New Delhi, Nov. 7 -- Apollo Micro Systems share price gained over 2% on Friday after the company announced receipt of order from DRDO and other defence PSUs and private companies. The defence stock rallied as much as 2.58% to Rs.273.35 apiece on the BSE.

Apollo Micro Systems announced that in the ordinary course of its business, it has received orders worth Rs.11.02 crore from Defence Research and Development Organisation (DRDO), Rs.22.57 crore from Defense Public Sector undertaking and Rs.50.8 lakh from Private Companies.

The total orders received by the Company amounts to Rs.34.096 crore, Apollo Micro Systems said in a regulatory filing on November 7.

Earlier this week, Apollo Micro Systems reported its Q2 results. The company had po...