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Apollo Micro Systems Completes Acquisition of IDL Explosives

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Apollo Micro Systems Completes Acquisition of IDL Explosives

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The latest announcement is out from Apollo Micro Systems Ltd. ( (IN:APOLLO) ).

Apollo Micro Systems Ltd. has announced the completion of the acquisition of IDL Explosives Limited by its subsidiary, Apollo Defence Industries Private Limited. This strategic acquisition, finalized through the transfer of shares from GOCL Corporation Limited, positions Apollo Micro Systems to enhance its capabilities in the defense sector, potentially impacting its market positioning and offering new opportunities for growth.

More about Apollo Micro Systems Ltd.

Apollo Micro Systems Ltd. operates in the defense and aerospace industry, focusing on providing advanced electronic systems and solutions. The company is known for its innovative products and services tailored to meet the needs of defense and aerospace sectors.

Average Trading Volume: 1,513,602

Technical Sentiment Signal: Buy

Current Market Cap: 94.59B INR

For detailed information about APOLLO stock, go to TipRanks’ Stock Analysis page.

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