Apollo Micro Systems Share: There has been a strong rise in the shares of Apollo Micro Systems, a company involved in aerospace and defense business. Shares of Apollo Micro Systems have made their new high of 52 weeks. The company’s shares rose by 20 percent on Tuesday to reach Rs 91.53.
This sharp rise in the company’s shares has come due to a big deal. Apollo Micro Systems has entered into a term loan agreement with Bajaj Finance. This agreement has been signed to avail credit facility of up to Rs 15 crore in the form of term loan.
Apollo Micro Systems Share price rise
Shares of Apollo Micro Systems have jumped by about 32% in the last 5 days. Shares of Apollo Micro Systems have reached Rs 91.53 on 31 October 2023. The shares of the defense company were at Rs 32.88 on May 2, 2023, which have now reached Rs 91.53.
The company’s shares have increased by more than 54% in the last one month. At the same time, shares of Apollo Micro Systems have increased by 179% in the last 6 months. The 52-week low level of shares of the small cap company is Rs 20.71. The market cap of the company is Rs 2132 crore.
Shares rose by more than 333% in a year
Shares of Apollo Micro Systems have jumped by more than 333% in a year. Shares of the defense company were at Rs 21.10 on November 1, 2022. Shares of Apollo Micro Systems have reached Rs 91.53 on 31 October 2023. At the same time, the company’s shares have increased by 771% in the last 3 years. Shares of Apollo Micro Systems were at Rs 10.50 on October 30, 2020, which have now reached Rs 91.53.
Apollo Micro Systems is an Indian company that focuses on designing and manufacturing electronic and electro-mechanical systems for applications in defense, aerospace, and other industries.
Yes, Apollo Micro Systems (AMS) is a publicly traded company and listed on stock exchanges. On April 1, 2017, it converted to a public company and changed its name to Apollo Micro Systems Limited.
The market capitalization of Apollo Micro Systems is Rs 3,643 Crore (as of November 2023).
Founder and Managing Director: Mr. Baddam Karunakar Reddy.