New Delhi, Dec. 2 -- Multibagger defence stock Apollo Micro Systems gained 3% in intra-day deals on Tuesday, December 2 after the firm received a major regulatory boost after being granted an Industrial Explosives and Manufacturing License by the Department for Promotion of Industry and Internal Trade (DPIIT).

The approval marks a significant milestone for the Hyderabad-based defence and engineering technologies company and strengthens its eligibility for upcoming Ministry of Defence (MoD) contracts.

The company notified the exchanges on December 1, 2025, that the newly granted license authorises it to manufacture several strategic defence-grade products, including Unmanned Aerial Systems (UAS), Inertial Navigation Systems (INS), and ad...