Apollo Micro Systems Stock Hits Upper Circuit Limit with Intraday High of Rs 291.75

Apollo Micro Systems Ltd, a small-cap player in the Aerospace & Defense sector, has shown remarkable activity today as its stock hit the upper circuit limit. The stock reached an intraday high of Rs 291.75, reflecting a gain of 4.98% from the previous close. This surge comes amid a total traded volume of approximately 43.89 lakh shares, resulting in a turnover of Rs 125.82 crore.
The stock opened with a notable gap up, starting the day with a 3.99% increase. In terms of performance, Apollo Micro Systems has outperformed its sector by 2.33%, while the broader market, represented by the Sensex, saw a minimal gain of 0.02%. The stock's last traded price was Rs 281.15, with a change of Rs 3.25, or 1.17%.

Additionally, the stock's delivery volume has seen a rise of 4% compared to the five-day average, indicating increased investor participation. The stock is currently trading above its 5-day, 100-day, and 200-day moving averages, although it remains below the 20-day and 50-day averages. Overall, Apollo Micro Systems Ltd has demonstrated strong performance today, reflecting positive market sentiment.