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The total order value includes Rs 332 crore for the supply of Anti-Drone Systems / Counter Unmanned Aerial Systems (C-UAS) and Rs 72 crore for training simulators and equipment.
The orders are expected to be executed within one year. The company clarified that none of its promoters or members of the promoter group have any interest in the awarding entity and that the contracts do not fall under related-party transactions as per applicable regulatory norms.
Zen Technologies provides defence training and anti-drone solutions. It builds training systems for imparting defense training and measuring combat readiness of security forces. With a dedicated R&D (recognized by the Ministry of Science and Technology, Government of India) and production facility in Hyderabad, the company has applied for over 180+ patents and shipped more than 1,000 training systems around the world.
On a consolidated basis, the company’s net profit stood at Rs 59.4 crore in Q2 FY26, down 5.2% year-on-year from Rs 62.7 crore in Q2 FY25, though it rose 24.4% sequentially from Rs 47.8 crore in Q1 FY26. Total revenue came in at Rs 198.9 crore, declining 20.6% YoY from Rs 250.3 crore a year earlier, but up 10.5% QoQ from Rs 180 crore in Q1 FY26.
Zen Technologies Ltd, Bharti Hexacom Ltd, HDFC Asset Management Company Ltd, CG Power & Industrial Solutions Ltd are among the other stocks to see a surge in volumes on BSE today, 16 January 2026.
Sun Pharmaceutical Industries Ltd saw volume of 10.12 lakh shares by 10:46 IST on BSE, a 9.33 fold spurt over two-week average daily volume of 1.08 lakh shares. The stock dropped 1.03% to Rs.1,683.00. Volumes stood at 89093 shares in the last session.
Zen Technologies Ltd clocked volume of 2.79 lakh shares by 10:46 IST on BSE, a 8.53 times surge over two-week average daily volume of 32722 shares. The stock gained 8.09% to Rs.1,327.85. Volumes stood at 34570 shares in the last session.
Bharti Hexacom Ltd recorded volume of 3.06 lakh shares by 10:46 IST on BSE, a 5.73 times surge over two-week average daily volume of 53492 shares. The stock lost 1.93% to Rs.1,607.60. Volumes stood at 2.59 lakh shares in the last session.
HDFC Asset Management Company Ltd saw volume of 2.53 lakh shares by 10:46 IST on BSE, a 4.58 fold spurt over two-week average daily volume of 55278 shares. The stock increased 3.97% to Rs.2,656.10. Volumes stood at 1.94 lakh shares in the last session.
CG Power & Industrial Solutions Ltd witnessed volume of 10.8 lakh shares by 10:46 IST on BSE, a 4.58 times surge over two-week average daily volume of 2.36 lakh shares. The stock dropped 0.30% to Rs.575.20. Volumes stood at 1.29 lakh shares in the last session.
Zen Technologies Ltd, Federal Bank Ltd, HBL Engineering Ltd, Leela Palaces Hotels & Resorts Ltd are among the other stocks to see a surge in volumes on NSE today, 16 January 2026.
Indiamart Intermesh Ltd witnessed volume of 10.29 lakh shares by 14:14 IST on NSE, a 12.62 times surge over two-week average daily volume of 81530 shares. The stock increased 8.32% to Rs.2,290.50. Volumes stood at 3.4 lakh shares in the last session.
Zen Technologies Ltd saw volume of 36.09 lakh shares by 14:14 IST on NSE, a 11.13 fold spurt over two-week average daily volume of 3.24 lakh shares. The stock increased 5.96% to Rs.1,301.30. Volumes stood at 2.34 lakh shares in the last session.
Federal Bank Ltd recorded volume of 533.38 lakh shares by 14:14 IST on NSE, a 6.28 times surge over two-week average daily volume of 84.87 lakh shares. The stock gained 8.22% to Rs.267.15. Volumes stood at 112.88 lakh shares in the last session.
HBL Engineering Ltd registered volume of 103.93 lakh shares by 14:14 IST on NSE, a 5.97 fold spurt over two-week average daily volume of 17.39 lakh shares. The stock slipped 9.36% to Rs.796.05. Volumes stood at 23.05 lakh shares in the last session.
Leela Palaces Hotels & Resorts Ltd notched up volume of 19.3 lakh shares by 14:14 IST on NSE, a 5.71 fold spurt over two-week average daily volume of 3.38 lakh shares. The stock slipped 0.38% to Rs.450.55. Volumes stood at 5.23 lakh shares in the last session.
The company also clarified that neither its promoters nor the promoter group have any interest in the awarding authority, and the transaction does not qualify as a related-party deal under regulatory norms.
Commenting on the development, Ashok Atluri, Chairman and Managing Director, Zen Technologies, said, “India's first Combat Training Node isn't just about 60+ training simulators and solutions—it's proof that indigenous R&D can deliver world-class capability when policy supports it. Late Mr. Manohar Parrikar got it: companies with R&D DNA and combat-proven systems are national strategic assets, not just vendors. The CTN will deliver what every defense procurement should: faster readiness, lower costs, and home-grown technology that gives India an edge. This is what Atmanirbhar Bharat looks like when you prioritize IP over just manufacturing. The CTN represents a shift in how India approaches defense training, from importing foreign systems to building battle tested indigenous capability that can be exported globally. With rapid feedback cycles, companies like Zen can iterate based on operational lessons, something foreign vendors constrained by ITAR restrictions and commercial considerations simply cannot match.'