Shares of Zen Technologies, a leading company in the defense simulation and anti-drone technology segment, have seen tremendous growth in the last few years. Shares of Zen Technologies have climbed more than 6500 percent in the last 4 and a half years. Shares of the defense industry company have increased from Rs 25 to over Rs 1600 during this period. Market experts say that the company's shares may see a tremendous rise. The company's shares may rise further by up to 70 percent.

Bullish target of Rs 2818 with buy rating
According to brokerage firm Nuvama Institutional Equities, the rise in Zen Technologies shares may continue. Nuvama has advised to buy Zen Technologies shares. Nuvama has started coverage of the company with a strong buy rating. The brokerage house has set a 12-month target price of Rs 2200 for the company's shares. That is, Zen Technologies shares may rise by 32% from the previous closing price of Rs 1667. The brokerage house has given a bullish target of Rs 2818 for the company's shares in the coming years. That is, the company's shares may rise by up to 70 percent. This has been said in a report by Live Mint.

Shares of Zen Technologies jumped 6500%
Shares of Zen Technologies have jumped 6532 percent in the last 4 and a half years. The shares of the defense industry company were at Rs 25.30 on 27 March 2020. Shares of Zen Technologies have reached Rs 1677.20 on 16 September 2024. In the last one year, the company's shares have seen a rise of about 122 percent. The company's shares have increased from Rs 756.90 to Rs 1670 during this period. The 52-week high level of Zen Technologies shares is Rs 1969.85. At the same time, the 52-week low level of the company's shares is Rs 650.