BOM:540879

Apollo Micro Systems Clinches Orders Worth INR510 Million; Shares Up 4%

Defense manufacturer Apollo Micro Systems (NSE:APOLLO, BOM:540879) has secured new orders worth a total of 510.3 million Indian rupees, according to a Friday filing to the Indian stock exchanges.Of the total, orders of 174.8 million rupees from the Ministry of Defence, Government of India, contracts of 95.3 million rupees from public sector defense undertakings, and orders worth 240.2 million rupees from private companies.The company's shares were up nearly 4% in recent trade.