Shares of Apollo Micro Systems rose 5% to a day’s high of Rs 272.50 on Wednesday, December 31, after the defense-focused company announced new orders worth around Rs 420 crore, including a major contract from a subsidiary of Maharatna PSU Coal India. With today’s rise, the stock is within touching distance of its upper circuit […]
Shares of Apollo Micro Systems Ltd could see increased activity in trading on Wednesday, November 26, after the company announced a three-party partnership with IIT-Chennai and the Indian Navy aimed at accelerating the development of domestic defense technology.According to Tuesday’s grant filing, the Memorandum of Understanding is intended to address both the current and emerging […]
The 2025 Defense Procurement Manual marks the first major update since 2009, with the aim of transforming India’s defense sector and strengthening domestic participation. The new policy aims to make it easier for SMEs and startups to contribute to defense projects, signaling a structural shift in the industry. Stroke mine, Research Analyst, PL Capital in […]