Apollo Micro Systems Share Price Hits Fresh 52-Week High on May 29; Here’s What’s Driving the Surge

On May 29, 2025, shares of Apollo Micro Systems Ltd surged by 3.50% to trade at ₹183.40 at 10:00 AM on the NSE, gaining ₹6.20 from the previous close of ₹177.20. The stock opened at ₹183.95 and touched an intraday high of ₹193.55, marking a fresh 52-week high, while the day's low stood at ₹182.40. The Volume Weighted Average Price (VWAP) was recorded at ₹187.40.

Apollo Micro Systems Share Price Surge on Export Deal

Shares of Apollo Micro Systems saw a sharp rise of up to 13% on Wednesday, May 28, following the announcement of a major export order valued at ₹113.81 crore (approximately $13.36 million). This development significantly boosted investor sentiment and led to a rally in the stock.

In an official filing, the company disclosed that the order pertains to the development of an avionic system designed for both civil and military aircraft applications. However, due to the confidential nature of the project, further technical details remain undisclosed under a Non-Disclosure Agreement (NDA) with the client.

Apollo Micro Systems Strategic Acquisition of IDL Explosives

Earlier in May, Apollo Micro Systems completed the acquisition of IDL Explosives Ltd. in an all-cash transaction worth ₹107 crore. IDL is known for its production of packaged and bulk explosives used in mining and infrastructure sectors, expanding Apollo’s footprint into adjacent industries.

Apollo Micro Systems FY25 Financial Performance

The company recently reported a 19% increase in full-year revenue, with operating margins improving by 100 basis points year-on-year. Apollo’s order book also grew to ₹615 crore, up from ₹550 crore in the previous quarter.

During its latest earnings call, Apollo’s management shared an ambitious growth forecast, targeting a 45–50% CAGR in revenue over the next two years. Additionally, the company expects its order book to triple by year-end.

Upcoming QRSAM Orders

Apollo Micro Systems is also anticipating significant defense orders related to the Quick Reaction Surface-to-Air Missile (QRSAM) system from Bharat Dynamics Limited. These deals are expected to materialise within the next two quarters, further strengthening its defense portfolio.

Read More: Defence Stocks Rally: Garden Reach, Mazagon and More Shine as Nifty Defence Hits New High.

Conclusion

Apollo Micro Systems’ recent performance reflects a combination of strategic developments, including a major export order, acquisition activity, and solid financial results. The company’s expanding order book and involvement in defense and aerospace sectors highlight its diversified operations. As regulatory filings and market disclosures continue, stakeholders will be observing how these initiatives unfold in the coming quarters.

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