Apollo Micro Systems shares rise 5% on Wednesday
Business
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News1831-12-2025, 13:06

Multibagger Defence Stock Jumps 5% on Rs 420 Cr Coal India Order Win; 2000% Return!

  • Apollo Micro Systems stock surged nearly 5% after securing new orders worth Rs 420.89 crore.
  • The orders include a Rs 419.39 crore contract from Coal India's subsidiary IDL Explosives for bulk explosives.
  • An additional Rs 1.5 crore export order for cartridge explosives was also announced.
  • Last week, the company won a Rs 100.25 crore order for Unmanned Aerial Systems for the Ministry of Defence.
  • The multibagger stock has delivered over 2,000% returns in five years, strengthening its Rs 7,850 crore project pipeline.

Why It Matters: Apollo Micro Systems' new orders and strong financials reinforce its multibagger status and future growth.

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