Defence Stock On Fire! Apollo Micro Systems Share Price Jumps After Major Acquisition Update

Shares of Apollo Micro Systems share price surged during the Monday's trading session after the company announced subscription to 3,400 equity shares of Shauryastra Defence Systems. The defence stock has delivered 61% return in six months.

The stock was trading higher during Monday's trading session but erased most of its gains in the last minutes of the trading session. The stock was trading 0.05% lower at Rs 385 per share on BSE at 3:51 pm. The stock had touched an intraday high of Rs 397.65 per share and an intraday low of Rs 383.85 per share.

Apollo Micro Systems Business Update

Apollo Micro Systems has subscribed to 3,400 equity shares of Rs 10 each, which is equivalent to Rs 34,000. It constitutes around 34% of the paid-up equity share capital of Shauryastra Defence Systems Private Limited. The firm was incorporated on August 21, 2026.

SharyAstra

Apollo Micro Systems, recently announced the formation of ShauryAstra Defence Systems Private Limited. The new entity will help in creation with a single, audacious mandate to design and devlop complete weapon systems, long range systems and full defence platforms for the nation.

"ShauryAstra is not born to compete for what already exists. It is born with a resolve: to take up the unsolved problem statements of our Armed Forces, the operational challenges that have waited too long for indigenous answers, and to anticipate the futuristic problem statements of the battlefields of tomorrow," stated B. Karunakar Reddy.

Blue Cloud Softech Solutions Share Price Trend

The stock closed marginally lower at Rs 385.05 per share on BSE with a market capitalisation of Rs 14,308.44 crore on August 24. The stock touched its 52-week high of Rs 466.70 per share on July 3, 2026. The stock dipped to its 52-week low of Rs 180.80 per share on August 30, 2026. The stock has a return on equity (ROE) of 15.67%. Its share price value has delivered 39% return in 2026 so far and around 265% return in two years.

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