New Delhi, May 19 -- Apollo Micro Systems shares, which have remained strong in recent weeks and broken above multi-month highs, extended their winning run after the company reported better-than-expected performance for the March quarter.

The stock ended Tuesday's session nearly 10% higher at Rs.340 apiece after gaining 6% in the previous session, taking its cumulative two-day gain to 16% and significantly outperforming the broader market.

The company's net profit surged to Rs.36.79 crore from Rs.13.96 crore, marking a robust 163.5% year-on-year jump. Consolidated revenue from operations rose to Rs.293.26 crore from Rs.161.77 crore in the corresponding quarter last year, registering a strong growth of 81.3% YoY.

For the full financial ...