Apollo Micro Systems surges on inking pact to acquire 41.33% stake in Premier Explosives

Apollo Micro Systems Ltd. | Aerospace & Defense | Capital Goods & Industrial Consumables | BSE: 540879 | NSE: APOLLO

10 Jul 2026 Evaluate

Apollo Micro Systems is currently trading at Rs. 409.90, up by 11.30 points or 2.83% from its previous closing of Rs. 398.60 on the BSE.

The scrip opened at Rs. 413.00 and has touched a high and low of Rs. 417.90 and Rs. 403.75 respectively. So far 10.87 lakh shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 466.70 on 03-Jul-2026 and a 52 week low of Rs. 162.25 on 28-Jul-2025.

Last one week high and low of the scrip stood at Rs. 461.00 and Rs. 387.30 respectively. The current market cap of the company is Rs. 14,645.95 crore.

The promoters holding in the company stood at 51.98%, while Institutions and Non-Institutions held 5.45% and 42.58% respectively.

Apollo Micro Systems has entered into a definitive share purchase agreement with Premier Explosives to acquire Promoter shares of 41.33% for around Rs 1550 crore in all cash deal. Premier Explosives is engaged in the business of High Energy Materials, rocket motors for defence & aerospace, countermeasures and munitions. The transaction is expected to close in third quarter/December 2026, subject to customary closing conditions, regulatory approvals, shareholder approval, etc.

Following completion, Premier Explosives will come under umbrella of Apollo Micro Systems and will continue to operate under its existing brand, with scaled performance. The transaction combines complementary capabilities in defence systems and energetic materials, enabling operational efficiencies, enhanced R&D, and broader participation in defence and space-related programmes.

Apollo Micro Systems offers custom built COTS (Commercially off-the shelf) solutions based on specific requirements to defence and space customers.

Apollo Micro Systems Share Price

408.85 10.25 (2.57%)

10-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
Hindustan Aeronaut.	4506.55
Bharat Electronics	414.90
DCX Systems	199.90
Astra Microwave Prod	1803.80
Zen Technologies	1880.10
View more..

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