{"id":264098,"date":"2026-09-23T12:10:51","date_gmt":"2026-09-23T06:40:51","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=264098"},"modified":"2026-09-23T12:10:51","modified_gmt":"2026-09-23T06:40:51","slug":"missile-electronics-stock-rises-115-percent-in-6-months","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/","title":{"rendered":"This Missile Electronics Stock Rises 115% in 6 Months: What Is Driving the Rally?"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Apollo Micro Systems: CMP Rs 406.45 on 23 Sep 2026, up approximately 115% in 6 months. 52W range Rs 179.50 to Rs 466.50. Market cap Rs 15,148 Cr. FY26 PAT Rs 107.38 Cr. Order book Rs 1,704 Cr.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Apollo Micro Systems Ltd (NSE: APOLLO) is the missile electronics stock that gained approximately 115% between 23 March 2026 and 23 September 2026, moving from Rs 188.72 to about Rs 406.45. A lifetime arms manufacturing licence, record FY26 profit of Rs 107.38 crore and a Rs 1,550 crore move into Premier Explosives drove the rerating. Much of that gain is recovery from a 52-week low of Rs 179.50, because the one-year return is only about 20%.<\/p>\n<\/div>\n<p>This missile electronics stock has more than doubled in six months, from a close of Rs 188.72 on 23 March 2026 to about Rs 406.45 on 23 September 2026, a gain of approximately 115%. The part headlines skip is that the starting point was the bottom of a brutal slide.<\/p>\n<p>The company is <strong><a href='https:\/\/univest.in\/stocks\/apollo\/apollo-micro-systems-ltd-share-price-today'>Apollo Micro Systems Ltd<\/a><\/strong> (NSE: APOLLO), a Hyderabad based maker of custom electronics for missiles, torpedoes, mines and munitions. The Apollo Micro Systems share price hit a 52-week low of Rs 179.50 on 30 March 2026 and a record Rs 466.50 on 3 July 2026. This missile electronics stock ranks among the strongest names on a screen of NSE small-cap stocks ranked by 6-month return, dated 23 September 2026.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href='https:\/\/univest.in\/user\/log-in'>Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#How_Has_This_Missile_Electronics_Stock_Performed_Across_Periods\" title=\"How Has This Missile Electronics Stock Performed Across Periods?\">How Has This Missile Electronics Stock Performed Across Periods?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Why_Did_This_Missile_Electronics_Stock_Rise_115_in_6_Months\" title=\"Why Did This Missile Electronics Stock Rise 115% in 6 Months?\">Why Did This Missile Electronics Stock Rise 115% in 6 Months?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#1_Limpet_Mine_Trials_Cleared_on_9_April_2026\" title=\"1. Limpet Mine Trials Cleared on 9 April 2026\">1. Limpet Mine Trials Cleared on 9 April 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#2_Lifetime_Arms_Licence_on_17_April_2026_Rerated_the_Missile_Electronics_Stock\" title=\"2. Lifetime Arms Licence on 17 April 2026 Rerated the Missile Electronics Stock\">2. Lifetime Arms Licence on 17 April 2026 Rerated the Missile Electronics Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#3_Record_FY26_Numbers_on_18_May_2026\" title=\"3. Record FY26 Numbers on 18 May 2026\">3. Record FY26 Numbers on 18 May 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#4_Premier_Explosives_Deal_and_a_Rs_3322_Crore_Raise_in_July_2026\" title=\"4. Premier Explosives Deal and a Rs 3,322 Crore Raise in July 2026\">4. Premier Explosives Deal and a Rs 3,322 Crore Raise in July 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#5_Ammunition_Orders_and_the_IPREK_Mandate_in_August_2026\" title=\"5. Ammunition Orders and the IPREK Mandate in August 2026\">5. Ammunition Orders and the IPREK Mandate in August 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#6_Seeker_Technology_Transfer_on_16_September_2026\" title=\"6. Seeker Technology Transfer on 16 September 2026\">6. Seeker Technology Transfer on 16 September 2026<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Financials_Behind_This_Missile_Electronics_Stock\" title=\"Financials Behind This Missile Electronics Stock\">Financials Behind This Missile Electronics Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Order_Book_Backing_This_Missile_Electronics_Stock\" title=\"Order Book Backing This Missile Electronics Stock\">Order Book Backing This Missile Electronics Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Shareholding_Trend_in_This_Missile_Electronics_Stock\" title=\"Shareholding Trend in This Missile Electronics Stock\">Shareholding Trend in This Missile Electronics Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Working_Capital_Is_the_Weak_Spot_in_This_Missile_Electronics_Stock\" title=\"Working