1:10 Stock Split: Aerospace & Defence Stock Hits Upper Circuit, Rallies 371% In 1-Year

Small cap company from Aerospace & Defence industry Apollo Micro Systems Ltd shares today hit 5.00% upper circuit and witnessed spurt in volume by more than 2.28 times. Current market price of Apollo Micro Systems shares on BSE is Rs 140.00 apiece with intraday dip of 0.36%.Its market capitalisation is Rs 3,953.02 crore. Apollo Micro Systems shares witnessed gain of 148% in last 6-months. Check details below:

Apollo Micro Stock Split History: Apollo Micro Systems Ltd split the face value one time since May 4, 2023. Apollo Micro Systems last split the face value of its shares from Rs 10 to Re 1 in 2023. The share has been quoting on an ex-split basis from May 4, 2023, as per Trendlyne data.

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 147% in last 6-months, surged 371% in last 1-year, rose 1057% in last 2-years, and rallied 1186% in last 3-years.

Apollo Micro Systems Financials: The company for the quarter ended December 31, 2023 declared its net profit at Rs 6.60 crore, as per the BSE filing. Total income soared to Rs 91.84 crore for the December 2023 quarter from Rs 82.69 crore in the corresponding quarter of last year. The expense came at Rs 77.46 crore for the quarter under review as compared to Rs 71.73 crore in the similar quarter of last year.

The company stated it has incorporated a new subsidiary Apollo Defence Industries Private Limited on 21 September 2023 and holds 76% control in the subsidiary. The new subsidiary was considered for consolidation of the quarter and the period ended 31 December 2023.

Earlier on February 19, Apollo Micro Systems held foundation stone laying and groundbreaking ceremony for integrated plant for Ingenious Defence Systems (IPiDS).

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.