Over 1100% return in 2 years: Multibagger defence stock hits upper circuit - Details

Apollo Micro Systems Limited Share Price: Shares of Apollo Micro Systems Limited were locked in a 5 per cent upper circuity today to quote at Rs 138.69 on the BSE. It was up by Rs 6.60 from the closing price of Rs 132.09 in the last trading session. The counter has gained after two days of consecutive falls.  

On technical parameters, the counter is trading lower than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages.

The 52-week high and low of Apollo Micro Systems Limited (AMSL), which has a market cap of around Rs 3,633 crore, is Rs 161.70 while the 52-week is Rs 23.25. 

Shares of AMSL, which operates in the aerospace and defence sector, have increased investors' capital by 103 per cent in the last one month.

So far this year, the share has given a positive return of 353.53 per cent. In the last one year, the counter has given a multibagger return of 471.45 per cent. It has made investors richer by 1132 per cent in the last two years. 

Meanwhile, AMSL said that its standalone net profit in the quarter that ended on September 30, 2023, doubled to Rs 7 crore. The company had clocked a net profit of Rs 3.28 crore during the year-ago period.

The jump in the September 2023 quarter net profit was aided by higher income, the company said in a regulatory filing today.

The total income of the company rose to Rs 87.57 crore over Rs 52.39 crore a year ago. Its expenses in the quarter was seen at Rs 78.68 crore.

Based out of Hyderabad, Apollo Micro Systems is an electronics, electromechanical, engineering design, manufacturing and supply company.

It is a small-cap company with a market capitalisation of Rs 3,633 crore.