Despite a 3.6% dip in the past two trading days, the Nifty India Defence index has outperformed the market soaring 22% since April 2026.
With record order book of ₹21,200 crore, favourable industry tailwinds, and continued focus on high-value products and global markets, HFCL remains confident of sustaining this growth momentum.
Share price of Apollo Micro Systems hit a new high of ₹368.70, rallied 25 per cent in the past three trading days on the BSE.
Investor sentiment was further supported by the company's announcement of a final dividend of Re 0.25 per equity share of face value ₹1 each for FY26
The buying on the counter came after the company received lifetime license to manufacture and proof test defence weapon systems
Apollo Micro Systems shares have delivered a 122 per cent return over the past one year, according to NSE data
The brokerage in its note highlighted that the global defence sector has entered a structurally elevated growth phase, driven by persistent geopolitical conflicts
The buying on the counter came after its subsidiary IDL Explosives was granted a running contract (RC) to supply of bulk explosives to the subsidiaries of Coal India
Shares of Apollo Micro rose 3 per cent after it received orders worth ₹100.24 crore for the supply of Unmanned Aerial Systems
Company has received approvals from DRDO)for two distinct Transfers of Technology (ToT) relating to Laser-Based Directed Energy Weapon (DEW) systems and EO Tracking Systems for DEW
The buying interest on the counter came after Apollo Micro Systems received a license for the manufacturing of equipment under the categories of defence aircraft
According to the filing, DRDO gave an order worth ₹5.7 crore and a private company provided an order of ₹21.6 crore
Shares of Apollo Micro Systems hit a new high of ₹341.05, soaring 6 per cent on the BSE in Monday's intra-day trade.
At 10:32 AM; Nifty India Defence index was up 2.6 per cent, as compared to 0.28 per cent rise in Nifty 50.
Apollo Micro Systems shares rose 3.9 per cent and logged an intra-day high at ₹294 per share on BSE, after Apollo Defence Industries entered into a MoU with Dynamic Engineering
At 12:00 PM, the BSE Smallcap index, the top gainer among broader indices, was up 0.89 per cent, as compared to a marginal 0.06 per cent gain in the BSE Sensex.
Apollo Micro Systems shares have surged 23.20 per cent in the last 3 trading sessions, according to NSE data
Apollo Micro Systems shares hit a record high, surging nearly 5 per cent on Monday after securing two DRDO contracts
Shares of Apollo Micro Systems soared 12% to ₹271.60 on the BSE in intra-day trade, and have zoomed up to 56% thus far in the month of August.
The average trading volumes on the counter jumped nearly four-fold with a combined 48.46 million equity shares representing 14.52% of total equity of Apollo Micro changed hands on the NSE and BSE.