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DefenceHigh impactAfter close

Apollo Micro Systems acquires IDL Explosives for defence expansion

after close1 source ↓written by the desknot a recommendation

of IDL Explosives
100%

Apollo Micro Systems has completed the acquisition of 100% of IDL Explosives Limited through its subsidiary, Apollo Defence Industries. This strategic move enhances its capabilities in defence-grade explosives and propellants, significantly broadening its defence portfolio. The integration of IDL as a step-down subsidiary positions Apollo for stronger growth in the defence sector. 💼

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 17 Nov 2025, 16:05 IST.

Sourcesnews.google.com

The market after the news

APOLLO closed −1.7% on the day of the news, from ₹278.85 to ₹274.00; Nifty −0.4% over the same session.

Bulletin at 16:05 IST on 17 Nov 2025. Every change is measured from ₹278.85, the last close before it, on 17 Nov. Nifty 50 is measured over the same sessions.

  • APOLLO close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
APOLLO closes around the bulletin against the close before the news, with Nifty 50 rebased to it225.42278.85332.28axis spans 47%before the news · 17 Nov278.85Nifty 50APOLLObulletinD0+1+3+511 Nov21 Nov2 DecReference close ₹278.85. 16 sessions from 11 Nov to 2 Dec; the price axis spans 47 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before17 Nov₹278.85basebase
On the day18 Nov₹274.00▼ −1.7%▼ −0.4%−1.3 pp difference
+1 session19 Nov₹279.40▲ +0.2%▲ +0.1%+0.1 pp difference
+3 sessions21 Nov₹271.70▼ −2.6%▲ +0.2%−2.8 pp difference
+5 sessions25 Nov₹272.65▼ −2.2%▼ −0.5%−1.7 pp difference
Gap at the open, % · ₹
▲ +0.4%+1.20 on 18 Nov
Day's range, % · ₹
2.7%≈ 7.6 high to low
Volume on the day
0.36×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · APOLLO on the desk →

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