Archive · 3 Jun 2025
Apollo Micro Systems Shares in Focus After Equity Allotment Approval
Apollo Micro Systems Ltd (AMSL), a defense and aerospace company, saw its stock rise today after announcing the allotment of new shares.
The stock opened at Rs 198.55 and briefly hit Rs 201 before falling back to around Rs 196.25 due to profit-taking.
The company is issuing 2.70 crore equity shares at Rs 114 each.
This includes a premium, and the total value of the shares is over 308 crore.
Earlier in the week, the stock reached a 52-week high of Rs 202, with a 52-week low of Rs 88.10.
This means the company is raising money by selling new shares to investors, which is influencing the stock's price.
Apollo Micro Systems Ltd (AMSL) shares were in focus after the board approved allotment of equity shares.
The stock opened at Rs 198.55 on the BSE and reached a high of Rs 201.
The intraday low for the stock was Rs 191.
The issue price for the equity shares is Rs 114 each, with a premium of Rs 113.
The company received approximately Rs 308.28 crore for the 2.70 crore shares.
- Who
- Apollo Micro Systems Ltd (AMSL)
- What
- The company has approved the allotment of equity shares
- When
- Today
- Where
- BSE
- Why
- To raise capital.
- Current Trading Price
- Rs 196.25
- Opening Price
- Rs 198.55
- Intraday High
- Rs 201
- Intraday Low
- Rs 191
- 52-week High
- Rs 202
- 52-week Low
- Rs 88.10
- Issue Price per Share
- Rs 114
- Total Subscription Money
- Rs 308.28 crore