New Delhi, Sept. 23 -- Apollo Micro Systems share price traded flat on Tuesday amid a sell-off in the broader Indian stock market. The benchmark indices, Sensex and Nifty 50, declined over 0.3% each, while the defence stock, Apollo Micro Systems, recovered from day's low.

Apollo Micro Systems share price rallied over 4% from intraday low amid strong buying at lower levels. The defence stock opened flat at Rs.332.35 apiece as against its previous close of Rs.332.30 apiece on the BSE. Apollo Micro Systems stock price hit an intraday low of Rs.320.25 level, and then jumped as much as 4.4% to an intraday high of Rs.334.40 apiece.

Apollo Micro Systems said the Securities Allotment Committee of its Board of Directors has approved the allotmen...