Apollo Micro Systems Leads Defence Sector Rally with 11% Surge Amid Private Sector Momentum
मुख्य बातें
- •Apollo Micro Systems surged 11% on Wednesday, leading a rally in the Indian defence sector.
- •The Nifty India Defence index traded positively, supported by gains in Paras Defence and other stocks.
- •Apollo Micro’s rise reflects investor confidence in private sector defence manufacturers amid government initiatives like ‘Make in India’.
- •Paras Defence also gained significantly, driven by a strong order book and diversified product offerings.
- •The rally is supported by recent defence policy reforms and heightened focus on self-reliance in defence production.
Shares of Apollo Micro Systems witnessed a significant surge of 11% on Wednesday, propelling the company to the forefront of a broader rally in the Indian defence sector. The stock’s upward momentum came as part of a wider trend that saw the Nifty India Defence index trading in positive territory throughout the trading session. Market analysts attributed the gains to strong private sector participation and heightened investor interest in defence-related stocks.
