Apollo Micro Systems share price (NSE: APOLLO) climbed nearly 3% to ₹279.55 during intraday trade on January 1, following a major order win by its subsidiary. The stock reacted positively as investors welcomed fresh business inflows.
The rally came after Apollo Defense Industries, a subsidiary of Apollo Micro Systems, signed a ₹150-crore contract with a private company. The company confirmed that the deal was signed in the normal course of business.
Just a day earlier, another subsidiary, IDL Explosives, secured a large order worth ₹419.39 crore to supply bulk explosives to subsidiaries of Coal India. It also received a small export order worth ₹1.5 crore for cartridge explosives.
Earlier in December, the company had also announced a ₹100.25-crore order from a private firm for supplying Unmanned Aerial Systems to the Ministry of Defence.
With these fresh contracts, Apollo Micro Systems’ order book stood at ₹7,850 crore at the end of the September quarter. A strong and growing order pipeline improves revenue visibility and supports earnings stability in the coming quarters.
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The defence stock has gained nearly 5% in the last five sessions. It is up 3% over one month, 44% in six months, and 129% over one year. Over the last five years, the stock has delivered exceptional multibagger returns of over 2,100%.
The stock hit a 52-week high of ₹354.65 in September 2025 and a 52-week low of ₹101.05 in April 2025.
Apollo Micro Systems continues to benefit from steady defence order wins through its subsidiaries. A robust order book and strong execution visibility have kept investor sentiment positive, supporting the recent rise in the stock price.
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Published on: Jan 1, 2026, 12:29 PM IST

Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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