Apollo Micro Systems trades jubilantly on bagging orders worth Rs 7.52 crore
Apollo Micro Systems is currently trading at Rs. 118.30, up by 5.65 points or 5.02% from its previous closing of Rs. 112.65 on the BSE.
The scrip opened at Rs. 115.00 and has touched a high and low of Rs. 119.00 and Rs. 114.50 respectively. So far 109213 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 157.00 on 21-Jan-2025 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. 119.00 and Rs. 101.05 respectively. The current market cap of the company is Rs. 3647.23 crore.
The promoters holding in the company stood at 55.12% while Institutions and Non-Institutions held 1.61% and 43.28% respectively.
Apollo Micro Systems has secured orders worth Rs 7.52 crore from DRDO, Public Sector Undertaking (PSU) and a private company. In addition, the company has also been declared the Lowest Bidder for orders worth Rs 11.48 crore from DRDO & PSU.
Earlier, the company had secured orders worth Rs 12.07 crore from a private company and had been declared the lowest bidder for orders worth Rs 5.97 crore from Ministry of Defence.
Apollo Micro Systems offers custom built COTS (Commercially off-the shelf) solutions based on specific requirements to defence and space customers.
