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This aerospace and defence company's shares in focus today, Check details here
This aerospace and defence company's shares in focus today, Check details here

India.com

time5 days ago

  • Business
  • India.com

This aerospace and defence company's shares in focus today, Check details here

शेयर बाजार भी पाकिस्तान से कई गुना बड़ा Shares of aerospace and defence company Apollo Micro Systems Ltd (AMSL) are in focus today as the company has informed exchanges that its board of directors has considered and approved the allotment of 2.70 crore equity shares on a preferential basis. The counter opened in the green today at Rs 198.55 on the BSE against the previous close of Rs 197.20. It reached a high of Rs 201, a 1.92 per cent gain from the last trading price. However, it fell later amid profit booking and touched the intraday low of Rs 191. Last seen, it was trading at Rs 196.25. Earlier on Monday, the stock hit a fresh 52-week high of Rs 202. The 52-week low of the counter is Rs 88.10. Issue Price of Equity Shares According to the company's information, the issue price of these equity shares is Rs 114 each, including a Premium of Rs 113 per share. This aggregates to 308.28 crore. 'The company has received subscription money of Rs. 308,28,89,916/—against the issue of 2,70,42,894 Equity Shares,' the filing reads. Convertible Equity Warrants The board has also approved the allotment of 3.80 core convertible equity warrants on a preferential basis at an issue price of Rs 114, aggregating to Rs 108.4 crore. Signs MoU with Munitions India Earlier, the company signed a promising agreement with state-owned Munitions India. This partnership is set to develop advanced defence systems, positioning the company for growth in both domestic and international markets. 'As part of the Memorandum of Understanding (MoU), both entities will identify and pursue opportunities for the design, development, and deployment of advanced defence technologies,' the company said in a regulatory filing. The Hyderabad-based company has also solidified its position in the market by forming a strategic alliance with Troop Comforts. This agreement involves joint manufacturing, marketing, and development of advanced air-defence systems, including anti-drone and anti-aircraft solutions.

Ravindra Energy Ltd leads gainers in 'B' group
Ravindra Energy Ltd leads gainers in 'B' group

Business Standard

time28-05-2025

  • Business
  • Business Standard

Ravindra Energy Ltd leads gainers in 'B' group

Precision Camshafts Ltd, OCCL Ltd, Apollo Micro Systems Ltd and State Trading Corporation of India Ltd are among the other gainers in the BSE's 'B' group today, 28 May 2025. Precision Camshafts Ltd, OCCL Ltd, Apollo Micro Systems Ltd and State Trading Corporation of India Ltd are among the other gainers in the BSE's 'B' group today, 28 May 2025. Ravindra Energy Ltd soared 19.98% to Rs 143.5 at 11:59 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 2.41 lakh shares were traded on the counter so far as against the average daily volumes of 22096 shares in the past one month. Precision Camshafts Ltd surged 14.42% to Rs 195.95. The stock was the second biggest gainer in 'B' group. On the BSE, 1.65 lakh shares were traded on the counter so far as against the average daily volumes of 17922 shares in the past one month. OCCL Ltd spiked 13.07% to Rs 97.27. The stock was the third biggest gainer in 'B' group. On the BSE, 1.78 lakh shares were traded on the counter so far as against the average daily volumes of 10507 shares in the past one month. Apollo Micro Systems Ltd jumped 11.17% to Rs 173.2. The stock was the fourth biggest gainer in 'B' group. On the BSE, 20.37 lakh shares were traded on the counter so far as against the average daily volumes of 13.61 lakh shares in the past one month. State Trading Corporation of India Ltd spurt 10.82% to Rs 152.15. The stock was the fifth biggest gainer in 'B' group. On the BSE, 59515 shares were traded on the counter so far as against the average daily volumes of 16692 shares in the past one month. Powered by Capital Market - Live News

Aurum Proptech Ltd leads gainers in 'B' group
Aurum Proptech Ltd leads gainers in 'B' group

Business Standard

time27-05-2025

  • Business
  • Business Standard

Aurum Proptech Ltd leads gainers in 'B' group

Venus Remedies Ltd, Apollo Micro Systems Ltd, India Pesticides Ltd and IVP Ltd are among the other gainers in the BSE's 'B' group today, 27 May 2025. Venus Remedies Ltd, Apollo Micro Systems Ltd, India Pesticides Ltd and IVP Ltd are among the other gainers in the BSE's 'B' group today, 27 May 2025. Aurum Proptech Ltd surged 12.10% to Rs 208 at 12:02 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 28152 shares were traded on the counter so far as against the average daily volumes of 4084 shares in the past one month. Venus Remedies Ltd spiked 11.39% to Rs 403.5. The stock was the second biggest gainer in 'B' group. On the BSE, 53944 shares were traded on the counter so far as against the average daily volumes of 2088 shares in the past one month. Apollo Micro Systems Ltd soared 10.84% to Rs 153.85. The stock was the third biggest gainer in 'B' group. On the BSE, 23.21 lakh shares were traded on the counter so far as against the average daily volumes of 12.28 lakh shares in the past one month. India Pesticides Ltd rose 10.55% to Rs 189.6. The stock was the fourth biggest gainer in 'B' group. On the BSE, 1.46 lakh shares were traded on the counter so far as against the average daily volumes of 25152 shares in the past one month. IVP Ltd exploded 10.55% to Rs 190.75. The stock was the fifth biggest gainer in 'B' group. On the BSE, 6997 shares were traded on the counter so far as against the average daily volumes of 3412 shares in the past one month.

