New Delhi, March 5 -- Apollo Micro Systems share price gained over 2% on Wednesday after the company shared an update regarding receipt of business orders. The small-cap defence stock gained as much as 2.46% to Rs.114.50 apiece on the BSE.

Apollo Micro Systems, on 10 February 2025, had announced the receipt of orders worth Rs.50.97 crore from multiple private companies. In a stock exchange filing on March 5, the defence company updated the details of these orders received last month.

Firstly, the company received an order from Reliable Technosystems India Pvt. Ltd. for manufacturing of electronic components.

The consideration, or the order size, is Rs.11.69 crore and the time period by which the contract is to be executed is within 4 m...