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An update from Apollo Micro Systems Ltd. ( (IN:APOLLO) ) is now available.
Apollo Micro Systems Limited has secured orders worth INR 1,002.47 million from a private company for the supply of Unmanned Aerial Systems destined for the Ministry of Defence. The contracts, to be executed within four months in the normal course of business, enhance the company’s order book in defence-related unmanned systems and underscore its role as a key supplier to India’s defence ecosystem, with potential positive implications for revenue visibility and stakeholder confidence in the near term.
More about Apollo Micro Systems Ltd.
Apollo Micro Systems Limited operates in the defence and aerospace technology sector, focusing on the design and supply of advanced electronic systems and solutions for defence and allied applications, with a strong emphasis on meeting requirements of key government clients such as the Ministry of Defence.
Average Trading Volume: 418,671
Technical Sentiment Signal: Buy
Current Market Cap: 87.99B INR
For an in-depth examination of APOLLO stock, go to TipRanks’ Overview page.