Archive · 2 Dec 2025
Apollo Micro Systems Gains 3% After Defence License
Apollo Micro Systems, a company that makes defence technology, got a special permission from the government to make important defence equipment like drones, navigation systems, and radar technology.
This permission is valid for 15 years and will help the company get more contracts from the Ministry of Defence.
The company's stock price went up by 3% when this news was announced.
The stock has done very well in the past year, going up almost three times from its lowest point.
This permission is a big step for the company to make more defence products and work with the government on important projects.
Apollo Micro Systems received a 15-year Industrial Explosives and Manufacturing License from DPIIT.
The license allows the company to manufacture UAS, INS, and radar systems for defence applications.
The stock price rose by 3% to ₹276.35 following the announcement.
The company's market cap stands at ₹9,208 crore.
Apollo Micro Systems is developing multiple UAS platforms and expects field trials within the next two quarters.
- Who
- Apollo Micro Systems Ltd
- What
- Secured a 15-year Industrial Explosives and Manufacturing License from DPIIT
- When
- Announced on December 1, 2025
- Where
- Hyderabad, India
- Why
- To manufacture defence-grade products including UAS, INS, and radar systems
Investors
Company
Stock Performance
Investors
Investors benefit from a 3% stock price increase and significant gains from the 52-week low.
Company
The company gains regulatory approval to expand its defence manufacturing capabilities.
- Company
- Apollo Micro Systems Ltd
- License Validity
- 15 years
- Stock Price Increase
- 3%
- 52-Week High
- ₹354.65
- 52-Week Low
- ₹92.50
- Day's High
- ₹276.35
- Market Cap
- ₹9,208 crore
