Apollo Micro Programs has emerged as a stellar performer in current months, with its shares persevering with to construct on good points, rising one other 5% in right this moment’s commerce (September 29) to a day’s excessive of ₹340 apiece, at the same time as sentiment within the broader market stays fragile.
The increasing order e book, strategic partnerships, and bettering financials have attracted Dalal Road buyers so as to add the inventory to their portfolios.
To date in September, the shares have gained one other 27%, constructing on a stellar 51% rally in August, bringing the two-month cumulative achieve to 105% and marking them as one of many greatest performers within the defence area.
What’s fueling the inventory’s exceptional surge?
In current developments, the corporate, on September 18, signed MoUs with Sibersentinel Applied sciences and Zoom Applied sciences (India) to collectively design, develop, and deploy superior cybersecurity options for presidency companies, statutory our bodies, monetary establishments, and different important infrastructure sectors, combining Apollo’s defence-grade electronics experience with its companions’ cybersecurity capabilities.
In defence manufacturing, Apollo Strategic Applied sciences Non-public Restricted (ASTPL), a subsidiary, entered into an MoU with Dynamic Engineering and Design Inc. (USA) for expertise switch, co-development, and potential licensed manufacturing of rocket motors for BM-21 Grad ER and Non-ER rockets, supporting the Make in India initiative.
Apollo has already developed the 122mm rocket warhead in-house and plans to begin trials and full-scale manufacturing by mid-2026, positioning itself as one of many few non-public Indian firms able to providing a totally in-house developed rocket system.
Moreover, the corporate was authorised because the manufacturing company for the Multi-Affect Floor Mine (MIGM) “Vighna” and has entered into an settlement with DRDO for the switch of expertise for the Omni-Directional multi-EFP warhead for the NASM-SR missile.
These strategic partnerships and approvals strengthen Apollo’s technological self-reliance, broaden its defence capabilities, and reinforce its place in high-demand sectors each domestically and globally.
Apollo Micro Programs shares ship over 200% return in lower than 5 months
The most recent rally has propelled the inventory to a achieve of 216% in lower than 5 months and almost 2,723% over the past 5 years. The rally, which started in Might, has continued with none main pullbacks, with the inventory closing within the inexperienced in 4 of these months.
For Q1FY26, the corporate reported its highest-ever quarterly internet revenue (consolidated) of ₹18.51 crore, up 115% from ₹8.43 crore in the identical quarter final yr, pushed by improved operational effectivity.
Its consolidated income from operations grew 47.25% YoY to ₹134 crore, whereas on the working degree, the corporate posted an EBITDA of ₹41 crore, a big bounce from ₹22 crore in Q1FY25.
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