Apollo Micro Systems Share Price in Focus Ahead of Board Meeting

Incorporated in 1985, Apollo Micro Systems Limited (AMS) is a Hyderabad-based company known for its expertise in electronic, electromechanical, and engineering design. AMS provides comprehensive end-to-end solutions, including design, assembly, and testing, catering to diverse industry needs.

Core Business Focus and Expertise

AMS specialises in designing and manufacturing mission-critical solutions for the Aerospace, Defence, Space, and Homeland Security sectors. Its offerings include:

• Weapons handling systems
• Homeland security solutions
• Space operation technologies
• Secure communication systems
• Electronic warfare tools
• Air defence systems

The company also provides customised Commercial Off-the-Shelf (COTS) solutions tailored to defence and space clients’ specific requirements.

Commitment to Innovation and Reliability

AMS develops high-performance products designed to withstand harsh environmental conditions, ensuring reliability in defence and space applications. The solutions are integral to development trials and are qualified for integration into production-phase supply chains.

Upcoming Board Meeting

The Board of Directors of AMS is scheduled to meet on January 9, 2025, at its Hyderabad office. The agenda includes considering the issuance of equity shares and/or convertible securities, including warrants, on a preferential basis. 

Recent Order from DRDO

AMS recently secured an order worth ₹6.14 crore from the Defence Research and Development Organisation (DRDO). 

Stock Performance Update

The share price of Apollo Micro Systems Limited touched an intraday high of ₹141 on the NSE. However, as of 11:17 AM, the stock tumbled nearly 7%, trading close to its day’s low at ₹128.

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