798% Returns In 3 Years: Why This Multibagger Defence Stock Will Be In Focus On Monday

Multibagger Stock Alert: Apollo Micro Systems is set to raise Rs 3,322 crore through fresh equity issuance and the corporate action is likely to keep defence stock buzzing in the upcoming Monday's trading session. The equity raise move came days after the defence and aerospace company signed an agreement to acquire controlling promoter stake in Premier Explosives.

Apollo Micro Systems share price closed 2.57% higher at Rs 408.85 per share on BSE with a market capitalisation of Rs 14,608.43 crore on Friday, July 10. The stock had touched an intraday high mark of Rs 417.90 per share and an intraday low mark of Rs 403.75 per share.

Apollo Micro Systems Fund Raise

The Hyderabad-based defence player is set to raise Rs 3,322 crore of fund via preferential issue of 2.28 crore equity shares and 5.69 crore equity warrants. As per Apollo Micro Systems' BSE filing, "Upto 2,28,30,902 (Two Crores Twenty Eight Lakhs Thirty Thousand Nine Hundred and Two only) Equity Shares," will be issued for an aggregate of Rs 951 crore. Additionally, "5,69,15,380 (Five Crores Sixty Nine Lakhs Fifteen Thousand Three Hundred Eighty only)" convertible equity warrants will be issued for Rs 2,371 crore (approx).

Apollo Micro Systems Share Purchase Agreement

Few days ago, the company had announced the acquisition of 41.33% stakes in Premier Explosives. In an exchange filing, the company had shared that it entered into a definitive purchase agreement to acquire the promoters' 41.33% stake in Premier Explosives through an all-cash deal valued at nearly Rs 1,550 crore.

The acquisition is likely to help Apollo Micro Systems combine its defence systems capabilities with Premier Explosives' expertise in energetic materials. If completed, the acquisition could broaden the company's manufacturing base and product mix. This can help the firm in improving its position at a competitive defence environment in India.
The deal is expected to be completed by the quarter ending December 2026. It remains subject to regulatory approvals, shareholder clearances, customary closing conditions and other required permissions. After completion, Premier Explosives is expected to become part of Apollo Micro Systems while continuing to operate under its existing brand.

Apollo Micro Systems Share Price Trend

The stock 2.57% higher at Rs 408.85 per share on BSE with a market capitalisation of Rs 14,608.43 crore on Friday, July 10. The stock dipped to its 52-week low mark of Rs 162.25 per share and its 52-week high mark of Rs 466.70 per share on July 3, 2026. The defence stock has a return on equity (ROE) of 14.21% and its share price value has surged close to 119% in one year and around 790% in three years.

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