New Delhi, Dec. 31 -- Multibagger defence stock Apollo Micro Systems jumped 5% on Wednesday, December 31, following orders worth Rs.420 crore, including one from Maharatna PSU Coal India's subsidiary.

The company said its subsidiary IDL Explosives bagged an order worth Rs.419.39 crore for the supply of bulk explosives to Coal India's subsidiaries, along with an export order of Rs.1.5 crore for the supply of cartridge explosives.

Apollo Micro Systems earlier today, in an exchange filing, said, "M/s. IDL Explosives Limited, a step-down subsidiary of the Company in the ordinary course of its business, has been granted a Running Contract (RC) for the supply of bulk explosives to Subsidiaries of Coal India Limited, amounting to INR 4193.96 M...