New Delhi, Nov. 26 -- Zen Technologies share price rallied over 3% after the company announced receipt of order from the Ministry of Defence. The small-cap defence stock gained as much as 3.27% to Rs.1,443.05 apiece on the BSE.

Zen Technologies said it has been awarded a major contract from the Ministry of Defence, Government of India, totalling Rs.108 crore (including GST) for tank crew gunnery training simulators. The order will be executed within a year.

"A TERI study showed that just 15% penetration of crew gunnery simulators saves Rs.1,123 crore annually for our armed forces - that's an 18:1 return on investment of Rs.61 crore. These aren't just training tools; they're force multipliers that free up resources for more capability bu...