Under Rs 150: This Aerospace and Defence Stock Hits Upper Circuit; Stock Gains Over 950 per cent in Just 3 Years!

The shares of the company gained more than 110 per cent in the last 1 year.

Apollo Micro Systems Ltd is a leader in designing, developing, assembling, and testing electronic and electromechanical solutions. Established in 1985, the company is one of India's foremost providers of electronic and electromechanical engineering design, manufacturing, and supply services. Apollo Micro Systems creates high-performance solutions crucial for mission-critical and time-sensitive operations. 

At the start of the day's trading session, the stock opened at Rs 119.15 per share, compared to the previous day's closing figure of Rs 117.35 on the BSE. As of the time of writing this article, the shares are currently at Rs 123.20 per share. The stock has hit the upper circuit, reflecting strong demand in the market. The company's current market capitalization stands at Rs 3775.95 crore, and the stock has generated an impressive multibagger return of around 112 per cent in the past 1 year.

As per the Quarterly Results, in Q4 FY24, Apollo Micro Systems Ltd recorded a revenue of Rs 135 crore. The operating profit for Q4 FY24 stood at Rs 29 crore. The net profit for Q4 FY24 was Rs 13 crore. Looking at the annual performance, the company generated a revenue of Rs 372 crore in FY24, compared to Rs 298 crore in FY23. The operating profit for FY24 was Rs 84 crore with a net profit of Rs 32 crore.

According to the shareholding pattern of Apollo Micro Systems Ltd, promoters own a 55.12 per cent stake, while public investors hold 37.46 per cent. Foreign Institutional Investors (FIIs) hold a 7.42 per cent stake. In the most recent quarterly update, FIIs have decreased their stake in the company.

Investors must keep this Small-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.