Bengaluru, Aug. 4 -- The article outlines the rationale behind the company's future outlook, which designs, builds, and tests custom electronics and mechanical systems for defense, space, and homeland security.

With a market capitalization of Rs 14,840 crore, Apollo Micro Systems Ltd's share on Tuesday made a day high of Rs 404.85 per share, up by 1.81 percent from its previous close of Rs 397.65 per share. The company's stock delivered a return of 130 percent over the last year.

Sector Outlook

The defense sector in India is currently experiencing robust long-term growth, owing to increased government spending, the Atmanirbhar Bharat program, efforts to reduce defense imports, and greater involvement of the private sector in the busine...