Stocks of this company gain after bagging order from Coal India, check share price and other details

The stock market is seeing mixed trading on the first day of the new year. Meanwhile, on January 1st, Apollo Micro Systems Ltd., a defence and aerospace company, shared important information with its shareholders on the very first day of the year, and since then, the stock has been trading in the green.

Apollo Defense Industries Private Limited, a subsidiary of Apollo Micro Systems Ltd, has entered into an agreement with a private company for the execution of a contract worth ₹1,500 crore as part of its normal business operations, the company said in a filing. This agreement is considered a significant step towards expanding the company’s business and strengthening its order book.

As of 12:56 pm, the stock was trading at Rs 275.05, up 1.05% or Rs 2.85 on the BSE, while on the NSE, the stock was trading at Rs 274.40, up 0.88% or Rs 2.40.