Apollo Micro Programs share worth gained over 2% on Wednesday after the corporate shared an replace concerning receipt of enterprise orders. The small-cap defence inventory gained as a lot as 2.46% to ₹114.50 apiece on the BSE.
Apollo Micro Programs, on 10 February 2025, had introduced the receipt of orders value ₹50.97 crore from a number of personal firms. In a inventory alternate submitting on March 5, the defence firm up to date the small print of those orders obtained final month.
Firstly, the corporate obtained an order from Dependable Technosystems India Pvt. Ltd. for manufacturing of digital elements.
The consideration, or the order dimension, is ₹11.69 crore and the time interval by which the contract is to be executed is inside 4 months from the receipt of the order.
The second order is from Company Infotech Personal Restricted for provide of IP CCTV Programs.
The ₹39.28 crore-worth order from Company Infotech is to be executed inside three months from the date of receipt of order, the inventory alternate submitting confirmed.
Apollo Micro Programs Inventory Value Efficiency
Apollo Micro Programs share worth has declined by 12% over the previous month and greater than 6% on a year-to-date (YTD) foundation. Whereas the small-cap inventory has gained practically 9% within the final six months, it has fallen by 8% over the previous 12 months.
Nevertheless, in the long run, the inventory has delivered distinctive returns. Over the previous two years, Apollo Micro Programs has generated multibagger beneficial properties of 255%, whereas delivering a powerful 1,500% return over the past 5 years.
At 2:00 PM, Apollo Micro Programs shares have been buying and selling 1.07% larger at ₹112.95 apiece on the BSE, commanding a market capitalisation of over ₹3,461 crore.
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