Zen Tech hits upper circuit for 6th straight day, up 101% so far this month

Shares of Zen Technologies were locked at the upper circuit for the sixth straight trading session on Wednesday, rising over 100 per cent during the period. The rally was triggered in the stock after the company secured a new order from the Indian Air Force (IAF).

In the last five trading sessions, the stock had hit the 10 per cent upper circuit limit; however, the exchanges have revised the circuit filter to 5 per cent with effect from today. The stock of the defence is now trading at its life-time high.