Amid a strong surge in defence stocks, Apollo Micro Systems delivered a robust 133% return last year, its second-best annual performance since listing in 2018. The best gains were in the year 2023 ...

Morgan Stanley said the company has a multi-pronged strategy to sustain growth, with a sharp focus on both the domestic market and international expansion across its defence and explosives businesses.

The defence stock ended 2.92% lower today at Rs 242.85 today against the previous close of Rs 250.15. Market cap of the firm fell to Rs 8,606 crore.

The defence firm reported a net profit of Rs 22.88 crore in Q3 against Rs 18.24 crore profit in the Q3 of the previous fiscal.

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