Apollo Micro Systems shares are in focus today after the company disclosed a fresh set of orders that reinforce its position in the defence and engineering solutions space. In an exchange filing, the firm said it has secured new contracts worth a total of INR 273.69 million, adding to its ongoing momentum in order inflows.

According to the announcement, Apollo Micro Systems received INR 57.69 million worth of orders from the Defence Research and Development Organisation (DRDO), reflecting the company’s continued engagement in strategic and defence-grade projects. Alongside this, the company also bagged INR 216 million in orders from a private sector client, which the management described as part of its routine business operations.

With these combined wins, the total value of fresh contracts now stands at INR 273.69 million.

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TOPICS: Apollo Micro