Apollo Micro Systems Rises After Trading Approval For Preferential Shares

Apollo Micro Systems Ltd, a Hyderabad-based defence and aerospace technology firm, has once again caught investor attention with its latest trading approval. The company informed exchanges that it has received clearance from both BSE and NSE for 1,21,47,964 equity shares of ₹1 each, issued and allotted on a preferential basis to promoters and non-promoters. This development triggered a positive market response, with the stock touching an intraday high of ₹259 apiece.  

Key highlights from the announcement include  

• The company secured trading approval for 1,21,47,964 preferential equity shares.  
• Shares were allotted to both promoters and non-promoters, enhancing liquidity and capital strength.  
• Apollo Micro Systems’ stock rose nearly 2.5 percent in Friday’s session, reversing early losses.  
• The defence stock has delivered multibagger returns, soaring over 1,845 percent in the last five years.  
• Market capitalization currently stands at over ₹8,300 crore, reflecting strong investor interest.  
• The stock has a 52-week high of ₹354.65 and a low of ₹101.04, showcasing volatility but long-term growth.  
• Recent defence contracts, including a ₹150 crore order through its subsidiary, have reinforced operational momentum.  
• Analysts note that the trading approval signals confidence in the company’s expansion plans and strengthens its balance sheet.  

Apollo Micro Systems operates in critical sectors including aerospace, defence, and homeland security, providing advanced technology solutions. Its consistent order wins and strong execution pipeline have positioned it as a rising player in India’s defence manufacturing ecosystem. The latest trading approval not only boosts liquidity but also reflects the company’s ability to attract investor trust while expanding its capital base.  

With India’s defence sector witnessing increased government focus and private participation, Apollo Micro Systems is expected to remain a key beneficiary. The company’s strong fundamentals, combined with its aggressive growth strategy, continue to make it a notable small-cap multibagger in the market.  

Sources: Livemint, India TV News, Goodreturns