Buy Zen Technologies, target price Rs 2,400: Motilal Oswal Financial Services

Motilal Oswal reiterates a buy call on Zen Technologies, setting a target price of Rs 2,400. The brokerage projects robust growth with a 67% revenue CAGR for FY24-27, driven by strong order inflow and improved margins. Zen Technologies reported a consolidated total income of Rs 250.31 crore in Q2 FY25, with a net profit of Rs 63.44 crore.