Zen Technologies stock soared 18,998% over 12 years

Zen Technologies, a drone maker, saw its share price drop nearly 3% on Thursday on the Bombay Stock Exchange (BSE), despite overall positive market trends. This comes as the company's stock has experienced significant volatility recently. The company’s shares have grown dramatically over the last 12 years. In 2013, the stock was priced at ₹6.65. Today, it trading at ₹1270, marking an increase of about 18,998%. An investment of ₹1 lakh a dozen years ago would now be worth around ₹1.91 crore. In the past five years, the stock surged by 4,093.32%. It also performed well over the last year, rising over 40%. However, the stock has been unstable recently, declining more than 26% in the past six months, although it has gained about 12.77% over the past month. For Q3 of FY25, Zen Technologies reported a 22% increase in its standalone profit after tax, totaling ₹38.62 crore compared to ₹31.67 crore last year. However, this reflects a drop of 40.8% from the previous quarter. Operating revenue rose significantly, reaching ₹141.52 crore, a 44% increase from last year. The company is on track to meet its revenue target of ₹900 crore for FY25. Zen Technologies specializes in creating training simulators and anti-drone systems for various sectors, including the military and civilian markets. Investors should conduct thorough research or consult with experts before making any investment decisions.