Multibagger Stock: Apollo Micro Systems shares hit the roof after key DRDO approvals

As many as 20.07 lakh equities changed hands before trading in the counter was halted, according to NSE data.

Apollo Micro Systems shares are gaining for the last three straight trading sessions and trading higher than 5-day and 200-day moving averages but lower than 20-day, 50-day and 100-day moving averages.

Today's buying was buoyed after the company announced that it has received approvals from Defence Research & Development Organisation (DRDO) for two distinct Transfers of Technology (ToT) relating to Laser Based Directed Energy Weapon (DEW) systems and EO Tracking System for DEW.

"These ToTs strengthen the company’s capabilities in Directed Energy Weapon subsystems, including laser-based engagement systems and electro-optical tracking solutions, and are aligned with India’s defence indigenisation and Atmanirbhar Bharat initiatives," the company said in filing.

Based out of Hyderabad, Apollo Micro Systems is a pioneer in defence technology. It specializes in the designing and manufacturing advanced electronic, electromechanical and engineering systems.

Shares of Apollo Micro Systems have produced multibagger returns in 2025 so far. According to exchange data, the defence stock has zoomed 106 per cent on YTD basis and sprinted more than 160 per cent in one year. In three and five years, the defence stock has made its investors wealthier by more than 850 per cent and 2,000 per cent, respectively.

Apollo Micro Systems is a constituent of BSE SmallCap and commands a market cap of Rs 8,380.92 crore, according to BSE website.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)