A defence goldmine? Up already 100% this year, Apollo Micro Systems shares rally 4% to hit fresh all-time high

Shares of Apollo Micro Systems surged 4% on Monday, hitting a lifetime high and gaining nearly 25% in the last five trading sessions. The defence-focused technology company has doubled investors’ wealth since January and delivered over 500% returns since its 2018 listing. It supplies mission-critical systems for India’s submarine programme, aerospace, and homeland security, boosting indigenisation and strategic capabilities.