Market Performance
The broader market showed weakness on Friday, August 22, with the Nifty slipping 0.60% to 24,931. Despite the pressure, one stock stole the spotlight—Apollo Micro Systems share price stock market today surged up to 15%, hitting a fresh 52-week high of ₹236.40 on the NSE.
The stock opened the session at ₹206, slightly above its previous close of ₹205.23, before witnessing a sharp rally. By 10:30 AM, it was still holding strong, up nearly 13% at ₹231.85, while benchmark indices continued to trade in the red.
This sharp move came at a time when defence stocks, in general, have been showing resilience, even as broader sentiment stayed cautious.
Main News
The trigger for this sudden surge was a major order win. On August 21, during market hours, Apollo Micro Systems announced that it had secured fresh orders worth ₹25.12 crore from the Defence Research and Development Organisation (DRDO) and other defence Public Sector Undertakings (PSUs).
The company confirmed that it emerged as the lowest bidder (L1) for these projects, which are directly linked to defence manufacturing and supply. This order inflow added to the growing optimism around the stock, driving up both investor sentiment and price momentum.
Company Details & Share Price Trend
Apollo Micro Systems has been in a strong upward trajectory for weeks now. The rally is not just a one-day event but part of a consistent trend:
- 6 consecutive sessions in the green, delivering a 27% cumulative gain.
- August alone: stock is up 35%, bouncing back sharply after a 10% fall in July.
- Year-to-date 2025: delivered a robust 91% gain.
- From its 52-week low of ₹87.99 on October 23, 2024, the stock has skyrocketed nearly 170% in just 10 months.
This steady climb reflects the strong momentum in defence-linked counters, backed by rising government focus on indigenisation and self-reliance in defence technology.
Why Apollo Micro Systems Share Price is Rising?
Several factors are fueling the rally in Apollo Micro Systems:
- Order wins from DRDO & PSUs worth ₹25.12 crore.
- Favourable sentiment in defence stocks due to higher government spending and policy push.
- Export opportunities gaining traction, putting defence players under investor radar.
- Sustained market momentum with six straight sessions of gains.
The mix of strategic contracts and sector-wide tailwinds has kept Apollo Micro Systems in focus, helping it deliver outsized returns compared to the broader market.
Summary
To sum up, Apollo Micro Systems share price stock market today hit a fresh 52-week high of ₹236.40, rising as much as 15% intraday, even as the Nifty struggled in negative territory.
The rally was sparked by the company’s announcement of new defence orders worth ₹25.12 crore from DRDO and PSUs, reinforcing positive investor sentiment. With six consecutive sessions of gains, a strong monthly and yearly performance, and nearly 170% upside from its 52-week low, Apollo Micro Systems has become one of the standout stories in the defence space this year.
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