Defence stocks: Shares of defence sector such as Cochin Shipyard, Mazagon Dock, BEML, Apollo Micro, Zen Technologies, Paras Defence have fallen up to 48% from their 52-week lows, signalling waning of investor interest on bourses. Of late, defence stocks have witnessed volatility due to profitbooking due to high valuations, tepid Q2 earnings and easing of global tensions resulting in fading of risk premium. Advertisement

Zen Technologies

Zen Technologies is the top loser among the defence stocks falling 48.42% from its 52-week high of Rs 2627.95 reached on December 24, 2024. In the current session, Zen Technologies stock slipped 2.59% to Rs 1353.75 against the previous close of Rs 1388.70 on BSE. Market cap of the firm fell to Rs 12,223 crore on BSE. The multibagger stock has gained 59

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