Capital Is the Weak Spot in This Missile Electronics Stock\">Working Capital Is the Weak Spot in This Missile Electronics Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Key_Risks_in_This_Missile_Electronics_Stock\" title=\"Key Risks in This Missile Electronics Stock\">Key Risks in This Missile Electronics Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Apollo_Micro_Systems_Share_Analyst_View\" title=\"Apollo Micro Systems Share: Analyst View\">Apollo Micro Systems Share: Analyst View<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Apollo_Micro_Systems_Share_Price_Target\" title=\"Apollo Micro Systems Share Price Target\">Apollo Micro Systems Share Price Target<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Other_Stocks_to_Track_From_the_Same_Return_Screen\" title=\"Other Stocks to Track From the Same Return Screen\">Other Stocks to Track From the Same Return Screen<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Which_missile_electronics_stock_rose_115_in_6_months\" title=\"Which missile electronics stock rose 115% in 6 months?\">Which missile electronics stock rose 115% in 6 months?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Why_did_the_Apollo_Micro_Systems_share_price_rise_so_much_in_six_months\" title=\"Why did the Apollo Micro Systems share price rise so much in six months?\">Why did the Apollo Micro Systems share price rise so much in six months?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#What_were_the_Apollo_Micro_Systems_FY26_and_Q1_FY27_results\" title=\"What were the Apollo Micro Systems FY26 and Q1 FY27 results?\">What were the Apollo Micro Systems FY26 and Q1 FY27 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#What_is_the_Apollo_Micro_Systems_share_price_target\" title=\"What is the Apollo Micro Systems share price target?\">What is the Apollo Micro Systems share price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Is_this_missile_electronics_stock_overvalued_at_a_PE_of_132\" title=\"Is this missile electronics stock overvalued at a PE of 132?\">Is this missile electronics stock overvalued at a PE of 132?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#How_large_is_the_Apollo_Micro_Systems_order_book\" title=\"How large is the Apollo Micro Systems order book?\">How large is the Apollo Micro Systems order book?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Has_Apollo_Micro_Systems_announced_a_bonus_or_stock_split_recently\" title=\"Has Apollo Micro Systems announced a bonus or stock split recently?\">Has Apollo Micro Systems announced a bonus or stock split recently?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/missile-electronics-stock-rises-115-percent-in-6-months\/#Should_I_buy_this_missile_electronics_stock_after_a_115_rally\" title=\"Should I buy this missile electronics stock after a 115% rally?\">Should I buy this missile electronics stock after a 115% rally?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_Has_This_Missile_Electronics_Stock_Performed_Across_Periods\"><\/span><strong>How Has This Missile Electronics Stock Performed Across Periods?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Over six months this missile electronics stock returned approximately 115%, but over one year only about 20%. Both are correct, and the gap is the story. Apollo Micro Systems closed at Rs 338.25 on 23 September 2025, slid to Rs 179.50 by 30 March 2026, then doubled off that low.<\/p>\n<p>Figures are simple price changes on NSE closes, split adjusted, using the nearest session where a date fell on a holiday.<\/p>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Reference Date<\/th>\n<th>Reference Price<\/th>\n<th>Return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>6 Months<\/td>\n<td>23 Mar 2026<\/td>\n<td>Rs 188.72<\/td>\n<td>Approximately 115%<\/td>\n<\/tr>\n<tr>\n<td>1 Month<\/td>\n<td>24 Aug 2026<\/td>\n<td>Rs 385.15<\/td>\n<td>Approximately 6%<\/td>\n<\/tr>\n<tr>\n<td>1 Year<\/td>\n<td>23 Sep 2025<\/td>\n<td>Rs 338.25<\/td>\n<td>Approximately 20%<\/td>\n<\/tr>\n<tr>\n<td>3 Years<\/td>\n<td>22 Sep 2023<\/td>\n<td>Rs 53.85<\/td>\n<td>Approximately 655%<\/td>\n<\/tr>\n<tr>\n<td>5 Years<\/td>\n<td>23 Sep 2021<\/td>\n<td>Rs 11.77<\/td>\n<td>Approximately 3,355%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>So this missile electronics stock is part rerating, part recovery. July&#8217;s Rs 466.50 high cleared the September 2025 peak near Rs 354, but most of the 115% came off a depressed base.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Did_This_Missile_Electronics_Stock_Rise_115_in_6_Months\"><\/span><strong>Why Did This Missile Electronics Stock Rise 115% in 6 Months?