Apollo Micro Systems Ltd hit 52-week high on 16 November after the announcement in the second quarter of FY23 results. Apollo Micro Systems share price opened upside and went on to climb to its fresh 52-week high of Rs 250 per share.
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This small-cap stock with market cap of Rs 486 crore has doubled the money of shareholders in 2021 as it rallied from around Rs 116 to Rs 234 per levels. In the second quarter of FY23 results, the small-cap company announced 13.40 per cent rise in total revenue from operations at Rs 52.39 crore as compared to Rs 46.20 crore in the second quarter of FY22.
Its net profit after tax (PAT) stood at Rs 3.28 crore as compared with Rs 2.74 crore in the second quarter of FY22.
In both the exchanges, the small-cap stock is available for trade. On 16 November, the market cap of Rs 487 crore which was almost 50 per cent of its 20 days average trade volume of 1.47 lakh. Its new 52-week high if Rs 250 whereas its 52-week low is Rs 104.40 per share.
