With a market valuation of Rs. 593.12 Crore, Apollo Micro Systems is a Small-Cap company operating in Capital Goods sector. Apollo Micro Systems (AMS) was established in 1985, being experts in the design, development and manufacture of custom-built electronics and electro-mechanical systems. AMS provides cutting-edge technology-based solutions for Railway, Automotive and Homeland. security industry in addition to its main customers in the aerospace, defense and space industries.
“Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that, the Board of Directors of the Company has passed the necessary resolution vide circular resolution dated April 6, 2023 and has set on record dated Thursday, the 4th May, 2023 for the purpose of sub-division of 1 Equity Share of Rs.10/- each into 10 Equity Shares of Rs.10/- each, said Apollo Micro Systems in a stock exchange filing through electronic medium on March 28, 2023 1/- each fully paid-up as per the approval of the shareholders received through postal ballot.
The record date has been fixed for determining the eligibility of the shareholders for the purpose of sub-division of 1 Equity Share each of face value. 10/- each into 10 Equity Shares of face value of Rs.1/- each.
During the quarter ending December 2022, the company reported a net income of Rs. 82.69 cr as against 64.84 crore was recorded during the quarter ending December 2021. Company’s net expense reached 67.19 crore as against 55.04 Cr and its EBIT stood at 15.50 Cr during Q3FY23 as compared to Rs. 9.80 cr reported during Q3FY22. Apollo Micro Systems said its net profit As compared to 6.60 Cr during Q3FY23 3.38 Cr reported during Q3FY22 and its EPS reached As against 3.18 during Q3FY23 1.63 was reported during the corresponding quarter of FY22.
Apollo Micro Systems Limited shares closed on BSE on Friday 285.65 each, down 2.41% from the previous close 292.70. The stock recorded a total traded volume of 3,479 shares and an delivered volume of 1,973 shares or 56.71%. The stock has appreciated 11.65% during the last five years, and has generated multibagger returns of 530.66% in the last three years. The stock is up 96% over the past year but is down 6.59% YTD, 2023 so far. The stock has touched a 52-week high. 379.70 (23/01/2023) and at 52-week low 110.00 on (26/05/2022). During Q3FY23, the company recorded promoter shareholding of 59.10%, FII holding of 0.65%, DII holding of 2.63% and public holding of 37.63%.
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