Apollo Micro Systems Secures Orders Worth 180.4 Million Rupees

Apollo Micro Systems (AMS) has announced two significant developments today. The company has received orders worth 120.7 million rupees and has been declared the lowest bidder for additional orders valued at 59.7 million rupees, totaling 180.4 million rupees. This news follows a string of recent successes for AMS, including strategic partnerships and strong financial performance in Q3 FY25. The company's growing order book reflects its strong position in the defense and aerospace sectors, capitalizing on India's push for indigenous defense solutions. AMS shares responded positively to the news, with the stock trading at 120.30 rupees, up 1.02% as of this morning.

Source: Business Standard, BSE LTD.