Shares of Hyderabad-based Apollo Micro Systems gained up to 3 percent in intraday trade on Wednesday after the company announced receipt of new orders from Defence Research and Development Organisation (DRDO) and defence public sector units.
The stock opened higher at Rs 277.50 on the NSE against the previous close of Rs 276.30 and later touched an intraday high of Rs 284.65, up 3 percent. At around 2 pm, it was trading 1.86 percent higher at Rs 281.45.
The rise in the counter came after two straight sessions of decline.
In a regulatory filing, the company said it has received cumulative orders worth Rs 184.33 million from DRDO, defence public sector undertakings and private companies in the ordinary course of business.
Apollo Micro Systems also informed the exchanges that its Board of Directors will meet on November 4 to consider and approve the un-audited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (Q3 FY2026).
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