Handed over indigenously developed Safety and Detonation Device to Indian Navy

Govt Defence OrderBusiness Updates View source PDF Explain this filing

APOLLO · price

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Price reactionminutes from the announcement price · days from the prior close

+3.3%Reaction day

₹375.95

prior close

₹385.20

announcement price

In-mkt

timing

Nifty Microcap 250market+1.1%+2.2% vs market

Aerospace & Defense peers, median of 24sector+1.4%+1.9% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Microcap 250 and 1.9 pts more 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

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Sessions after the filingfrom the prior close

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Reaction day

+3.3+1.1+2.2+1.4+1.9

Next day

+5.6+2.4+3.1+3.2+2.4

+5.7+2.9+2.9+3.0+2.8

+6.0+4.2+1.8+3.3+2.7

+7.5+4.6+3.0+4.6+2.9

+7.2+4.6+2.6+4.8+2.4

+3.4+4.4-1.0+5.0-1.5

15d

+1.6+5.7-4.1+7.7-6.2

+2.7+6.6-3.9+5.7-3.0

+7.3+5.4+1.9+4.8+2.5

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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 handed over its indigenously developed Safety and Detonation Device (SDD) to the Indian Navy on 30 July 2026 in the presence of senior Navy officials. The 100 percent indigenous device replaces imports for a safety-critical weapon sub-system and is expected to generate a healthy pipeline of production orders and follow-on programmes.

Likely market impact

Strengthens defence credentials and opens the door to future production orders, though no confirmed commercial contract has been disclosed yet.