07 Feb, 08:59 - Indian

SENSEX 78058.16 (0.00)

Nifty 50 23603.35 (0.00)

Nifty Bank 50382.1 (0.00)

Nifty IT 43020.95 (0.00)

Nifty Midcap 100 53500.85 (0.00)

Nifty Next 50 63536.7 (0.00)

Nifty Pharma 22009.05 (0.00)

Nifty Smallcap 100 17056.75 (0.00)

07 Feb, 08:59 - Global

NIKKEI 225 38893.65 (-0.44)

HANG SENG 21181.66 (1.39)

S&P 6117 (-0.02)


Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(16 Jan 2025, 11:41)

Zen Tech rises after securing design registration for 60 mm Mortar Training Simulator

Zen Technologies rallied 4.41% to Rs 2,242.65 after the company announced that it has secured successful design registration for its 60 mm Mortar Training Simulator under the Designs Act, India.


This milestone reinforces the company’s global leadership in military training technologies.

In a regulatory filing, Zen Technologies revealed that the 60 mm Mortar Training Simulator offers an immersive and realistic training experience to the mortar crews of an infantry rifle platoon. The simulator addresses critical aspects of 60 mm mortar training, such as target acquisition, simulated firing, and fire corrections, thereby ensuring mortar crews are equipped with the skills necessary for effective use of 60 mm mortars on the modern-day battlefield. Its innovative design is tailored for operational efficiency, delivering a system that is both ergonomic and user-friendly.

The cutting-edge simulator features a variety of terrains and battlefield conditions for the trainees. The easy-to-use scenario builder provides instructors with an endless array of situations for setting the training exercises. The simulator’s ability to operate indoors makes it an ideal solution for year-round training, irrespective of weather conditions or logistical challenges. It not only reduces the costs associated with live firing exercises but also enhances safety by eliminating the risks involved in conventional training methods.

The company stated that the design registration highlights Zen Technologies' commitment to indigenous innovation and development, aligning with India's vision of achieving self-reliance in defense technologies. Given the widespread use of the 60 mm mortar by militaries globally, the 60 mm Mortar Training Simulator is expected to gain significant international acceptance, further reinforcing India's position as a reliable and trusted supplier of defense equipment on the global stage.

Zen Technologies is a pioneer and leader in providing world-class, state-of-the-art Defence training and anti-drone solutions and has a proven track record in building training systems for imparting defense training and measuring the combat readiness of security forces. With a dedicated R&D (recognized by the Ministry of Science and Technology, Government of India) and production facility in Hyderabad, the company has applied for over 155 patents and shipped more than 1,000 training systems around the world.

The company reported a standalone net profit of Rs 17.34 crore in Q2 FY25, zoomed 276.18% to Rs 65.23 crore posted in Q2 FY24. Revenue from operations spiked 277.44% year on year (YoY) to Rs 241.68 crore in the quarter ended September 2024.

More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +