Archive · 23 Dec 2025
Apollo Micro Systems Hits Upper Circuit After DRDO Approvals
Apollo Micro Systems is a company that makes defence technology.
Recently, they got approvals from the DRDO for two new technologies: laser weapons and tracking systems.
These approvals make the company stronger in defence and help India make its own weapons.
The company's stock price went up because of this good news.
They also got a long-term license to make special explosives.
Even though the stock has gone down a bit recently, it has done very well over the past year and five years.
The company is also working on systems to protect against drones.
Apollo Micro Systems' stock hit a 5% upper circuit at ₹262 after DRDO approvals.
The company received two Transfers of Technology (ToT) for Laser-Based Directed Energy Weapon (DEW) systems and EO Tracking System for DEW.
These approvals strengthen the company's capabilities in directed energy weapon subsystems and align with India's defence indigenisation initiatives.
The company is developing anti-drone systems for the Indian Armed Forces, including soft-kill and hard-kill solutions.
Apollo Micro Systems' subsidiary, IDL Explosives Limited, received a 15-year Industrial License for manufacturing high-energy defence explosives.
- Who
- Apollo Micro Systems
- What
- Received DRDO approvals for two technology transfers and a 15-year industrial license for its subsidiary
- When
- December 22, 2023
- Where
- India
- Why
- To enhance defence capabilities and long-term growth prospects
Bullish Investors
Bearish Investors
Stock Performance
Bullish Investors
The stock's long-term performance is solid with a 165% increase over the past year and 2,060% over the last five years.
Bearish Investors
The stock is down 26% from its peak and has shown a weak short-term trend.
- Company
- Apollo Micro Systems
- Stock Price
- ₹262
- DRDO Approvals
- Two Transfers of Technology (ToT)
- Technologies Approved
- Laser-Based Directed Energy Weapon (DEW) systems and EO Tracking System for DEW
- Managing Director
- Karunakar Reddy
- One-Year Return
- 165%
- Five-Year Return
- 2,060%
- Subsidiary License
- 15-year Industrial License for manufacturing high-energy defence explosives
