New Delhi, Aug. 4 -- Multibagger defence stock Apollo Microsystem rose as much as 2 per cent to Rs.173.19 apiece in Monday's trading session after the company reported strong quarterly results on August 4.

The defence stock has remained volatile in short-term. The stock fell over 10 per cent in a month, meanwhile, ascended over 35 per cent in six months. Apollo Microsystem shares have given multibagger returns to its long-term investors by soaring over 1,298.63 per cent in five years.

The defence company reported 110 per cent year-on-year (YoY) increase in its net profit to Rs.176.8 million for the quarter ending on June quarter this year, as compared to Rs.84.3 million last year same period.

" This performance also translated into rob...