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There is good news about defense giant Zen Technologies Ltd. The company has entered into an agreement with the Government of Goa. On Friday, the company’s share price on the BSE rose 0.72 percent to Rs. closed at 759.60. Let us tell you that the share price of the company has been increasing continuously for the last one year.
50 crore initial investment
The company said on Friday that an agreement has been signed with the Goa government to build a new research and development and manufacturing centre. The company will set up this setup at Electronic Manufacturing Cluster (EMC), Tum, Goa. By Zen Technologies Limited Rs. An initial investment of 50 crores will be made.
Money doubles in 6 months
The share price of this defense sector company has seen an increase of over 12 percent in the last one month. At the same time, investors who bought this stock 6 months ago have received more than 100 percent return by holding till now. Let us tell you that till now this stock has increased by 291 percent in 1 year.
Zen Technologies Limited’s 52-week high price was Rs. 912.55 and a 52-week low of Rs. 175.50 per share. The market cap of the company is Rs 6384 crore.