New Delhi, Sept. 3 -- Apollo Microsystems share price continues to rise on Wednesday. The defence stock surged as much as 3 per cent to Rs.301.75 apiece on September 3. The scrip opened at Rs.294.40 in early morning session, as compared to previous close of Rs.292.70.
Apollo Microsystems shares have skyrocketed nearly 23 per cent in five days and 74 per cent in last one month.
"Apollo Micro Systems' share price has witnessed a significant trendline breakout on the monthly chart, particularly above the Rs.230 mark, indicating the potential for a strong upward move. This breakout is visible on the weekly and monthly timeframes, suggesting robust bullish sentiment," said Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi.
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