Markets
Apollo Micro Systems gains 8.5 percent following strong quarterly results
Originally reported by LiveMint Markets as: Apollo Micro Systems shares: Defence stock up 60% in 2026, soars 8% in Q2 rally - Key levels to watch next
27 Oct 2026, 11:01 am IST · Xecute.finance News Desk
The crisp read
Apollo Micro Systems shares surged 8.5 percent on Tuesday after reporting robust September quarter earnings. Net profit grew by 55.6 percent year on year to ₹48.4 crore alongside a 72.2 percent jump in revenue to ₹388 crore. The company also recorded an all-time high order book of ₹1,765 crore.
Why it matters: Tracks strong momentum and financial performance in a key defence sector stock for Indian investors.
Deep dive - the full story
Apollo Micro Systems shares witnessed an 8.5 percent increase on Tuesday following the announcement of its September quarter financial results. The enterprise registered a 55.6 percent year on year rise in net profit, bringing the figure to ₹48.4 crore. Simultaneously, revenue expanded by 72.2 percent to reach ₹388 crore, while the total order book scaled up to a record ₹1,765 crore.
The sharp appreciation in share price underscores growing investor confidence in the defence manufacturer's operational expansion and profitability. With a 60 percent gain accumulated in 2026 and an 8 percent surge during the recent quarterly rally, market participants are closely evaluating key technical levels to gauge the sustainability of this upward trajectory.
Investors and market watchers should monitor upcoming price movements and critical support or resistance levels identified by analysts. Shareholders are advised to keep track of execution updates regarding the record ₹1,765 crore order book to ensure delivery timelines match the stellar financial growth reported.
Source: livemint.com
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