Apollo Micro Systems zooms on completing blast Trials for Limpet Mines
Apollo Micro Systems is currently trading at Rs. 233.95, up by 26.00 points or 12.50% from its previous closing of Rs. 207.95 on the BSE.
The scrip opened at Rs. 209.75 and has touched a high and low of Rs. 238.85 and Rs. 207.70 respectively. So far 806748 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 354.65 on 17-Sep-2025 and a 52 week low of Rs. 110.35 on 09-Apr-2025.
Last one week high and low of the scrip stood at Rs. 238.85 and Rs. 191.45 respectively. The current market cap of the company is Rs. 8451.75 crore.
The promoters holding in the company stood at 51.98%, while Institutions and Non-Institutions held 6.26% and 41.76% respectively.
Apollo Micro Systems has successfully completed blast Trials for Limpet Mines. These Limpet Mines are Diver Carried Mines used in Naval Defence. It is the only Indian company who has successfully developed this product for Indian Navy.
This is a remarkable Milestone for the company positioning it to be a provider of complete spectrum of underwater Mines right from Shallow waters, Deep Waters and Limpet Mine Categories building its strengths in underwater Electronic Warfare systems.
