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APOLLO MICRO SYSTEMS Plunges 3%; BSE CAPITAL GOODS Index Down 1.2%
Thu, 1 Aug 15:46

APOLLO MICRO SYSTEMS Plunges 3%; BSE CAPITAL GOODS Index Down 1.2%Image source: peterschreiber.media/www.istockphoto.com

APOLLO MICRO SYSTEMS share price has plunged 3% and is presently trading at Rs 115.5.

Meanwhile, the BSE CAPITAL GOODS index is at 74,751.2 (down 1.2%).

Among the top losers in the BSE CAPITAL GOODS index today are Lakshmi Machine (down 2.7%) and HINDUSTAN AERO. (down 2.2%).

ADANI GREEN ENERGY (up 3.3%) and Thermax (up 2.3%) are among the top gainers today.

Over the last one year, APOLLO MICRO SYSTEMS has moved up from Rs 57.7 to Rs 115.5, registering a gain of Rs 57.8 (up 100.2%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 44,045.9 to 74,751.2, registering a gain of 69.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 196.4%), HINDUSTAN AERO. (up 143.0%) and Bharat Electronics (up 138.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,867.6 (up 0.2%).

The top gainers among the BSE Sensex today are Power Grid Corp. (up 3.8%) and HDFC Bank (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Power Grid Corp..

In the meantime, NSE Nifty is at 25,006.0 (up 0.2%). Power Grid Corp. and Coal India are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,867.6, registering a gain of 15,339.9 points (up 23.1%).

APOLLO MICRO SYSTEMS Financial Update...

APOLLO MICRO SYSTEMS net profit grew 79.3% YoY to Rs 129 million for the quarter ended March 2024, compared to a profit of Rs 72 million a year ago. Net sales rose 26.8% to Rs 1,354 million during the period as against Rs 1,068 million in January-March 2023.

For the year ended March 2023, APOLLO MICRO SYSTEMS reported 28.2% increase in net profit to Rs 187 million compared to net profit of Rs 146 million during FY22. Revenue of the company grew 22.3% to Rs 2,975 million during FY23.

The current Price to earnings ratio of APOLLO MICRO SYSTEMS, based on rolling 12 month earnings, stands at 113.8.


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