FIIs Bought 6,03,751 Shares & 1,650 Per Cent Returns: Multibagger Defence Stock Jumps Over 12 Per Cent from Intraday Low with Volume Spurt
The stock gave multibagger returns of 950 per cent in just 3 years and a whopping 1,650 per cent in 5 years.
On Friday, shares of Apollo Micro Systems Ltd jumped over 12 per cent to Rs 128.2 per share from its intraday low of Rs 114 per share. The stock’s 52-week high is Rs 157 per share and its 52-week low is Rs 88.10 per share. The shares of the company saw a spurt in volume by more than 3 times on the BSE.
Established in 1985, Apollo Micro Systems is at the forefront of creating, constructing, and validating crucial electronics and electromechanical solutions for sectors such as aerospace, defence, and space. The company is renowned for its commitment to research and development, resulting in notable projects such as torpedo-homing systems and underwater mines. =
According to Quarterly Results, net sales increased by 62.5 per cent to Rs 148.39 crore and profit after tax (PAT) increased by 83.1 per cent to Rs 18.24 crore in Q3FY25 compared to Q3FY24 while in its nine-month results, the net sales increased by 69.5 per cent to Rs 400.30 crore and profit after tax (PAT) increased by 133.2 per cent to Rs 42.40 crore in 9MFY25 compared to 9MFY24. In its annual results, the net sales increased by 24.91 per cent to Rs 371.63 crore and profit after tax (PAT) increased by 66.01 per cent to Rs 31.11 crore in FY24 compared to FY23.
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Apollo Defence Industries Pvt Ltd (ADIPL), a subsidiary of Apollo Micro Systems Ltd, is set to acquire 100 per cent equity in IDL Explosives Ltd from the Hinduja Group for Rs107 crore in an all-cash deal. IDL Explosives, established in 1961 as Indian Detonators Ltd. and now known as GOCL Corporation Limited, is the first Indian-owned explosives company. As part of the diversified Hinduja Group, GOCL is a multi-divisional entity with expertise in energetics, commercial explosives, and realty, boasting a 64-year history of serving the Indian mining and infrastructure sectors and holding the status of a Star House exporter.
This acquisition strategically combines the strengths of Apollo Micro Systems and IDL Explosives, bringing together over a century of specialised experience in the defence sector. The merger creates a vertically integrated defence entity capable of providing end-to-end solutions across the munitions and weapons value chain, from high-energy material manufacturing to integrated platforms. This move aims to reduce external dependencies, foster collaborative development, and position the combined entity as a trusted, comprehensive supplier, enhancing its ability to pursue large-scale, high-value projects and expand its global market reach.
The company falls under the BSE Small-Cap Index with a market cap of over Rs 3,400 crore. In March 2025, FIIs bought 6,03,751 shares and increased their stake in AMS to 0.93 per cent from 0.74 per cent in December 2024. The stock gave multibagger returns of 950 per cent in just 3 years and a whopping 1,650 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.