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Small Cap Stock Announced Stock Split, Hits 52 Week High, Gave Over 320% Robust Return In 3 Years
Apollo Micro Systems Ltd., a small-cap company, has recently, on 21st January 2023, announced its stock split. The company operates in the Electronic-equipment industry. It is a pioneer in the design, development, assembly and testing of Ruggedized Custom Built Electronic Hardware & Software solutions for Mission Critical applications. The company offers solutions based on state-of-the-art technologies for the Aerospace, Space, Defence, Transportation and Home Land Security markets. It has a market capitalisation of Rs 691.54 crore.
Apollo Micro Systems' Stock performance
The Share price of Apollo Micro Systems on NSE last traded at Rs 333.05 apiece, down 3.74% from its previous close. It is trading 12.29% down from its 52 week high. It hit its 52-week high on 23 January 2023 at Rs 375.95 apiece. The stock recorded its 52-week low on 12 May 2022 at Rs 109.20 apiece, respectively.
The stock has fallen 2.52% in the past 1 week. In the past 1 month, it gained 36.19% and in the past 3 months, it gained 45.18%, respectively. It gained 133.72% in the past 1 year and in the past 3 years, it gained 323.73%, respectively. However, in the past 5 years, it has fallen 12.09%
Apollo Micro Systems' Stock Split
The Board Of Directors of Apollo Micro Systems in its regulatory filing on 21st January 2023 has said, "Approved the Sub-Division/ Split of 1 (One) Equity Share of face value of Rs. 10/- (Rupees Ten Only) fully paid up into 10 (Ten) Equity Shares of Rs. 1/- (Rupee One Only) each fully paid up, subject to the approval of the Members of the Company and regulatory/statutory approvals as maybe required. The record date for the subdivision of equity shares shall be decided by the Board and will be intimated to the exchanges."
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