Defence Stock
Defence stocks crash! Zen Technologies tanks 45% and BEML plunges amid heavy selling pressure
Mumbai/IBNS: Shares of defence sector firms Zen Technologies and BEML have witnessed significant declines so far in 2025, according to media reports.
Zen Technologies’ stock has fallen 45%, while BEML has slipped 19% this year.
BEML’s stock is currently down 32% from its 52-week high of ₹2,437.73, recorded on June 23, 2025, Business Today reported.
The PSU major’s Relative Strength Index (RSI) of 25.9 indicates strong selling pressure.
In contrast, Zen Technologies’ RSI stands at 45.2, suggesting the stock is neither oversold nor overbought.
On Thursday, both stocks traded flat on the BSE, with BEML at ₹1,657 and Zen Technologies at ₹1,356.55.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
