New Delhi, Dec. 9 -- Apollo Micro Systems share price declined 5% in early trade on Tuesday amid heavy selling pressure. The small-cap defence stock fell as much as 4.98% to Rs.236.45 apiece on the BSE.

The selling in Apollo Micro Systems share price comes amid a broader sell-off in the Indian stock market today. The benchmark Sensex and Nifty 50 declined over half a percent each.

The company recently announced signing of a Memorandum of Understanding (MoU) with the Government of Telangana (GoT) on December 8, 2025.

Under this MoU, the defence and aerospace technology company, Apollo Micro Systems, along with its subsidiaries and step-down subsidiaries will be setting up a greenfield project in Telangana. The proposed project, with an ...