Zen Technologies, a Hyderabad-based defense training and anti-drone solutions provider, saw its shares rise by 2.23% to ₹1,650.40 following the approval of an arms manufacturing license by the Government of India under the Arms Act of 1959. This license enables the company to manufacture 12.7mm, 23mm, 30mm, and 40mm cannons, which are crucial for air defense and naval operations, particularly against drones and low-flying threats. The integration of these cannons with advanced fire-control systems and sensors enhances their effectiveness as last-layer defense mechanisms. This development aligns with India's efforts to bolster its indigenous defense manufacturing ecosystem under the Indigenously Designed, Developed, and Manufactured (IDDM) framework. In its recent financial results for Q3 FY26, Zen Technologies reported a 37.9% increase in consolidated net profit, amounting to ₹54.77 crore, alongside a 16.8% rise in revenue from operations to ₹177.82 crore compared to Q3 FY25.