FIIs bought 2,10,22,112 shares & DIIs bought 42,40,713 shares: Multibagger defence stock hits an all-time high on September 16

DSIJ Intelligence-1 / 16 Sep 2025/ Categories: Multibaggers, Trending

FIIs bought 2,10,22,112 shares & DIIs bought 42,40,713 shares: Multibagger defence stock hits an all-time high on September 16

The stock gave multibagger returns of 520 per cent in just 2 years and a whopping 2,800 per cent in 5 years.

On Tuesday, shares of the multibagger defence company jumped 3.34 per cent to an all-time high of Rs 341 per share from its previous closing of Rs 329.65 per share. The stock also made a 52-week high of Rs 341 per share and its 52-week low is Rs 87.99 per share. The stock is up 287.54 per cent from its 52-week low of Rs 87.99 per share.

Apollo Micro Systems Ltd has achieved several key milestones in its defence business. The company has been approved as a production agency for the Multi-Influence Ground Mine (MIGM) –Vighana, a project under DRDO. Additionally, it has signed an agreement with DRDO for the transfer of technology for an Omni-Directional multi-EFP warhead for the NASM-SR Missile. The company was also declared the lowest bidder for new orders from DRDO and Defence PSUs, valued at Rs. 25.12 crores.

In a significant move for defence indigenisation, Apollo Strategic Technologies Private Limited (ASTPL), a subsidiary of Apollo Micro Systems, has entered into a Memorandum of Understanding (MoU) with Dynamic Engineering and Design Incorporation from the USA. This collaboration focuses on the technology transfer, co-development, and licensed production of Rocket Motors for BM-21 Grad rockets. This initiative, announced at DSEI London, is part of the 'Make in India' program and aims to enable the in-house production of complete rocket systems by integrating domestically developed warheads with the new rocket motors. This positions Apollo as one of India's few private companies capable of offering a fully in-house developed rocket system of this scale.

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About the Company

Established in 1985, Apollo Micro Systems is at the forefront of creating, constructing, and validating crucial electronics and electromechanical solutions for sectors such as aerospace, defence, and space. The company is renowned for its commitment to research and development, resulting in notable projects such as torpedo-homing systems and underwater mines.

The company falls under the BSE Small-cap Index with a market cap of over Rs 11,000 crore. In June 2025, FIIs bought 2,10,22,112 shares & DIIs bought 42,40,713 shares and increased their stake to 7.16 per cent and 1.61 per cent, respectively, compared to March 2025. The stock gave multibagger returns of 520 per cent in just 2 years and a whopping 2,800 per cent in 5 years.

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