New Delhi, Jan. 28 -- Apollo Micro Systems share price rallied over 6 per cent to Rs.122.80 after falling to intraday low to Rs.112.30, on January 28. The defence stock saw an upward rally after the company announced that it has secured an order from Defence Research and Development Organisation (DRDO).

"We are pleased to inform that the company has been declared as the Lowest Bidder (L1) for orders worth Rs. 7.37 crores from Defence Research and Development Organisation (DRDO)," the company said in an exchange filing.

This marks the company's second consecutive order win from DRDO within two months. In December 2025, Apollo Micro Systems secured an order worth Rs.6.14 crore from DRDO. Prior to this, the company had been named the lowes...