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Six dated events drove this missile electronics stock: a weapons licence, record results, a Rs 1,550 crore acquisition, fresh ammunition orders and a seeker technology transfer.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Limpet_Mine_Trials_Cleared_on_9_April_2026\"><\/span><strong>1. Limpet Mine Trials Cleared on 9 April 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>On 9 April 2026 the company said it had completed blast trials for limpet mines, the only Indian firm to have built the product for the Indian Navy. This missile electronics stock jumped about 11% that session even as the <a href='https:\/\/univest.in\/indices\/sensex\/sensex-share-price-today'>Sensex<\/a> fell. The win opened the full underwater mine family.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Lifetime_Arms_Licence_on_17_April_2026_Rerated_the_Missile_Electronics_Stock\"><\/span><strong>2. Lifetime Arms Licence on 17 April 2026 Rerated the Missile Electronics Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>On 17 April 2026 the Department for Promotion of Industry and Internal Trade granted a lifetime licence to make arms above 12.77 mm calibre. The Apollo Micro Systems share price closed approximately 16.9% higher at Rs 282.99, the biggest move of the window.<\/p>\n<p>It covers guided weapons, torpedoes, mines, chaff and decoys in one category and aerial bombs, rockets and loitering munitions in the other. For a missile electronics stock that had only sold subsystems, this was permission to sell the finished weapon.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Record_FY26_Numbers_on_18_May_2026\"><\/span><strong>3. Record FY26 Numbers on 18 May 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>FY26 results came on 18 May 2026: consolidated revenue up approximately 61% to Rs 910.60 crore and net profit up approximately 91% to Rs 107.38 crore. March quarter profit of Rs 36.79 crore was up roughly 164%, and the missile electronics stock gained about 22% over the next three sessions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Premier_Explosives_Deal_and_a_Rs_3322_Crore_Raise_in_July_2026\"><\/span><strong>4. Premier Explosives Deal and a Rs 3,322 Crore Raise in July 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>On 6 July 2026 the board approved a preferential issue of up to Rs 3,322.23 crore at Rs 416.60 per share and warrant, cleared by shareholders on 4 August. On 9 July it agreed to buy 41.33% of Premier Explosives for approximately Rs 1,550 crore in cash.<\/p>\n<p>That is backward integration into energetic materials and rocket motors, on top of the IDL Explosives purchase that brought TNT and RDX licences. The missile electronics stock still fell around 5% on 7 July on dilution worries.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Ammunition_Orders_and_the_IPREK_Mandate_in_August_2026\"><\/span><strong>5. Ammunition Orders and the IPREK Mandate in August 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This missile electronics stock disclosed orders worth Rs 213.39 crore on 5 August 2026 from the Defence Research and Development Organisation, defence public sector units and private customers, after Rs 134.35 crore in July.<\/p>\n<p>This missile electronics stock was also empanelled as prime development agency for the Indigenous Precision Range Extension Kit, which turns a 500 kg unguided bomb into a precision glide weapon with range beyond 80 km. On 3 July it was cleared as production agency for the Vighana ground mine.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Seeker_Technology_Transfer_on_16_September_2026\"><\/span><strong>6. Seeker Technology Transfer on 16 September 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Transfer of technology for the Semi-Active Laser Homing System arrived on 16 September 2026, a seeker pairing a laser detector with in-flight course correction. Seekers are the highest value electronics in a guided weapon, which is why a small notice moved this missile electronics stock. ShauryAstra Defence Systems, formed on 24 August under former DRDO chief Dr V K Saraswat, will design complete weapons.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href='https:\/\/univest.in\/screeners'>Check the Univest Screener for Live Fundamentals of High-Return Stocks<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Financials_Behind_This_Missile_Electronics_Stock\"><\/span><strong>Financials Behind This Missile Electronics Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Revenue has compounded near 30% a year over five years and profit faster, with FY26 the strongest year yet.