Those who invested in the shares of Zen Technologies got a bumper return of 1038 percent.

New Delhi: The stock of a defense sector company has made investors rich in the stock market. The stock has given investors a whopping return of more than 50 per cent in just three days. This stock, which once traded at Rs 50, has crossed Rs 500 today. This share belongs to Zen Technologies. Talking about the last three years, this stock has jumped up to 1038 percent. On July 13, 2020, the price of one share of the company was around Rs.57. It is trading at Rs 590 level today. Even today it is seeing a boom. If an investor had invested Rs 1 lakh in Zen Technologies shares three years ago, he would have got a return of over Rs 11 lakh today. Explain that the market cap of the company is Rs 4681.95 crore.

The company has recently received orders worth Rs 160 crore from the Central Government. On the back of strong orders, Zen Technologies stocks have seen a bumper return of 40 per cent in the last few days. The company has also received orders worth Rs 340 crore from the export market. Since then, a stormy boom is being seen in the shares of Zen Technologies.

Giving information on the Rs 160 crore order received from the government, the company said that it is for the supply of entry-drone system from the Ministry of Defense. The company will have to complete this contract in 12 months i.e. 1 year.

This stock has seen a gain of 51% in 1 month. Whereas, the 6-month returns have increased by 225% i.e. more than three times. However, do not invest in any stock without consulting a financial advisor.