Multibagger Stock Alert: This Defence Stock Zooms 11% After Update Linked To Indian Navy: Do You Own?

Apollo Micro Systems shares rallied in Thursday's trading session after the company successfully completed the trial of driver carried mines used in the Indian Navy.

Apollo Micro Systems share price ended 11.83% higher at Rs 232.55 per share on BSE with a market capitalisation of Rs 8,308.84 crore in Thursday. The stock had touched an intraday high of Rs 238.85 per share and an intraday low of Rs 207.70 per share.

Apollo Micro Systems Completes Blast Trials For Limpet Mines.

Apollo Micro Systems on Thursday informed that it has completed blast trials for Limpet Mines. " These Limpet Mines are Diver Carried Mines used in Naval Defence. We are the only Indian Company who has successfully developed this product for Indian Navy," read a BSE filing by the company released earlier in the day.

The development, according to the firm, has positioned it as a "provider of complete spectrum of underwater Mines right from shallow waters, deep waters and Limpet Mine Categories building its strength in underwater Electronic Warfare systems. "The successful trials mean Apollo Micro Systems can now offer a broader range of underwater mines, including shallow-water, deep-water and limpet variants.

This strengthens its profile within underwater electronic warfare, an area that has gained importance as navies focus on stealth operations, sea denial strategies and protection of key maritime assets.

Last month, Apollo Micro Systems told the exchanges that a fresh batch of equity shares issued on a preferential basis to non-promoter investors had received listing and trading approval after warrant conversion. Both the National Stock Exchange and the Bombay Stock Exchange cleared these shares for trading under the existing stock symbol.

According to the disclosure, 11,696 equity shares with a face value of Re 1 each have been approved for listing. These new shares were issued at ₹114 per share, including premium, and carry the same rights on dividends, voting and other shareholder benefits as the existing equity shares of Apollo Micro Systems.

Apollo Micro Systems Share Price Trend

Apollo Micro Systems share price ended higher on Thursday. The stock had touched it's 52-week high mark of rs 354.65 per share on September 17, 2025. The stock dipped to its 52-week low mark of Rs 110 per share on April 9, 2025.

The defence stock has a return on equity of 10.2%. The stock has delivered 18.38% returns in one week. But it has declined around 15.68% since the beginning of the year 2025. The stock has delivered 108% return in one year and around 700% return in three years.