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Apollomicrosys

Bolo Apollo Micro ki Jai ! Apollo Micro Systems, a 40-year-old Hyderabad-based company led by B. Karunakar Reddy, has grown into a major player in India's defence and space sector. This publicly traded firm, with 350 employees including 150 engineers, prioritizes R&D and homegrown technologies, serving Defence and Space departments. To capitalize on the rising demand for indigenous defence solutions, they focus on air, land, and sea defence electronics, with a focus on surveillance tech. Their commitment is further emphasized by a 5-acre expansion in Telangana, featuring a 3,50,000 sq. ft. facility for missile and subsystem manufacturing, weapon maintenance, and UAS/UGS production. This Rs 210 Crore investment, adhering to international standards, is expected to generate 400 jobs. The recent inauguration by Telangana's Minister highlights their contribution and reinforces the state's position as an aerospace and defence hub. With continued government support, Apollo Micro Systems is poised for a bright future in driving defence innovation in India. According to Quarterly Results, the net sales increased by 10.9 per cent to Rs 91.34 crore, profit before tax (PBT) increased by 57.3 per cent to Rs 14.37 crore and profit after tax (PAT) increased by 50.9 per cent to Rs 9.96 crore in Q3FY24 compared to Q3FY23 while in its nine-month results, the net sales increased by 23.87 per cent to Rs 235.20 crore, profit before tax (PBT) increased by 47.1 per cent to Rs 25.93 crore and profit after tax (PAT) increased by 57.7 per cent to Rs 18.18 crore in 9MFY24 compared to 9MFY23.
NSE:APOLLOLong
by CannySunny
1
APOLLO MICRO SYSTEMNSE:APOLLO ROUNDING BOTTOM PERTEN Apolllo micro system has Attempt second time break the rounding bottom formation > 1st time stock has attempt dec 2021 @level 154/- but unfortunate fizzle out with making a just high 190.90 today stock has break the resistance of 190.90 on daily chart / expect the stock has close above 190.90 as per daily chart 1st target 245.60 with sl 178.50 closing basis second target 273.20 (if weekly close above 190.90) then 273.20 is first target of weekly breakout with sl 168 closing basis) if monthly candle close above 190.90 then final target stock new life high with sl 150/- closing basis day target holding 14 days weekly target holing 76 days monthly target may be complete in 250 days "Disclaimer : Education purpose only Before take any position consult with your financial adviser"
NSE:APOLLOLong
by paragonbroking
2
Apollo micro system : Study and forecast Apollo micro system is currently breaking out with huge volume on daily chart frame. Current P/E Stand around 38 buying can be seen at Retesting level. Keep an eye on Retesting at provided level as soon as u see the big green candle at Retesting zone we can make long trade keeping small stop loss. My views are bullish on it.. Note : This is just an educational idea Please do not buy or sell any stocks based on the idea shared on my profile you must take advice from your financial advisor for any kind of investment.
NSE:APOLLOLong
by AqibMalikk