1690% returns in five years! Multibagger defence stock declares Capex expansion worth ₹300 crore

Key Highlights

• Apollo Micro Systems plans a ₹300 crore investment for a defence project.
• The Telangana government has allotted over five acres of land for the project.
• The facility will focus on weapon system platforms including grad rockets and anti-tank mines.
• The land acquisition cost is ₹27.58 crore at ₹12,000 per square metre.
• This project represents an expansion of Apollo Micro Systems' weapon integration capabilities.