Apollo Micro Systems Partners with Troop Comforts for Advanced Defense Systems, Shares Decline 5% Amid Market Volatility and Strategic Moves.

Apollo Micro Systems Share Updates

Apollo Micro Systems shares are likely to be in focus during trading today, Wednesday. On Tuesday, the company’s shares fell by 5%, reaching an intraday low of ₹118.35.

After the market closed, Apollo Micro Systems announced a significant deal. The company has entered into a strategic partnership with Troop Comforts for the joint manufacturing, marketing, and development of advanced air-defense systems. Additionally, Apollo Micro Systems has formed separate partnerships with Munisans India Limited for the development of various defense systems.

Details of the Partnership

On Tuesday, Apollo Micro Systems, a supplier of electronic hardware for the aerospace and defense sectors, announced that it signed a Memorandum of Understanding (MoU) with Troop Comforts Limited. This collaboration aims to create a range of systems to meet the demands of Indian defense forces, paramilitary forces, police organizations, central government bodies, civilians, and export markets. The partnership emphasizes joint manufacturing, marketing, and development efforts.

In their filing, Apollo Micro Systems stated, “The MoU exchange strengthens our commitment to avail collective expertise and resources to promote innovation in the field.”

Stock Performance

On February 11, shares of Apollo Micro Systems dropped more than 5% on the Bombay Stock Exchange (BSE), hitting a low of ₹125.05. The stock closed at ₹119.1, marking a decline of 4.76%. Over the past week, the stock is down by 7%, but it has delivered impressive returns of 22% to shareholders over the last three months. In the calendar year 2025, Apollo Micro Systems shares have seen a growth of 4%.