Shares of Apollo Micro Systems, a company associated with the aerospace and defense industry, have seen a tremendous rise on Monday. Shares of the smallcap company closed at Rs 111.60 on Monday with a rise of more than 4 percent. This rise in the shares of Apollo Micro Systems has come due to receiving many orders. The defense company has received orders worth Rs 77 crore. The 52-week high level of Apollo Micro Systems shares is Rs 161.75. At the same time, the 52-week low level of the company's shares is Rs 53.50.

The company has received an order from DRDO
Apollo Micro Systems has said in an exchange filing, 'The company has received orders from Economic Explosives Limited and ARDE-DRDO. These orders are worth Rs 4.70 crore.' However, the company has not disclosed the details of the project. Apollo Micro Systems has said in the same filing that the company has been declared the lowest bidder (L1) for GNC kits. The project received by the company is worth Rs 72.26 crore.

Company's shares rose by 620% in 2 years
The shares of Apollo Micro Systems have jumped more than 620 percent in the last 2 years. The company's shares were at Rs 15.49 on 16 September 2022. The shares of Apollo Micro Systems have reached Rs 111.60 on 16 September 2024. At the same time, the company's shares have doubled the investors' money in the last one year. The shares of Apollo Micro Systems have jumped nearly 100 percent in the last one year. The company's shares were at Rs 55.85 on 18 September 2023, which closed above Rs 111 on 16 September 2024. If we talk about the last 5 years, then the shares of Apollo Micro Systems have seen a jump of 1216 percent. The company was started in 1985. Apollo Micro Systems is a leading company in the electronic and electro-mechanical sectors.

The company has split the shares
Apollo Micro Systems has split its shares (stock split) in May 2023. The company has divided the shares with face value of Rs 10 into shares with face value of Rs 1.