ZENTEC

Key Developments Today (June 23, 2025) 1. Board approves acquisition of TISA Aerospace Zen Technologies’ board has cleared the purchase of a 55% stake in TISA Aerospace, a firm specialising in loitering munitions and UAVs. This marks a strategic expansion into advanced defense tech. 2. Stock surges on acquisition news Shares jumped ~2% to ₹1,938.90 on the BSE after the announcement They soared ~5% to ₹1,944.60, hitting the upper circuit limit, as investors welcomed the Rs 6.56 cr deal that extends Zen’s reach beyond training systems and anti-drone tech. 3. Positive market momentum Zen Tech is among the top gainers in midcap and smallcap indices, benefiting from broader market recovery trends today. 🧠 What This Means Strategic boost: Acquiring TISA Aerospace enhances Zen’s product lineup in UAV and loitering munitions—fast-growing defense segments. Market confidence: Strong 5% intraday rally shows investor approval. Valuation context: Though the stock is still down ~20% YTD, it’s up ~40% over the past three months, suggesting a recovery trajectory