Apollo Micro Systems Ltd.APOLLO₹295.60 +4.49%

Shares of Apollo Micro Systems surged 5.90% on Monday’s early trades to reach an intraday high of ₹299.60 apiece after the company received a license from the Government of India, Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade (DPIIT), for the manufacture of ammunition.

At 11:00 AM its shares were trading at ₹297.08, up 5.01%.

The license authorises Apollo Micro Systems to manufacture, assemble, integrate, and proof-test a variety of high-value strategic weapon systems and munitions. It can now manufacture and proof-test at AMS-owned facilities in Hyderabad. 

The grant of this lifetime license fundamentally transforms the company’s revenue architecture and strategic positioning. It moves from being a provider of embedded systems and subsystems to an end-to-end platform manufacturer of complete weapon systems, including missiles, torpedoes, precision bombs, and next-generation loitering munitions. 

Apollo Micro Systems’ CRISP Analysis:

Apollo Micro Systems Ltd.APOLLO₹295.54 +4.47%

Apollo Micro Systems is a Hyderabad-based, publicly listed, multi-disciplinary defence technology company and a Tier-I Original Equipment Manufacturer (OEM) with end-to-end capabilities spanning the design, development, manufacture, integration and life-cycle support of advanced weapon systems and defence platforms.

The company is an established Tier-I supplier to DRDO (Defence Research and Development Organisation), Hindustan Aeronautics Ltd., Bharat Electronics Ltd. and the Ministry of Defence. It is now additionally authorised to manufacture missile-class weapon systems, torpedoes, aerial bombs and loitering munitions under the Arms Act, 1959, reinforcing its position as a full-spectrum, sovereign-capable defence manufacturer committed to the Aatmanirbhar Bharat mission.