Multibagger defence stock rebounds from today's low after receipt of Rs.213 crore from DRDO, PSU, others
New Delhi, Aug. 5 -- Apollo Micro Systems share price rebounded 0.82% to Rs.401.45 apiece in Wednesday's trading session after the company informed that it has received a new order from DRDO, Defence PSUs, and Private Industries.
The defence stock opened at Rs.400.95 apiece on Wednesday, slightly higher than its previous close of Rs.398 on Tuesday. After opening in the green, the stock turned volatile, slipping into negative territory during the session before recovering to trade in positive territory again.
In an exchange filing dated 5 August, Apollo Micro Systems announced it has secured a new order from DRDO, Defence PSUs, and Private Industries worth Rs.213 crore (2133.91 million).
"We wish to inform you that, in the ordinary cour...
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