Shares of Apollo Micro Techniques surged 1% in Thursday’s intraday commerce on October 16, reaching ₹293.70 apiece, following the corporate rising because the lowest bidder for orders from DRDO and Defence Public Sector Undertakings (DPSUs).
The corporate has been declared the bottom bidder by DRDO for orders price ₹4.3 crore and has additionally been declared the bottom bidder by DPSUs for orders price ₹35 crore. “Accordingly, the full worth for which the corporate has emerged because the lowest bidder aggregates to ₹39.27 crore,” the corporate stated in immediately’s regulatory submitting.
In the meantime, the corporate just lately launched its September quarter enterprise replace, reporting income of ₹225.26 crore, marking a 40% year-on-year (YoY) soar from ₹161 crore in the identical interval final 12 months and a 68% sequential development in comparison with ₹134 crore reported within the first quarter of FY26.
Apollo Micro Techniques share worth delivers 180% in simply six months
The corporate’s shares have been on traders’ radar in current months, as its rising order e-book, strategic partnerships, and bettering financials have attracted Dalal Road traders so as to add the inventory to their portfolios.
From their April lows of ₹105.30, the shares have surged 180% to commerce on the present stage of ₹293. The most recent rally has pushed the inventory to a 175% achieve thus far in 2025 and almost 2,680% over the previous 5 years.
The rally, which started in 2020, continues unabated, with the inventory closing every calendar 12 months larger. Notably, 2023 marked its strongest annual achieve of 290.44%. From its 2020 low of ₹3.95 apiece, the inventory has skyrocketed almost 8,000%, delivering phenomenal wealth creation for traders.
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