Shares of Zen Technologies surged 9% on 16 January after the company announced securing an order worth Rs 404 crore from the Ministry of Defence. 

The company said the order includes Rs 332 crore for supplying anti-drone and counter-unmanned aerial systems (C-UAS) and Rs 72 crore for training simulators and related equipment (TSE), as disclosed in its exchange filing.

Zen Technologies plans to complete the entire order within one year, the filing added.

This development follows the Indian Patent Office granting Zen Technologies an Indian patent for its 60-mm Mortar Simulator. With this approval, the defence company now holds 57 Indian patents, 85 patents globally, and has secured its eighth patent in the calendar year 2025.

Zen Technologies said the 60-mm Mortar Simulator provides a complete, end-to-end training solution for high-angle firing weapons, including mortar systems. The system combines a realistic weapon structure with advanced sensor assemblies, precise azimuth and elevation controls, recoil simulation, and computer-generated battlefield scenarios.

According to the company, the simulator accurately recreates real operational conditions while enabling safe, indoor, and all-weather training, eliminating the need for live ammunition or outdoor firing ranges.

At 3:30 pm, the shares of Zen Technologies closed 7.87% higher at Rs 1,324.70 on NSE.

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