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Apollo Micro Systems

APOLLO Share Price

Aerospace & Defense
mtf MTF 2.04x

120.79

4.40 (3.78%)profit

as on 05 May 2025 at 09:27

1D
APOLLO Latest News

Apollo Micro Systems' Unit to Acquire IDL Explosives for 1.07 Billion Rupees

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Apollo Micro Systems' subsidiary, Apollo Defence Industries Pvt Ltd (ADIPL), has entered into a share purchase agreement to acquire 100% of IDL Explosives Limited for 1.07 billion rupees. This acquisition represents a significant corporate action that could potentially expand Apollo Micro Systems' presence in the defense and explosives sector.

4 hours ago

Apollo Micro Systems: Defence Subsidiary to Acquire IDL Explosives for ₹107 Crore

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Apollo Micro Systems' subsidiary, Apollo Defence Industries, has agreed to acquire IDL Explosives Limited for ₹107 crore in cash. The deal aims to enhance Apollo's manufacturing capabilities in Defense Explosives and advance its goal of becoming a Tier-I OEM Weapon Systems Supplier. The acquisition involves 78.65 lakh equity shares at ₹136.04 each, granting Apollo Defence 100% ownership of IDL Explosives.

1 days ago

Apollo Micro Systems' Unit to Acquire IDL Explosives for 1.07B Rupees

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Apollo Micro Systems' subsidiary, Apollo Defence Industries Pvt Ltd (ADIPL), has entered into a share purchase agreement to acquire 100% of IDL Explosives Limited for 1.07 billion rupees.

2 days ago

Past Corporate Actions

DateCorporate ActionInformation
22 Jan 2025
Quarterly Result Announcement
NA
10 Jan 2025
Extraordinary General Meeting
NA
17 Oct 2024
Quarterly Result Announcement
NA
09 Aug 2024
Annual General Meeting
NA
23 Jul 2024
Extraordinary General Meeting
NA

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Biocon Ltd.: Subsidiary Secures Major US Market Access for Biosimilar Yesintek

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Biocon Biologics, a subsidiary of Biocon Ltd., has secured multiple market access agreements for Yesintek, its biosimilar to Stelara, covering over 100 million lives in the US. Major health insurers including Express Scripts, Cigna, United Healthcare, CVS Health, and Optum Rx have added Yesintek to their formularies, effective from various dates in 2025. The drug is approved for treating several autoimmune diseases and is available in multiple formulations.

BIOCON

328.40

9.50
(2.98%) profit
28 minutes ago

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Jaguar Land Rover: JLR Resumes US Car Exports Amid Tariff Concerns

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Jaguar Land Rover (JLR), a subsidiary of Tata Motors, has reportedly resumed vehicle shipments to the US after a month-long pause due to new tariffs. The first shipments left the UK last Wednesday, though JLR has not officially confirmed this. The resumption comes despite ongoing concerns about the 25% tariffs imposed by the US on automobile imports.

TATAMOTORS

660.05

8.05
(1.23%) profit
3 hours ago

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RBL Bank Added to F&O Ban List

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RBL Bank has been placed under the futures and options (F&O) ban list, indicating restrictions on trading in its derivatives.

RBLBANK

201.43

1.26
(0.63%) profit
4 hours ago

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Kotak Mahindra Bank: Microfinance Stress Persists, Reevaluating Long-term Strategy

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Kotak Mahindra Bank is reassessing its approach to microfinance due to limitations in the joint liability group model. While personal loan and credit card stress has moderated, microfinance continues to face challenges. The bank is reducing its microfinance exposure and expects stress to continue for one or two more quarters. CEO Ashok Vaswani indicates a potential rethinking of the microfinance business model.

KOTAKBANK

2,077.60

-107.60
(-4.92%) profit
9 hours ago

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Ola Electric: ICRA Downgrades Automotive Unit Amid Sales Decline

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ICRA Ltd. downgraded Ola Electric Technologies' debt rating from 'A' to 'BBB+' due to slower-than-expected sales growth and extended cash burn. Monthly sales fell 42% year-on-year in April, with market share dropping to 21%. ICRA estimates losses of Rs 1,900-2,000 crore in FY25. The company faces increased competition, regulatory scrutiny, and delayed product launches.

OLAELEC

48.38

-0.19
(-0.39%) profit
20 hours ago

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Maruti Suzuki: Flexible Production Lines to Accommodate ICE and EV Models

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Maruti Suzuki is adapting its production lines to manufacture both internal combustion engine (ICE) and electric vehicle (EV) models. The company plans to add 20 lakh units production capacity by 2030-31, with 28 different models. Their first EV, e-Vitara, is set to launch in September, primarily for export markets. The company acknowledges that EVs will have lower profitability compared to ICE vehicles.

MARUTI

12,472.00

66.00
(0.53%) profit
20 hours ago

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IRCTC: New Rule Bans Wait-Listed Passengers from AC and Sleeper Coaches

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IRCTC implements a new rule from May 1 prohibiting wait-listed passengers from traveling in AC or sleeper coaches. Violators face fines up to ₹440 and must disembark at the next station. The measure aims to reduce overcrowding and improve comfort for confirmed ticket holders.

IRCTC

752.60

3.95
(0.53%) profit
21 hours ago

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Hexaware Technologies: Banking Segment Expected to Outperform in 2025

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Hexaware Technologies' CEO predicts banking business growth to exceed company average in 2025. BFSI vertical, contributing over 50% of revenue, is insulated from US tariff impacts. Sharp turnaround expected in Q2 2025 with potential double-digit quarter-on-quarter growth in banking. Healthcare and insurance segments to align with company's average growth. Manufacturing and consumer segments face headwinds due to tariffs.

HEXT

705.25

4.70
(0.67%) profit
1 days ago
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