Apollo Micro Systems signs ₹1,500 crore MoU with Telangana
after close1 source ↓written by the desknot a recommendation
- of Telangana
- 8 Dec 2025
- greenfield project
- ₹1,500 crore
- amid broader market
- 5%
Apollo Micro Systems signed a Memorandum of Understanding with the Government of Telangana on 8 Dec 2025 for a ₹1,500 crore greenfield project. This initiative aims to enhance the company’s manufacturing and explosive filling capabilities, including warheads and artillery systems.
Despite this significant development, the stock fell 5% amid broader market declines, reflecting ongoing selling pressure. 📉
Not investment advice. For informational purposes only.