APOLLONSEAPOLLO MICRO SYSTEMS LTD· Aerospace & DefenseHighPositive
Announced Tue, 28 Jul, 2026 · 12:15 IST

Awarded Make-II Prototype Sanction Order by Indian Air Force

Govt Defence OrderBusiness Updates View source PDFExplain this filing

APOLLO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-3.9%Reaction day
₹391.80
prior close
₹379.15
announcement price
In-mkt
timing
Nifty Microcap 250market-1.3%-2.6% vs market
Aerospace & Defense peers, median of 24sector-2.1%-1.8% vs sector

On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 1.8 pts less than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.4
10m
+0.8
15m
+0.8
30m
+0.4
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-3.9-1.3-2.6-2.1-1.8
Next day
-2.4-0.8-1.6-1.2-1.2
2d
-4.0-1.4-2.7-2.5-1.5
3d
-0.9-0.3-0.5-1.1+0.3
4d
+1.3+1.0+0.3+0.8+0.5
5d
+1.5+1.5-0.0+0.1+1.3
1w
+3.2+3.1+0.1+1.8+1.4
15d
-0.7+4.1-4.8+3.7-4.4
1m
-1.0+4.8-5.7+4.4-5.3
2m
+5.8+3.1+2.6+3.4+2.4
3m
+5.4-3.6+8.9-6.6+11.9
UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 24Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Apollo Micro Systems has been awarded a Make-II Prototype Sanction Order by the Indian Air Force for developing the IPREK guidance kit. This converts existing 500 Kg bombs into precision standoff weapons usable from 80-100 km away with 3 metre accuracy. Uses indigenous NavIC satellite navigation. No government cost during prototype phase, but procurement is committed upon successful demonstration. Marks AMS entry into precision guided munitions as a Prime OEM.

Likely market impact

Positive milestone - entry into high-barrier defence segment with potential follow-on procurement after prototype success