Unistring Tech Solutions bags order worth ₹61 crore from Indian defence PSU

Source : Business Line

Picture : The Hindu Business Line

BSE-listed Zen Technologies’ subsidiary Unistring Tech Solutions has bagged an order worth ₹61 crore from an Indian defence PSU, according to a stock exchange filing. Zen Technologies’ shares were trading up 2.62 percent on Wednesday morning at ₹213 a piece.

The company is engaged in indigenous design, development and manufacture of sensors and simulators technology based-defence training systems Shravani Srinivas, MD, UTS said, “This is a small start and we expect larger orders to come in the future.”