Apollo Micro Systems share price jumped by nearly 2% following important news about its collaboration with the DRDO. This partnership signals a big step forward for India's defence technology sector and has caught the attention of investors.
At 1:28 PM, Apollo Micro Systems share price was up 1.35% and was trading at ₹266.35.
Apollo Micro Systems received official approval from DRDO to become the production agency for the Multi-Influence Ground Mine – Vighana. This approval is a significant achievement for the company and highlights its growing role in defence manufacturing.
Along with this, DRDO also agreed to transfer the technology for the Omni-Directional multi-EFP warhead to Apollo Micro Systems. This warhead is a key part of the Naval Anti-Ship Missile – Short Range (NASM-SR), which is designed to be launched from helicopters and naval platforms to target enemy ships at short distances.
Apollo Micro Systems has delivered strong returns to its investors over the past year. The stock price has increased by 157.66% in the last 12 months and surged 133.11% since the start of this year. Over the last 5 years, the company’s stock has gained an impressive 2,161.82%, showing consistent growth and rising investor confidence.
Here is a summary of the stock’s historical returns:
Period | Return |
1 Month | +57.59% |
6 Months | +142.97% |
1 Year | +157.50% |
5 Years | +2,161.82% |
Apollo Micro Systems’ share price has risen sharply following key approvals from DRDO, marking a major step for the company in India’s defence technology space. The collaboration on the Multi-Influence Ground Mine and the Omni-Directional warhead technology transfer adds to the company’s growth story.
While the stock’s long-term performance has been strong, investors should consider the stock’s current valuation before making any investment decision.
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Published on: Sep 1, 2025, 1:35 PM IST
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