Apollo Micro Systems (AMS), a pioneering force since its establishment in 1985, has scripted a remarkable tale of success in the defence and aerospace sectors. The recent revelation of a 1:10 stock split has unveiled an extraordinary journey for investors, with a staggering 350% return over the past six years. Let’s delve into the strategic moves and unwavering commitment that have shaped AMS’s trajectory.
News:
AMS, known for its expertise in end-to-end design, assembly, and testing services, recently executed a 1:10 stock split, further enhancing its appeal to investors. The multi-bagger defence Initial Public Offering (IPO), launched in January 2018, at a price band of ₹270 to ₹275 per share, witnessed a substantial 70% listing gain on both BSE and NSE.
The Story of Apollo Micro Systems:
Founded and led by Mr Baddam Karunakar Reddy, AMS has evolved from a design-focused company to a turnkey solution provider. With core expertise in aerospace, defence, and space technologies, AMS offers a spectrum of technological solutions with end-to-end design, assembly, and testing capabilities. The company’s in-house R&D centre, certified by CEMILAC, focuses on developing airworthiness systems, showcasing a commitment to cutting-edge innovation.
AMS’s success is not only attributed to its design capabilities but also its adaptive approach to client needs. The company offers Build to Specifications (BTS), Build to Print (BTP), and New Product Introduction (NPI) services. The Build to Specifications approach involves developing architecture designs that precisely meet technical specifications and environmental requirements, culminating in a robust assembly and testing phase.
Under the Build to Print contracts, AMS executes manufacturing and assembly as per customer-provided drawings, employing a meticulous process from procurement to assembly, ensuring compliance with global standards.
Impact on Investment:
The recent 1:10 stock split on May 4, 2023, marked a significant milestone for AMS investors. Those who remained steadfast in their investment journey saw a tenfold increase in their shareholding. As of the latest update, the share price stands at ₹124 apiece, translating to a substantial rise in the absolute value of investments.
Conclusion:
Apollo Micro Systems’ strategic moves, coupled with its unwavering commitment to technological excellence, have not only led to a remarkable surge in stock value but also positioned the company as a key player in the defence and aerospace sectors. The recent stock split underscores AMS’s dedication to rewarding long-term investors and fortifies its standing as a reliable investment choice. As AMS continues to innovate and evolve, its journey serves as a testament to the potential rewards that unfold for those aligned with its trajectory in the dynamic landscape of defence and aerospace technologies.
