Reason behind $ZENTEC 7% rise in stock price?

The rally came after $ZENTEC received a significant order worth around ₹152 crore from the Ministry of Defence for its Integrated Air Defence Combat Simulator (IADCS) for the L70 gun platform. The simulator is designed to strengthen air defence training capabilities for the Indian armed forces, further boosting its presence in the defence-tech segment. The order reinforces Zen Technologies’ strong positioning in military simulation and combat training solutions. The stock has remained in focus amid rising government emphasis on indigenous defence manufacturing and modernization under the “Make in India” initiative.