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Apollo Micro Systems: Stock jumps after receiving order worth ₹392.70 Million by DRDO

Apollo Micro Systems Ltd secured orders worth ₹392.7 million from DRDO and Defense PSUs and received DRDO approval for Transfer of Technology of Mechatronic Fuze for Grenade.

Introduction

Leading defense technology company has secured orders worth ₹392.7 million from DRDO and Defense PSUs and received approval for Transfer of Technology of Mechatronic Fuze for Grenade.

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Share price movement of Apollo Micro Systems

On October 16, 2025, Apollo Micro Systems Ltd opened at ₹292.20, up 0.34% from its previous close of ₹291.20. The stock reached a high of ₹301.75 (3.61%) and a low of ₹288.95. By 3:23 PM, it traded at ₹294.00, a 0.96% increase, with a market cap of ₹9,805.85 crore.

Apollo Micro Systems Secures Defense Orders

Apollo Micro Systems Limited has been declared the lowest bidder by DRDO for orders worth ₹43 million and by Defense PSUs for orders worth ₹349.7 million. Total order value is ₹392.7 million.

The company has also received approval from DRDO for the Transfer of Technology (ToT) of Mechatronic Fuze for Grenade. This update has been shared with stakeholders for record purposes.

Recent news on Apollo Micro Systems

As of September 18, 2025, Apollo Micro Systems Ltd entered an MoU with Sibersentinel Technologies and Zoom Technologies to develop advanced cybersecurity solutions for government, financial, and critical infrastructure sectors.

Stock performance of Apollo Micro Systems for Period of 1 week, 6 months, and 1 year

Apollo Micro Systems Ltd delivered a -12.4% return over the past week. The stock surged 143% in the past six months and gained 191% over the past year.

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Shareholding pattern of Apollo Micro Systems

ParticularsSep 2025Jun 2025Mar 2025
Promoter50.30%50.70%55.10%
FII8.90%7.20%0.90%
DII2%2%0%
Public39.30%40.60%44%

About Apollo Micro Systems

Apollo Micro Systems Ltd (NSE: APOLLO) specializes in designing, developing, and manufacturing electronic and electromechanical solutions for defence, including missile, naval, satellite, and avionics systems, with 700+ technologies and involvement in 150+ indigenous programs.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Apollo Micro Systems Ltd share price going up today?

A: Apollo Micro Systems Ltd share price is rising after being declared lowest bidder by DRDO and Defense PSUs for ₹392.7 million orders.

Q: What does Apollo Micro Systems Ltd specialize in?

A: Apollo Micro Systems Ltd specializes in electronic and electromechanical solutions, including defense systems, missile, naval, avionics, and satellite technologies.

Q: What is the market capitalization of Apollo Micro Systems Ltd?

A: Apollo Micro Systems Ltd has a market capitalization of ₹9,805.85 crore as per the latest trading data.

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