Rs 102 Defence Stock Bags Order From BEL, Shares Gain 1388% In 5-Yrs

Small cap company engaged in Aerospace & Defense industry Apollo Micro Systems Ltd shares today zoomed 1.58% after the company bagged Rs 28.74 crore orders from Bharat Electronics Limited (BEL). Current market price of Apollo Micro Systems shares on BSE stood at Rs 102.70 per share. The company's market capitalisation stood at Rs 3147.65 crore. Apollo Micro Systems shares offered stunning returns of 1388% in last 5-years but slipped over 14% so far in 2024. Key details below:

Apollo Micro Systems Ltd Bags Order From BEL: As per the exchange filing of Apollo Micro Systems Ltd dated October 10, 2024, "We are pleased to inform that the company has been declared as the Lowest Bidder (L1) for orders worth Rs. 28.74 crores from Bharat Electronics Limited (BEL) and CNA (OF) Pune, Indian Navy. The order from BEL is a proprietary order."

Apollo Micro Systems Stock Performance & Return: The 52-week high price of Apollo Micro Systems share on BSE is quoted at Rs 161.75 per share (as on 20/11/2023) and 52-week low price is quoted at Rs 63.35 per share (as on 13/10/2023), respectively. Apollo Micro Systems shares fell more than 6% in last 6-months, but gained 54% in last 1-year, zoomed 448% in last 2-years, and surged 753% in last 3-years.

Shareholding Pattern: According to data available at Trendlyne, FII/FPI have decreased holdings from 11.14% to 7.42% in June 2024 quarter. Number of FII/FPI investors decreased from 9 to 8 in June 2024 quarter. Institutional Investors have decreased holdings from 11.15% to 7.42% in June 2024 quarter.

Apollo Micro Dividend History: Apollo Micro Systems announced 6 dividends since November 15, 2018. In last 1-year, Apollo Micro Systems recommended an equity dividend amounting to Rs 0.05 per share.

Apollo Micro Systems About: It was established in 1985 and emerged a pioneer in Design, Development and assembly of Custom-Built Electronics and Electro-mechanical solutions. AMS offers solutions based on state of the art technologies for Aerospace, Defense & Space as primary customers and also caters solutions for Railways, Automotive and Home Land Security markets, according to its official website.

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