Apollo Micro Systems shares fall over 7% after 74% continuous rally - know more | Business Upturn


Apollo Micro Systems shares fall over 7% after 74% continuous rally - know more | Business Upturn

Apollo Micro Systems had witnessed an extraordinary surge in recent weeks. The stock gained around 23% in the last five trading sessions and nearly 47% in the last week alone. Over the past month, it rose by ₹129.20 per share, translating to a total gain of 76%, driven by strong momentum across the defence and aerospace sector.

The rally was supported by multiple positive developments in its aerospace, defence, and space technology portfolio. The company was recently selected as the production agency for DRDO's Multi-Influence Ground Mine (MIGM) - Vighana, and also signed a Transfer of Technology (ToT) agreement for the Omni-Directional Multi-EFP warhead used in NASM-SR Missiles.

Further, Apollo secured fresh orders worth ₹25.12 crore from DRDO and defence PSUs. Financially, Q1 FY26 results impressed the markets, with net profit doubling 110% YoY to ₹17.68 crore and revenues rising 46% YoY to ₹133.58 crore. EBITDA jumped 83% YoY to ₹40.94 crore, with margins at 31%, underlining operational efficiency.

Despite today's correction, Apollo Micro Systems remains one of the most active defence sector stocks. The stock hit a 52-week high of ₹321 recently, before retreating in Monday's session. Its market cap now stands at ₹94,49 crore, with high trading volumes reflecting continued investor interest in defence-linked counters.

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