of dollars," Basu said.

GOVERNMENT PUSH

Since the government opened up the market, companies big and small have jumped in, with legacy IT firms like Infosys INFY.NS investing in satellite imaging company GalaxEye Space Solutions, Google-backed GOOG.O Pixxel signing contracts with NASA, and Baring- and Promus-backed SatSure taking on clients such as HDFC Bank HDBK.NS and global seed company Syngenta.

Dhruva Space became one of the first to be handed a permit to operate satellite communication centres on earth - to date the dominion of ISRO.

"India is a software powerhouse and produces some of the best minds in the world in data science, machine learning, and artificial intelligence. The space downstream market is, at the end of the day, a software play," said Aravind Ravichandran, founder of France-based advisory firm Terrawatch Space.

The consultancy Euroconsult forecasts that between 2023 and 2032, about 26,104 small satellites - weighing less than 500 kilogrammes (1,100 lb) - will be put in orbit, averaging 1.5 tons of daily launch mass. The firm expects the overall small satellite industry to be worth $110.5 billion in the next decade.

Indian space companies have already seen an influx of funding - $126 million in 2023, a 7% increase from the $118 million raised in 2022 and an increase of 235% from the $37.6 million raised in 2021, according to Tracxn data.

But India has only about 2% of market share in commercial space activities, demand is still largely dependent on global clients, and well-established U.S., Russian and Chinese companies are formidable rivals.

"To truly make a dent, (Indian) solutions have to scale to the rest of south Asia and then to the rest of the world," said Pixxel founder and CEO Awais Ahmed.

($1 = 84.0560 Indian rupees)

(Reporting by Nivedita Bhattacharjee in Bengaluru; Editing by Gerry Doyle and Kim Coghill)

(([email protected]; Mobile: +91 9920455129; X: @tweetsfromnivi;))

** Shares of Zen Technologies ZETE.NS, Paras Defence and Space Technologies PRAF.NS, and ideaForge Technology IDEF.NS rise 2.2%, 8% and 2.1% respectively

** India's government is planning an incentive scheme for the drone sector to enhance implementation and documentation, a government official said at an industry body event

** Paras and ideaForge manufacture drones, while Zen is involved in the production of anti-drone systems

** ZETE set for biggest one-day gain in more than 2 months; more than 414,000 shares traded, highest in over 2 weeks

** Vols on PRAF at highest since late-August, with 144,000 shares traded

** PRAF up 54.5% YTD vs 125% jump in ZETE; IDEF down 17%

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

Oct 1 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES - SECURES ANNUAL MAINTENANCE CONTRACT WORTH 460 MILLION RUPEES

• ZEN TECHNOLOGIES - SECURES ANNUAL MAINTENANCE CONTRACT FROM MINISTRY OF DEFENCE

Further company coverage: ZETE.NS

(([email protected];))

Sept 30 (Reuters) - Zen Technologies Ltd ZETE.NS:

• PATENT GRANT FOR "INFANTRY VIRTUAL TRAINING SIMULATION SYSTEM"

Source text for Eikon: ID:nNSE4VWbB7

Further company coverage: ZETE.NS

(([email protected];;))

Sept 25 (Reuters) - Zen Technologies Ltd ZETE.NS:

• ZEN TECHNOLOGIES - LAUNCHES REMOTE-CONTROLLED WEAPON, SURVEILLANCE SYSTEMS

Further company coverage: ZETE.NS

(([email protected];))

** Zen Technologies ZETE.NS shares rise 3.1% to 1,843 rupees

** Defence equipment maker raises 10 bln rupees ($119 mln) via qualified institutional placement

** ZETE up 124% YTD

($1 = 83.8080 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

Aug 21 (Reuters) - Zen Technologies Ltd ZETE.NS:

• APPROVED OPENING OF QIP ON AUG 21

• SET QIP FLOOR PRICE OF 1,685.18 RUPEES PER SHARE

Source text for Eikon: ID:nBSELp0Kt

Further company coverage: ZETE.NS

(([email protected];))