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This Drone Sector Entrant Multibagger Stock Has Reaped 136% Return In 1 Year

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The defence sector stock Zen Technologies is considered to be among the best drone sector stock in the country. This small cap stock is a pioneer in leading the design, development and manufacturing of the state of the art training simulators. The company's business line is into 3 segments: sale of equipment, and has a combat training centre in addition to that there is offered AMCs which are for the company's recurring revenue stream. In the drone segment, the company's offerings include Anti drone System and Heavy lift logistics drones.

 

Zen Technologies stock price trajectory

Zen Technologies stock price trajectory

The company from its 52-week low price of Rs. 66.8 per share has jumped to Rs. 257.75 per share. The company's last trading price has been Rs. 207.8 per share on the NSE. In the December ended quarter FIIs betted on the stock with their stake at 0.35%. In the September period of 2021, the stock rallied hugely more than doubling its share price primarily due to government's relaxation to help ease foray in the segment.

Company’s order pipe-line

Company’s order pipe-line

After bagging an order from Indian Air Force last year, the company has lately secured an export order worth Rs. 13.50 crore and as of now its total order book stands at Rs. 428.56 crore.

Company’s financials
 

Company’s financials

The company's revenue from operations during the quarter ended December has reduced to Rs. 12.36 crore. Also, its profit during the quarter has reduced both sequentially and year on year.

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