Hindustan Aeronautics & Bharat Electronics-Peer Defence Company Bags Explosives Orders Worth Rs 4,208.96 Million
DSIJ Intelligence-1Categories: Multibaggers, Trending
The stock gave multibagger returns of 825 per cent in just 3 years and a whopping 2,000 per cent in 5 years.
On Wednesday, shares of the multibagger Defence company gained 4.30 per cent to Rs 270.90 per share from its previous closing of Rs 259.75 per share. The stock has a 52-week high of Rs 354.65 per share and its 52-week low is Rs 101.05 per share. The stock is up by 163 per cent from its 52-week low of Rs 101.05 per share.
IDL Explosives Limited, a step- down subsidiary of Apollo Micro Systems Limited, in the ordinary course of its business, has been granted a Running Contract (RC) for the supply of bulk explosives to Subsidiaries of Coal India Limited, amounting to Rs 4,193.96 million and an export order value of Rs 15 million for the supply of cartridge explosives. The cumulative value of orders received amounts to Rs 4,208.96 million.
Earlier, the company received orders amounting to Rs 1,002.47 million from a private company, deliverable to the Ministry of Defence, for the supply of Unmanned Aerial Systems. The said orders are to be executed within a period of four months.
About the Company
Apollo Micro Systems Limited, a 40-year-old pioneer in defence technology, specialises in the design, development and manufacture of advanced electronic, electro-mechanical and engineering systems. With multi-domain, multidisciplinary capabilities and robust infrastructure, the company is equipped to build cutting-edge defence technologies and produce them at scale for national strategic needs
Apollo Micro Systems Limited (APOLLO) announced its Q2FY26 standalone and consolidated results, showing exceptional momentum. The company delivered a historic high quarterly Revenue, surging 40 per cent YoY to Rs 225.26 crore, up from Rs 160.71 crore in Q2FY25, driven by robust order execution. Operational excellence was clear as EBITDA grew 80 per cent to Rs 59.19 crore, with the margin expanding by 600 basis points to 26 per cent. This translated strongly to the bottom line, with Profit After Tax (PAT) soaring 91 per cent YoY to Rs 30.03 crore and the PAT margin improving to 13.3 per cent. These results underscore the company’s strategic focus and its strengthened position in the defence ecosystem, bolstered by investments in indigenous technologies and alignment with national priorities like Atmanirbhar Bharat.
The company is part of the BSE Small-cap Index, with a market cap of over Rs 8,900 crore. The stock gave multibagger returns of 825 per cent in just 3 years and a whopping 2,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.