<\/p>\n<table>\n<thead>\n<tr>\n<th>Quarter<\/th>\n<th>Revenue (Rs Cr)<\/th>\n<th>EBITDA (Rs Cr)<\/th>\n<th>Net Profit (Rs Cr)<\/th>\n<th>Operating Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Jun 2025<\/td>\n<td>134.45<\/td>\n<td>41.80<\/td>\n<td>17.68<\/td>\n<td>31.30%<\/td>\n<\/tr>\n<tr>\n<td>Sep 2025<\/td>\n<td>226.56<\/td>\n<td>60.49<\/td>\n<td>30.03<\/td>\n<td>26.85%<\/td>\n<\/tr>\n<tr>\n<td>Dec 2025<\/td>\n<td>253.13<\/td>\n<td>51.30<\/td>\n<td>22.88<\/td>\n<td>20.34%<\/td>\n<\/tr>\n<tr>\n<td>Mar 2026<\/td>\n<td>296.45<\/td>\n<td>70.84<\/td>\n<td>36.79<\/td>\n<td>24.16%<\/td>\n<\/tr>\n<tr>\n<td>Jun 2026<\/td>\n<td>253.54<\/td>\n<td>55.98<\/td>\n<td>25.22<\/td>\n<td>22.28%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>For this missile electronics stock, June 2026 looks soft against March only because defence revenue is milestone based. Year on year, consolidated revenue rose approximately 88% and net profit approximately 43%.<\/p>\n<table>\n<thead>\n<tr>\n<th>Financial Year<\/th>\n<th>Revenue (Rs Cr)<\/th>\n<th>Net Profit (Rs Cr)<\/th>\n<th>Operating Margin<\/th>\n<th>Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>FY23<\/td>\n<td>298.35<\/td>\n<td>18.74<\/td>\n<td>21.82%<\/td>\n<td>7.00%<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>373.46<\/td>\n<td>31.11<\/td>\n<td>23.06%<\/td>\n<td>8.37%<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>564.95<\/td>\n<td>56.36<\/td>\n<td>23.50%<\/td>\n<td>10.03%<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>910.59<\/td>\n<td>107.38<\/td>\n<td>Approximately 23%<\/td>\n<td>Approximately 11.8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Management guides for FY27 revenue growth near 40% to 45%. Net margin near 11.8% trails specialist peers, one reason the premium on this missile electronics stock is argued over.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Order_Book_Backing_This_Missile_Electronics_Stock\"><\/span><strong>Order Book Backing This Missile Electronics Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The consolidated order book was approximately Rs 1,704 crore on 8 August 2026, against Rs 1,432 crore at FY26 end and Rs 735 crore a year earlier. That gives this missile electronics stock roughly 1.9 times FY26 revenue in visibility, not a multi-year cushion.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shareholding_Trend_in_This_Missile_Electronics_Stock\"><\/span><strong>Shareholding Trend in This Missile Electronics Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Foreign institutional holding in this missile electronics stock fell from 8.94% in September 2025 to 3.63% in March 2026, then recovered to 7.59% by June 2026. Promoter holding eased from 51.98% to 49.98%.<\/p>\n<table>\n<thead>\n<tr>\n<th>Shareholder<\/th>\n<th>Sep 2025<\/th>\n<th>Dec 2025<\/th>\n<th>Mar 2026<\/th>\n<th>Jun 2026<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Promoters<\/td>\n<td>50.33%<\/td>\n<td>51.98%<\/td>\n<td>51.98%<\/td>\n<td>49.98%<\/td>\n<\/tr>\n<tr>\n<td>FIIs<\/td>\n<td>8.94%<\/td>\n<td>4.97%<\/td>\n<td>3.63%<\/td>\n<td>7.59%<\/td>\n<\/tr>\n<tr>\n<td>DIIs<\/td>\n<td>1.46%<\/td>\n<td>1.29%<\/td>\n<td>1.81%<\/td>\n<td>1.72%<\/td>\n<\/tr>\n<tr>\n<td>Public<\/td>\n<td>39.27%<\/td>\n<td>41.76%<\/td>\n<td>42.58%<\/td>\n<td>40.71%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The foreign exit maps onto the price fall and its return maps onto the rally in this missile electronics stock. The July raise added 55 investors and 93 warrant subscribers, so the register shifts again.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Working_Capital_Is_the_Weak_Spot_in_This_Missile_Electronics_Stock\"><\/span><strong>Working Capital Is the Weak Spot in This Missile Electronics Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This missile electronics stock closed FY26 with trade receivables of approximately Rs 481.32 crore on revenue of Rs 910.60 crore, roughly 193 days of sales outstanding, plus inventory near Rs 795.29 crore. Operating cash flow was negative approximately Rs 129.76 crore against reported profit of Rs 107.38 crore.<\/p>\n<p>Cumulative operating cash flow over the decade to FY25 was negative while cumulative profit was positive, so this is a pattern. Receivable days peaked near 274 in FY2021 and the FY2025 report flagged Rs 27 crore overdue by three years. A missile electronics stock consuming cash must keep raising equity.