Shares of Apollo Micro Systems Ltd up on Strong Order Book; Check Details

Shares of Apollo Micro Systems Ltd soared past 6% on Wednesday’s trading session. An analyst tracking the stock recommended a ‘buy’ rating and Bloomberg reported that the stock is the best performer among its peers.

The stock is traded at a high volume of 7.6 times of its 30-day moving average and its relative strength index stands at 79 on Wednesday. Previously, the company won an order from Bharat Electronics Ltd after emerging as the lowest bidder on Day 3.

The company is eyeing to double its revenue in FY26 on the back of “very big ticket” projects in the pipeline, its whole-time director Krishna Sai Kumar told NDTV Profit on Monday.

As of 1:00 pm today, shares of Apollo Micro Systems Ltd are trading at ₹133.05, up by 7.33%.