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Sanjay Ahuja

12th Apr · SEBI-Registered Analyst

APOLLO MICRO SYSTEMS BECOMES THE ONLY INDIAN COMPANY TO MANUFACTURE UNDERWATER EXPLOSIVES FOR INDIAN NAVY

APOLLO
has successfully completed blast trials for limpet mines, a key naval explosive, highlighting the strategic importance of the achievement. The company has become the only Indian firm to develop this product, enhancing it's underwater mine solutions and electronic warfare capabilities for the Indian Navy. This trial marks a major step forward in it's efforts to strengthen it's position in the underwater defence and electronic warfare segment. The company has delivered good profit growth of 57% CAGR over last 3 years. Moreover, it's stock price has also delivered strong returns of 130% in the year 2025, and has since corrected 15% year till date thereby making it an opportunity to enter the stock for long term investing.

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