Recent Price Movement and Market Context
The stock has outperformed its sector and broader market indices in the short term, gaining 8.39% over the past week compared to the Sensex’s modest 0.53% rise. Notably, the stock has been on a two-day consecutive gain streak, delivering an 8.32% return during this period. This recent rally culminated in the stock touching an intraday high of Rs 240.90 on 28-Jan, signalling renewed buying interest.
While the stock’s one-month and year-to-date returns remain negative at -9.88% and -11.50% respectively, these figures contrast sharply with its exceptional long-term performance. Over the last year, Apollo Micro Systems has delivered a staggering 102.52% return, vastly outpacing the Sensex’s 8.49% gain. Its three-year and five-year r...
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