Shares of this defence company have zoomed 76% in 9 days

Shares of Zen Technologies were locked in the 20 per cent upper circuit band at Rs 139.80 on the BSE on Thursday, with more than 18 per cent equity of the company having changed hands. The stock of the defence firm has surged 44 per cent in the past two trading days after the company announced that it has secured orders worth Rs 211 crore during April-June (Q1FY22) quarter.

"Order book as on September 01, 2021, stands at Rs 402.6 crore as against an order book of Rs 191.6 crore on 30th June 2021," Zen Technologies said in exchange filing on Wednesday.