Defence stock Apollo Micro Systems surged 12% during Friday’s trading session after receiving authorization from the Defence Research and Development Organisation (DRDO) to act as the production agency for the Multi-Influence Ground Mine (MIGM) – Vighana.
Additionally, the company announced that it has entered into an agreement with DRDO for the technology transfer (ToT) of the Omni-Directional multi-EFP warhead for the NASM-SR missile.
