Apollo Micro Systems Ltd Hits Lower Circuit Limit with Intraday Low of Rs 301.05

Apollo Micro Systems Ltd, a small-cap player in the Aerospace & Defense sector, experienced significant trading activity today as its stock hit the lower circuit limit. The stock closed at Rs 302.35, reflecting a decline of Rs 14.55 or 4.59% from the previous trading session. Notably, the stock reached an intraday low of Rs 301.05, marking a 5% drop during the day.
The total traded volume stood at approximately 38.21 lakh shares, with a turnover of Rs 117.74 crore. Despite the downturn, the stock's weighted average price indicated that more volume was traded closer to its low price, suggesting a shift in trading dynamics. Over the past three days, Apollo Micro Systems has seen a consecutive decline, with returns down by 8.99%.

In terms of moving averages, the stock remains above its 50-day, 100-day, and 200-day averages but is below its 5-day and 20-day averages. The stock's liquidity appears adequate for trading, with delivery volume rising by 46.95% compared to the 5-day average. Overall, Apollo Micro Systems has underperformed its sector today, with a 1D return of -4.51% compared to the sector's -1.91%.