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.
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