Archive · 28 May 2025
Apollo Micro Systems Shares Surge After Order Win
Imagine a company that makes important electronic systems for airplanes.
This company, Apollo Micro Systems, got a big order to build a new, fancy system for planes used by the military and regular people.
Because of this good news, the company's stock price went up!
They also made more money last quarter than they did the year before.
This company makes technology solutions for various sectors like transportation and defense.
The new order means they will be developing a very important piece of equipment for the planes, helping them communicate, navigate, and stay in control.
Apollo Micro Systems shares rose approximately 18% on May 28, 2025.
The surge followed an announcement of a new export order.
The order is valued at USD 13,366,500 (Rs 113.81 crores).
The order is for developing an advanced avionics system for civil and military aircraft.
The company reported an 8% YoY rise in consolidated net profit.
- Who
- Apollo Micro Systems Ltd.
- What
- Apollo Micro Systems won an export order for an avionics system.
- When
- May 28, 2025
- Where
- BSE
- Why
- Due to a new order win and improved quarterly results.
- Share Price Increase
- 18%
- Date of Surge
- May 28, 2025
- Order Value (approx)
- Rs 113.81 crores
- YoY Net Profit Rise
- 8%
- Company Location
- Hyderabad