This defence stock has made its investors richie rich in 12 months!

Apollo Mirco Systems split date, Apollo Mirco Systems share split, Apollo Mirco Systems share price NSE: Shares of Apollo Mirco Systems hit an upper circuit on Tuesday ahead of its share trading ex-split on Thursday, May 4, 2023. Apollo Micro Systems shares ended at Rs 329.60, up by 4.98 per cent or Rs 15.65 on NSE. Shares of Apollo Micro Systems have gained more than 46 per cent in the last six months. Besides, the shares have given a multi-bagger return of over 150 per cent in the last year to its investors. 

The record date for the proposed split is fixed as May 4, which will determine the eligibility of shareholders. It means that investors having the delivery of shares of Apollo Micro Systems in their demat accounts as on May 4, 2023, will be considered eligible for the same.

After the stock split, each share of Apollo Micro Systems, with a face value of Rs 10 will be divided into 10 equity shares with a face value of Re 1 each. A stock split is usually done to increase the liquidity of the stock in the market.

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