Apollo Micro Systems shares gained nearly 2.5% in Friday's trading session following the company's receipt of trading approval from both BSE and NSE for preferential shares issued to promoters and non-promoters. The defence stock opened lower in early morning trading but recovered losses to touch an intraday high of ₹259.00 per share.

Trading Approval Details

According to the exchange filing, the defence company received trading approval for the following preferential issue:

Lock-in Requirements

In compliance with SEBI regulations on preferential issues, the allotted shares are subject to specific lock-in periods:

• 1,06,86,200 equity shares: Locked until July 9, 2027
• 14,61,764 equity shares: Locked until July 9, 2026

Strong Financial Performance

For Q2 FY26, Apollo Micro Systems delivered robust financial results driven by strong order book execution:

The company's operational performance was supported by smooth ramp-up of several high-value systems into production, contributing to the significant margin expansion.

Share Price Performance

Despite market volatility, Apollo Micro Systems has maintained strong momentum across different time horizons:

• One month: +5.27%
• Six months: +34.00%
• Five years: +1,845.00%

The stock established a 52-week high of ₹354.65 on September 17, 2025, and a 52-week low of ₹101.05 on April 7, 2025, demonstrating significant price appreciation over the period.

Apollo Micro Systems has successfully secured trading approval for equity shares issued through preferential allotment, marking a significant milestone for the smallcap defence company. The development has generated positive market sentiment, with the stock demonstrating upward momentum during trading.

Stock Performance and Market Response

The company's shares showed strong performance during the trading session, with notable price appreciation following the announcement.

The stock opened flat at ₹253.10 but gained momentum throughout the session, reaching a peak of ₹259.45, reflecting investor confidence in the company's strategic moves.

Preferential Share Listing Details

The company has received approval for trading of a substantial number of preferential shares, enhancing its market presence and providing additional liquidity.

Long-term Performance Track Record

Apollo Micro Systems has established itself as a notable performer in the defence sector, delivering exceptional returns to shareholders over an extended period. The company has generated returns exceeding 700% over the past three years, positioning it among the high-performing stocks in the smallcap defence segment.

Market Positioning

As a smallcap defence stock, Apollo Micro Systems operates in a sector that has witnessed significant attention from investors. The successful listing of preferential shares demonstrates the company's ability to execute corporate actions effectively while maintaining market confidence. The positive market response to the preferential share listing indicates investor appetite for the company's securities and confidence in its strategic direction.