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Zen Technologies Shares Hit 20% Lower Circuit Amid Q3 Results and Strategic Acquisitions

Written by: Team Angel OneUpdated on: Feb 17, 2025, 4:03 PM IST
Zen Technologies' shares hit a 20% lower circuit at ₹1,080 post-Q3 results, despite growth YoY. The firm also announced acquisitions in UAV propulsion and robotics.
Zen Technologies Shares Hit 20% Lower Circuit Amid Q3 Results and Strategic Acquisitions
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Shares of Zen Technologies Limited were locked in a 20% lower circuit at ₹1,080 on February 17, 2025, following the release of its Q3 financial results. While the company’s earnings reflected year-on-year growth, a sequential decline compared to the previous quarter contributed to investor concerns.

Despite this short-term market reaction, Zen Technologies has made significant strategic moves, announcing the acquisitions of Vector Technics Private Limited and Bhairav Robotics Private Limited. These investments aim to enhance its position in UAV propulsion, autonomous robotics, and aerospace components, reinforcing its role in India’s defence technology landscape.

Key Details of the Acquisitions

Vector Technics Private Limited

Zen Technologies has acquired a 51% controlling stake in Vector Technics, a company specialising in propulsion and power distribution solutions for drones and UAVs. This acquisition expands Zen’s footprint in aerospace components, enabling it to cater to the growing demand in global drone and robotics markets.

Bhairav Robotics Private Limited

The company has also acquired a 45.33% stake in Bhairav Robotics, a specialist in autonomous robotic systems and defence technology. Bhairav Robotics is known for developing quadrupedal robots and autonomous weapon systems, aligning with Zen Technologies’ focus on ‘Made in India’ innovation in the defence sector.

Strategic Growth Amid Market Challenges

Zen Technologies’ latest acquisitions are designed to strengthen India’s self-reliance in defence manufacturing while expanding its global presence in next-generation warfare solutions.

Chairman & Managing Director, Ashok Atluri, commented on the developments, stating: “These strategic acquisitions mark a significant step in our mission to build a self-reliant and globally competitive defence ecosystem. By integrating cutting-edge robotics, propulsion, and aerospace technologies, we are not only strengthening India’s defence capabilities but also positioning Zen Technologies as a leader in next-generation defence innovation.”

While the Q3 results triggered a negative market reaction, Zen Technologies remains focused on long-term growth and innovation.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 17, 2025, 4:03 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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