Zen Technologies Ltd Stock Research

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Zen Technologies Ltd Detail

Zen Technologies Limited is in portfolio of Ajay Upadhyay. He is one of the top investors in India. The company belongs to Defense sector. 

As per the Company website it designs, develops and manufactures state-of-the-art combat training solutions for the training of defense and security forces worldwide. It produces over 40 different Live Fire, Live Instrumented, Virtual and Constructive training systems to support individual and collective training capabilities.

It has around 90 patents. The Company has head quarter in Hyderabad and offices in India and US. The Company products is divided into four parts as below

  • Live Ranges
  • Live Simulation
  • Virtual Simulation
  • Combat Training Center and War Gaming solutions

It has shipped around 1,000 trainings systems across the World.

I have shared long term price performance chart of the Company below.As per Dow theory of technical analysis price performance over a period of time reflects Company state.

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Zen Technologies Limited Stock Performance

The stock get listed in year 2011 at listing price of 13 INR. The stock has not performed after IPO listing and slowly went down hill over next 3 years. The stock started trading in single digit in year 2014.

Like most companies listed on stock exchanges this one also got recent bull run and zoomed past 100 mark in short span of time. It has corrected from higher levels and has been trading in range of 50 to 75. People should wait for the stock to consolidate further before making any decision about it.

Zen Technologies Limited My Opinion

Zen Technologies Limited is a Defense Company. It is unique Company in its right and there are not many companies catering to this niche. It develops training simulators for Defense forces.

Whatever any one claims or says about peace initiatives or other similar concepts like there will not be a war in future as World knows it will be devastating. The reality is War or No War countries will continue to spend money on Wars and train their armies for it.

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The spending on Defense is increasing World wide and it is more than age old combat. Technology plays a vital role in modern war fare. Terrorism will be major force which countries will try to eliminate or deal with in coming days.

For me this Company looks interesting. It is worth tracking this Company and get more details about the application of different products it builds. It may be interesting play going forward.

In case you are interested then you can track the company by adding it to your stock watch list. That way you can keep close eye on the Company.


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