Zen Technologies secures a Rs 152 crore order from the Ministry of Defence for an Integrated Air Defence Combat Simulator. This new contract underscores the company’s innovative capabilities and its focus on developing indigenous technologies for defence forces. Shares target an average price of Rs 1,740 with a ‘Strong Buy’ recommendation.
BofA initiates coverage on Polycab, KEI with buy ratings; sees up to 22% upside
BofA expects India’s wires and cables industry to grow at a 14% compound annual rate between FY26 and FY29, supported by spending on infrastructure, renewable