New Delhi, Jan. 9 -- Apollo Micro Systems share price rose nearly 2.5% in Friday's trading session after the company received trading approval from both BSE and NSE for the preferential shares issued and allotted to the promoters and non-promoters of the company.

The defence stock opened in the red in the early morning session today. However, it pared losses and touched an intraday high of Rs.259 apiece.

According to the exchange filing, the defence company has received the trading approval for 1,21,47,964 equity shares of Rs.1 each, issued and allotted on a preferential issue basis to the promoters and non-promoters.

Following approval, the equity shares have been listed and admitted for trading with effect from January 9, 2026. The s...