Apollo Micro Systems Gains 5% After Defence Licence Win

Apollo Micro Systems, a company that makes things for defence and security, got a special licence to make two important explosives called HMX and TNT.

This licence is good for 15 years and lets them make 50 tonnes of HMX and 500 tonnes of TNT every year.

Their stock price went up by 5% because of this good news.

The company's boss said this is a big deal because it shows they're good at what they do and can now make these explosives for India and maybe even sell them to other countries.

The stock has done really well in the past, going up by 1,775% in five years, but it's been down a bit recently.