New Delhi, Aug. 29 -- Defence stock Apollo Micro Systems surged 12% during Friday's trading session after receiving authorization from the Defence Research and Development Organisation (DRDO) to act as the production agency for the Multi-Influence Ground Mine (MIGM) - Vighana.

Additionally, the company announced that it has entered into an agreement with DRDO for the technology transfer (ToT) of the Omni-Directional multi-EFP warhead for the NASM-SR missile.

Apollo Micro Systems share price today opened at an intraday low of Rs.243.25 apiece on the BSE, the stock touched an intraday high on Rs.271.60 per share. Anshul Jain, Head of Research at Lakshmishree, said that Apollo Micro Systems shares, in the last 22 sessions, Apollo has surge...