Defese Multibagger Stock: Tension in India and Pakistan has been at its peak since the Pahalgam terror attack. At any time, there is talk of an attack on Pakistan from India. Due to this, there is a great rally in the stock of defense companies. This has also benefited from the defense sector company Apollo Micro Systems. The stock has a rally of 1,600% in the last 5 years. Due to this, investors have bumper earnings. Let us tell you that in the last 5 years, the share price has increased from ₹ 7 to Rs 124.
6.96% boom on Monday
On Monday, the shares of Apollo Micro Systems Limited saw a great rise of 6.96%. This speed came from the company due to the announcement of IDL Explosives Limited’s cash acquisition of ₹ 107 crore. The company is a major industrial explosive company owned by the Hinduja Group. The purpose of this acquisition is to expand the abilities of Apollo in artillery, missiles and other high -impact defense systems. The agreement was signed on 2 May 2025 through Apollo -owned subsidiary Apollo Defense Industries Private Limited (ADIPL). The deal consists of 78.65 lakh shares that cost ₹ 136.04 per share.
Strategic importance to defense sector
This acquisition will increase the dominance of Apollo in defense manufacturing. The company will be established as a strong player in missile technology, artillery system and explosive-based weapons. This step is in accordance with the ‘Self -reliant Bharat’ campaign for the creation of self -reliant defense capabilities of the Government of India. Significantly, the Government of India is promoting Make in India. Under this, the government’s emphasis is also on the defense sector.
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