Apollo Micro Systems bags supply order worth Rs59.62cr; Stock climbs 2.5%

The order is for supplying security & surveillance systems.

Aug 27, 2021 12:08 IST India Infoline News Service

Businessman showing growing charts
Apollo Micro Systems Limited has bagged an order for supplying security & surveillance systems worth Rs59.62cr, the company said in a regulatory filing on Thursday.

At around 12.43 pm, Apollo Micro Systems Ltd was trading at Rs110.55 per piece up by Rs2.7 or 2.5% from its previous closing of Rs107.85 per piece on the BSE.
The scrip opened at Rs109.90 and has touched a high and low of Rs111.75 and Rs109 respectively.

Earlier this month the company announced results for the quarter ended June 2021. Net profit declined 38.54% to Rs0.59cr in Q1FY22 as against Rs0.96cr in Q1FY21. Sales rose 13.94% to Rs27.05cr in Q1FY22 as against Rs23.74cr in Q1FY21.

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