Read on the application
Shares of Apollo Micro Systems, a small-cap company associated with the aerospace and defense sector, have jumped more than 400 percent in a year. The company has also posted strong profits in the September quarter. Apollo Micro Systems’ profit rose 300% in the September 2023 quarter. Apollo Micro Systems reported a revenue of Rs. 6.55 crores has made a consolidated net profit. The company’s profit in the September quarter of last year was Rs 1.63 crore.
55% increase in company revenue
In the September quarter of the current financial year, the revenue of Apollo Micro Systems increased by over 55 percent to Rs 87.16 crore. In the September quarter of last year, the company’s revenue was Rs. 56.27 crores. At the same time, the company’s revenue for the June quarter of the current financial year was Rs 57.69 crore. The company in June 2023 quarter Rs. 1.65 crore profit was made. After strong results, shares of Apollo Micro Systems rose 7% to Rs 120.45 on Friday. However, it closed at Rs.116.79 at the end of trading.
Also read- This company will install SBI ATM, looting to buy shares after hearing the news, money lost to investors
Over 400% rise in the company’s stock in one year
Shares of Apollo Micro Systems have gained 407% in the past one year. On November 17, 2022, the company’s share was Rs. Was at 23.07. Share of Apollo Micro Systems on November 10, 2023 Rs. closed at 116.79. Shares of Apollo Micro Systems have gained 237% in the past 6 months. At the same time, the company’s shares have gained 281 percent so far this year. Shares of Apollo Micro Systems have gained nearly 78% in the past one month alone. On October 11, 2023, the shares of the company were Rs. 65.79, which is now Rs. 116.79 has been reached.
Also Read- Money Doubled In 6 Months, Share Price Still Rs. Below 50, investors are happy