Apollo Micro Systems rises on bagging order worth Rs 6.14 crore
Apollo Micro Systems is currently trading at Rs. 95.45, up by 0.40 points or 0.42% from its previous closing of Rs. 95.05 on the BSE.
The scrip opened at Rs. 96.40 and has touched a high and low of Rs. 96.60 and Rs. 95.45 respectively. So far 26497 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 147.50 on 27-Feb-2024 and a 52 week low of Rs. 88.10 on 23-Oct-2024.
Last one week high and low of the scrip stood at Rs. 98.00 and Rs. 92.50 respectively. The current market cap of the company is Rs. 2926.98 crore.
The promoters holding in the company stood at 55.12%, while Institutions and Non-Institutions held 1.06% and 43.82% respectively.
Apollo Micro Systems has received an order worth Rs 6.14 crore from Defence Research and Development Organization (DRDO).
Earlier, the company had been declared the Lowest Bidder for orders worth Rs 21.42 crore from Bharat Electronics (BEL) and a private company.
Apollo Micro Systems offers custom built COTS (Commercially off-the shelf) solutions based on specific requirements to defence and space customers.