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Sanjay Ahuja

23rd Dec · SEBI-Registered Analyst

SMALLCAP DEFENSE STOCK IN THE NEWS AFTER GETTING APPROVALS FROM DRDO

APOLLO
has been in the news after it received approvals from the Defence Research & Development Organisation (DRDO) for two distinct Transfers of Technology (ToT) relating to Laser-Based Directed Energy Weapon (DEW) systems and the EO Tracking System for DEW. The company has over four decades of experience in defence electronics, specialises in electronic, electro-mechanical and engineering systems for strategic applications. The new approvals would further strengthen it's portfolio and enable scalable production of advance defense solutions for national security requirements.

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