Apollo Micro Systems is an electronic, electro-mechanical, engineering designs, manufacturing and supplies company. AM designs, develops and sells high-performance, mission and time critical solutions to Defence, Space and Home Land Security for Ministry of Defence, government controlled public sector undertakings and private sectors. Its customised solutions are developed using common hardware and software technology IP’s which can be re-configured to suit the end application and domain requirements of end customer.
The Indian aerospace and defence market presents an attractive and significant opportunity to various industry stakeholders across the supply chain. India has one of the fastest-growing global defence markets and spends annually USD 40 billion (1.62% of GDP in FY17) on the sector. India is also one of the largest importers of conventional defence equipment and spends about 31.5% of its total defence budget on capital acquisitions. Defence expenditure is expected to continue to grow, primarily due to the country’s ageing military hardware and technology which is in dire need of replacing, and demands for defence against domestic insurgencies and hostility from neighboring countries.
The Competitive Strength of Apollo Micro Systems:
1)Proven track record in developing new technological systems and order execution
2)Recurring orders from existing programs
3) Strong R&D Capabilities
4) Qualified and experienced workforce and senior management
5)Improving its productivity and competitiveness
6)Leverage Build To Print opportunity
7)Expand its business and geographical footprint through selective acquisitions
8) Continue to grow its overall market share by leveraging our presence in existing business verticals
9) Business Diversification
Its manufacturing facility is located at Hyderabad

Apollo Micro Systems Limited IPO Stock Quote & Charts

72.15

+1.83%

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• Open: 71.85
• High - Low: 73.50 - 70.10
• Previous Close: 70.85
• Total Traded Volume: 26128
• Updated On: 24-Dec-2019

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