Apollo Micro Systems Limited Announces Results for Q4FY25 and FY2025, APOLLO MICRO SYSTEMS LTD REPORTS HIGHEST EVER REVENUE AND PAT FOR THE FISCAL 2025
Apollo Micro Systems Limited Announces Results for Q4FY25 and FY2025, APOLLO MICRO SYSTEMS LTD REPORTS HIGHEST EVER REVENUE AND PAT FOR THE FISCAL 2025

Business Standard

time24-05-2025

  • Business
  • Business Standard

Apollo Micro Systems Limited Announces Results for Q4FY25 and FY2025, APOLLO MICRO SYSTEMS LTD REPORTS HIGHEST EVER REVENUE AND PAT FOR THE FISCAL 2025

VMPL Hyderabad (Telangana) [India], May 24: Apollo Micro Systems Limited (NSE: APOLLO | BSE: 540879), is an electronic, electromechanical and engineering design, manufacturing and supplies company, today announced its standalone and consolidated results for the Fourth Quarter (Q4) and Full Year (FY) ended 31st March 2025. Baddam Karunakar Reddy, Managing Director, Apollo Micro Systems Limited, said: "FY25 has been a landmark year for Apollo Micro Systems Ltd -- marking our strongest performance to date. We achieved a significant milestone with revenue reaching Rs562.07 crore, representing a robust 51.24% year-on-year growth. EBITDA stood at Rs132 crore, reflecting a 54% increase YoY, with a healthy EBITDA margin of 23.50%. Net profit surged by 81.18%, in line with our annual guidance. What we commit, we deliver. These results are a testament not just to numbers, but to the strength of our robust order book, the successful execution of strategic defence programs, and the seamless transition of several high-value products into the production phase. In a business defined by tailored, complex, and mission-critical solutions, sequential (quarter- on-quarter) comparisons often fail to reflect the true picture. Product mix and delivery cycles vary significantly based on client-specific requirements. Accordingly, annual performance remains the most meaningful benchmark for evaluating our financial and operational progress. Our sustained investments in indigenous technologies, coupled with our alignment to national defence priorities such as Atmanirbhar Bharat, continue to strengthen our position as a trusted partner in India's evolving defence ecosystem. We are also pleased to announce a significant strategic milestone -- the acquisition of IDL Explosives Ltd. This marks a new chapter for Apollo Micro Systems as we move closer to becoming a fully integrated Tier-1 defence OEM. The acquisition not only enhances our manufacturing capabilities but also broadens our solutions portfolio across critical areas of India's defence supply chain. It is a proud moment and a feather in our cap that positions us for greater impact and scale. Looking ahead, we expect revenue to grow at a CAGR of 45% to 50% over the next two years -- driven solely by the core business, excluding any contribution from the recent acquisition. This growth is underpinned by a healthy order book and multiple products entering the production phase. Operating margins are projected to improve in the first half of FY26 due to favorable operating leverage and product mix. However, ongoing and planned capital investments are expected to moderate margin expansion in the latter half of FY26 and into FY27. Recent geopolitical developments -- particularly the India-Pakistan conflict -- have further accelerated demand for indigenous defence solutions. Several of our systems were successfully tested and demonstrated during this period, generating significant interest and engagement across the defence value chain. As we move forward, our commitment remains unwavering: to drive innovation, deliver operational excellence, and deepen strategic partnerships. Apollo Micro Systems is not only delivering record-breaking results -- we are helping shape a self-reliant, future-ready defence infrastructure for India." For more Information on Apollo Micro Systems Ltd, Email: Phone: +91 72888 92228 | +91-40-27167000 - 99 & s=08

Stock market update: Defence stock AMSL gains over 7 per cent today: Here's why
Stock market update: Defence stock AMSL gains over 7 per cent today: Here's why

India.com

time15-05-2025

  • Business
  • India.com

Stock market update: Defence stock AMSL gains over 7 per cent today: Here's why

Stock market update: Shares of aerospace and defence company Apollo Micro Systems Ltd (AMSL) jumped over 7 per cent today, i.e. on May 15, 2025, even as the market remains volatile. The stock opened at Rs 131.80, with a slight gain from the previous close of Rs 131 on the BSE. It later surged to touch the intraday high of Rs 141.10 – this is a gain of 7.71 per cent from the last closing price. On technical parameters, the counter is trading higher than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages. Also, it has outperformed the sector by 3.14 per cent. The market cap of the company is Rs 4,229.56 crore. The 52-week high of the stock is Rs 157, and the 52-week low is Rs 88.10. The stock is also in action as the company has informed exchanges about the critical updates to its Extraordinary General Meeting (EGM) notice and corrigendum, issued earlier in January 2025. The company stated that for convertible equity warrants, 25 per cent of the issue proceeds would be collected at the time of allotment, with the remaining 75 per cent due within six months. The entire amount is expected to be utilised within nine months in line with SEBI's ICDR regulations. The company has also corrected earlier references in its filings by stating that the phrase 'and Private Sector' in one section of the corrigendum and addressing regulatory observations made by NSE on May 13, stands deleted. Earlier, the company signed an agreement with state-owned Munitions India to jointly develop defence systems in the domestic and international markets. As part of the Memorandum of Understanding (MoU), both entities will identify and pursue opportunities for the design, development, and deployment of advanced defence technologies, Hyderabad-based AMSL said in a regulatory filing. AMSL has also inked a pact with Troop Comforts for joint manufacturing, marketing, and development of advanced air-defence systems, including anti-drone and anti-aircraft solutions.

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