Shares of Apollo Micro Systems Ltd. rose 1.4% to ₹271.90 after the company announced it has received a government license to manufacture equipment under the defence aircraft category.

Key Details:

• The license specifically covers activities related to unmanned helicopters and aerial systems, which is a prerequisite for securing manufacturing opportunities with the Ministry of Defence.
• It authorizes the company to design, develop, and produce Unmanned Aerial Vehicles (UAVs) for defence purposes that operate without an onboard human pilot.
• This development follows a recent order worth ₹57.69 million received from the Defence Research and Development Organisation (DRDO) in November.

Stock Performance:
The company's stock has been a strong performer, rising approximately 135% year-to-date.

(Source: Thomson Reuters. © Copyright 2025.)