Archive · 20 Jan 2026
Apollo Micro Systems Expands Defence Facility
Apollo Micro Systems, a defence stock, is building a new facility in Hyderabad.
They are spending ₹300 crore to make and test weapons like rockets and mines.
The Telangana government gave them land for this project.
The company's stock has gone up a lot in the last five years, but it went down a little recently.
The new facility will help them make more weapons in India and meet the growing demand in the defence sector.
Apollo Micro Systems announces ₹300 crore capex expansion for a defence project in Hyderabad.
The project focuses on manufacturing and testing weapon system platforms like rockets and mines.
Telangana government allotted over five acres of land for the facility.
The company's stock has seen a 1690% return over five years but recently declined.
The new facility will expand the company's manufacturing capabilities in the defence sector.
- Who
- Apollo Micro Systems
- What
- Capital expenditure expansion for defence project
- When
- Announced on 19 January 2026
- Where
- Hyderabad, Telangana
- Why
- To expand manufacturing and testing facilities for weapon systems
- Company
- Apollo Micro Systems
- Capital Expenditure
- ₹300 crore
- Land Acquisition Cost
- ₹27.58 crore
- Land Area
- 22,988 square meters
- Location
- Hyderabad, Telangana
- Project Focus
- Weapon system platforms
- Stock Performance (5 years)
- 1690% returns
- Stock Performance (1 year)
- 82% returns
