with a market valuation of 723.10 Crore, Apollo Micro Systems Limited is a Small-Cap company operating in Industrial industry. Apollo Micro Systems (AMS) was established in 1985, as a specialist in the design, development and assembly of custom-built electronics and electro-mechanical systems for the aerospace, defense and space sectors. Defense contracts worth Rs. Aerospace and defense company Apollo Micro Systems has been infused Rs 43.98 crore, the company announced on the exchanges.
“We are pleased to inform that the company has received projects worth Rs 43.98 crore,” said the board of directors of Apollo Micro Systems in a stock exchange filing.
The company’s board will consider Q3FY23 earnings on February 10, 2023. The company’s board had earlier announced the stock split last month. The Board of Directors approved the split of equity shares with a face value of Rs. 10 episodes in the ratio of 10:1 in a meeting held on 21st January and the company will soon publish the record date for the same.
In the quarter ending September 2022, the company posted revenue from operations of 52.06 cr as against 45.90 crore over the year-ago quarter, representing a YoY growth of 13.42%. The company recorded Profit Before Tax (PBT) As compared to 4.92 Cr in Q2FY23 4.07 crore in the year-ago quarter while its net profit had reached 3.29 crore in the quarter ending September 2022 as compared to Apollo Micro Systems’ EPS reached 2.75 crore in the year-ago quarter as compared to 1.58 in Q2FY23 1.32 in Q2FY22.
Apollo Micro Systems Ltd. shares closed today on NSE 349.25 each level, up 4.99% from the previous close 332.65. The stock recorded a total volume of 1,93,427 shares as compared to 20-day average volume of 1,98,386 shares. since the share price went above 134.80 at the current market price during the last year, it gave a multibagger return of 159.09%. On YTD basis, it has grown by 14.26% in 2023 so far. 141.70 per share at the current market price. The stock touched a 52-week high 375.95 (23-Jan-2023) and hit a 52-week low on 109.20 (12-May-2022).
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