16 Oct 2025 | 3 Mins Read

Smallcap defense stock surges on low bidder for PSU contracts

Flipitmoney

Apollo Micro Systems shares gained 0.36% to Rs 292.20 as it emerged as the lowest bidder for defence orders worth Rs 392.7 million from DRDO and defence PSUs. The company received approval for the Transfer of Technology of Mechatronic Fuze for grenades. Its total order value increased to Rs 392.7 million after being the lowest bidder.