New Delhi, Sept. 18 -- It was another bull day for Apollo Micro Systems as shares jumped 2% to the day's high of Rs.348 apiece in Thursday's trade, just 2% shy of its record high of Rs.354.70 apiece, which it touched in the previous trading session.

The shares have been maintaining a steady winning run since the start of August and have gained 103% since, underscoring the strong demand the stock is receiving from Dalal Street investors. The robust financial performance with each passing quarter, steady inflow of orders, and improving sentiment toward defence stocks are all aiding a stellar rally in the shares.

Further, the company, in its regulatory filing today, informed that it has entered into Memoranda of Understanding (MoUs) with S...