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Zen Technologies surges on receiving certification at CMMi Level 5

16 Dec 2015 Evaluate

Zen Technologies is currently trading at Rs. 103.00, up by 1.80 points or 1.78% from its previous closing of Rs. 101.20 on the BSE.

The scrip opened at Rs. 104.05 and has touched a high and low of Rs. 105.25 and Rs. 101.60 respectively. So far 20036 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 110.55 on 03-Dec-2015 and a 52 week low of Rs. 38.85 on 22-Dec-2014.

Last one week high and low of the scrip stood at Rs. 105.25 and Rs. 93.50 respectively. The current market cap of the company is Rs. 795.13 crore.

The promoters holding in the company stood at 59.44% while Institutions and Non-Institutions held 0.85% and 39.70% respectively.

Zen Technologies has been assessed and appraised at the highest maturity Level 5 of CMMI - DEV 1.3. The company would therefore be eligible to participate as IOP through eligible services which has recently been reinstated for discharge of offset obligation requiring CMMi Level 4 or above.

This appraisal validates Zen’s dedication towards 100% research and development blended with process capability based on the CMMI standards that measure continual process improvements. With this feat, Zen has become one of the very few global system engineering companies to have a data framework established and assessed for the core R&D work being carried out. The appraisal also indicates that Zen is performing at optimizing level.

Zen Technologies, over the years, has developed expertise in designing, developing and manufacturing various types of simulators. The products developed in-house not only meet all qualitative standards but also are cost-effective.

Zen Technologies Share Price

1614.35 88.60 (5.81%)
17-Apr-2026 16:59 View Price Chart
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