Investor optimism grows on defence push, but valuations look stretched
21-May-2025•Ujjal Das
Adobe Stock
Apollo Micro Systems is on fire. The stock surged nearly 8 per cent intraday today (May 21, 2025), hitting Rs 148 and clocking one of the biggest gains in the defence manufacturing pack. While the broader market moved cautiously, this small-cap player seemed to have found a new ignition source.
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