Aerospace & Defense Stock Hits Upper Circuit, Rallies 111% In 3-Months

Small cap company from Aerospace & Defense industry Apollo Micro Systems Ltd shares today hit 5.00% upper circuit and recorded spurt in volume by more than 1.45 times. Last trading price of Apollo Micro Systems share on BSE is Rs 119.90 per share with intraday gain of 4.99%. The company has a market capitalisation of Rs 3,149.28 crore. Apollo Micro Systems shares rallied 111% in last 3-months only and gained 311% in last 1-year span. Check details below:

Apollo Micro Systems Stock Performance & Return: The 52-week high price of Apollo Micro Systems share on BSE is quoted at Rs 161.75 per share and 52-week low price is quoted at Rs 24.63 per share, respectively. Apollo Micro Systems shares offered return of 117% in last 6-months, gained 627% in last 2-years, and surged 870% in last 3-years.

Apollo Micro Systems Financials: The company for the quarter ended September 30, 2023 declared a surge of nearly 300% in its consolidated net profit on YoY basis to Rs 6.56 crore. It declared its net profit at Rs 1.64 crore in the corresponding quarter of last year. The company declared its revenue from operations witnessed a rally of over 55% YoY to Rs 87.16 crore for quarter under consideration as compared to Rs 56.27 crore in the corresponding quarter of last fiscal.

Apollo Micro Systems About: It was established in 1985 and emerged a pioneer in Design, Development and assembly of Custom-Built Electronics and Electro-mechanical solutions. AMS offers solutions based on state of the art technologies for Aerospace, Defense & Space as primary customers and also caters solutions for Railways, Automotive and Home Land Security markets, according to its official website.

Disclaimer:

The stock highlights rally in shares and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.