Amid volatility in the market, the stock has been gaining for the last three days. The counter opened at Rs 111.50 and ended the session at Rs 109.75.
Apollo Micro Systems Limited is one of the multibagger stocks that have offered good returns to investors. According to BSE analytics, the counter has given over 252 per cent return in one year and 675 per cent in two years. However, the scrip has given a negative return of over 8 per cent in six months.
Amid volatility in the market, the stock has been gaining for the last three days. The counter opened at Rs 111.50 and ended the session at Rs 109.75. Meanwhile, the Hyderabad-based company has informed exchanges that MNM & Associates has issued a certificate after examining all share transfer deeds, memorandum of transfers, registers, records and other relevant files and documents maintained with Bigshare Services Private Limited pertaining to the transfer/transmission of equity shares, issue of duplicate share certificate, sub-division, consolidation, renewal, exchange or endorsement of calls/allotment monies for FY2024.
Earlier, the company stated that it entered into a term loan agreement with the State Bank of India (SBI) for the implementation of the upcoming project, Integrated Plant for Ingenious Defence Systems (IPiDS) at Hardware Park, Hyderabad.