HighPositive
Announced Wed, 22 Jul · 20:12 IST

Multibagger defence stock Apollo Micro Systems to be in focus tomorrow; here's why

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shares of Apollo Micro Systems are expected to attract investor attention after the company secured a Make-II Prototype Sanction Order from the Indian Navy to develop SAVIOR-ASW, India's first indigenously built semi-submersible autonomous vessel for anti-submarine warfare surveillance. The unmanned, self-powered maritime platform uses a hydrophone array to detect submarines and transmit intelligence to naval command centres. The order marks the company's formal entry into autonomous maritime and underwater warfare systems.