Zen Technologies, a manufacture of training simulators, witnessed a rise in share prices on Friday after the company announced the orders worth Rs 1.71 billion are pending with the company. Of the total, annual maintenance contracts (AMCs) accounts for Rs 827.4 million. It expects to execute orders worth Rs 850 million within next 2 to 3 quarters.
Shares of the company are trading at Rs 129.50, up Rs 21.55, or 19.96% at the Bombay Stock Exchange (BSE) on Friday at 10:12 a.m.
The scrip has touched an intra-day high of Rs 129.50 and low of Rs 125. The total volume of shares traded at the BSE is 6,017.