Apollo Micro Systems shares rise over 1% as company nears Premier Explosives deal
Apollo Micro Systems shares rose by over 1% amid reports of nearing a deal to acquire Premier Explosives for Rs 2,300-2,500 crore. The acquisition would expand Apollo's footprint in defense manufacturing, joining expertise in explosives and defense electronics at a time of increasing Indian defense spending.
Apollo Micro Systems Premier Explosives defense acquisition India defense Hyderabad
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Apollo Micro Systems shares rise over 1% as company nears Premier Explosives deal
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