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_in_This_Missile_Electronics_Stock\"><\/span><strong>Key Risks in This Missile Electronics Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Valuation:<\/strong> This missile electronics stock trades at a PE of approximately 132 against an industry PE near 49, and a price to book near 10.3. Return on equity is only around 8.6%, so the multiple pays for FY28, not today&#8217;s books.<\/p>\n<p><strong>Cash conversion and dilution:<\/strong> Negative operating cash flow, Rs 532.41 crore of borrowings and the Rs 3,322 crore issue mean holders fund the growth. The warrant leg alone can add roughly 5.69 crore shares.<\/p>\n<p><strong>Promoter pledge and governance:<\/strong> About 35.55% of the promoter stake was pledged as of September 2025, and pledge reduction is expected to finish only by the first quarter of FY28. Institutions voted down a Rs 1,200 crore related party resolution at the September 2025 annual general meeting and a later Rs 1,500 crore proposal.<\/p>\n<p><strong>Integration risk:<\/strong> IDL Explosives still runs at low profitability and management does not expect full profitability before the next financial year, while the Premier Explosives open offer remains incomplete.<\/p>\n<p><strong>Liquidity and volatility:<\/strong> This missile electronics stock is a small-cap near Rs 15,148 crore of market capitalisation with daily swings to match. It lost roughly half its value between September 2025 and March 2026, and fell from Rs 422.25 to Rs 370.35 in three sessions this month.<\/p>\n<p style=\"margin-top:24px;\"><strong>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the Apollo Micro Systems share price live<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Apollo_Micro_Systems_Share_Analyst_View\"><\/span><strong>Apollo Micro Systems Share: Analyst View<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A domestic brokerage published a buy rating on 22 September 2026, arguing the company is moving from subsystem supplier to integrated weapon systems manufacturer, backed by around 700 technological innovations and more than 150 indigenous defence programmes. Analysts here track order conversion, margins after the explosives deals, and whether cash follows profit.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Apollo_Micro_Systems_Share_Price_Target\"><\/span><strong>Apollo Micro Systems Share Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Apollo Micro Systems share price target from that domestic brokerage is Rs 485, roughly 19% above the Apollo Micro Systems share price of about Rs 406.45 on 23 September 2026. It uses 60 times consolidated FY28 earnings plus Rs 67 per share for Premier Explosives.<\/p>\n<table>\n<thead>\n<tr>\n<th>Parameter<\/th>\n<th>Figure<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Apollo Micro Systems Share Price (23 Sep 2026)<\/td>\n<td>Approximately Rs 406.45<\/td>\n<\/tr>\n<tr>\n<td>Brokerage Target<\/td>\n<td>Rs 485<\/td>\n<\/tr>\n<tr>\n<td>Implied Upside<\/td>\n<td>Approximately 19%<\/td>\n<\/tr>\n<tr>\n<td>52-Week High (3 Jul 2026)<\/td>\n<td>Rs 466.50<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low (30 Mar 2026)<\/td>\n<td>Rs 179.50<\/td>\n<\/tr>\n<tr>\n<td>Preferential Issue Price (Jul 2026)<\/td>\n<td>Rs 416.60<\/td>\n<\/tr>\n<tr>\n<td>PE vs Industry PE<\/td>\n<td>Approximately 132 vs 49<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>An Apollo Micro Systems share price target is one model, not a promise. Sixty times estimates two years out leaves no room for a missed quarter, and the Rs 179.50 low shows how far this missile electronics stock can fall.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Other_Stocks_to_Track_From_the_Same_Return_Screen\"><\/span><strong>Other Stocks to Track From the Same Return Screen<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Beyond this missile electronics stock, a screen of NSE small-cap stocks ranked by recent returns also includes related names such as <a href=\"https:\/\/univest.in\/stocks\/vadilalind\/vadilal-industries-ltd-share-price-today\">Vadilal Industries<\/a> with a 1-year return of 26.78%, <a href=\"https:\/\/univest.in\/stocks\/vtl\/vardhman-textiles-ltd-share-price-today\">Vardhman Textiles<\/a> at 25.99% and <a href=\"https:\/\/univest.in\/stocks\/enginersin\/engineers-india-ltd-share-price-today\">Engineers India<\/a> at 25.92%.<\/p>\n<p>Among the names covered from that screen, <a href=\"https:\/\/univest.in\/stocks\/mtartech\/mtar-technologies-ltd-share-price-today\">MTAR Technologies<\/a> returned 396.53% over one year. Readers can compare this missile electronics stock with the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> benchmark and track each of these names on Univest before making any decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The 115% gain in this missile electronics stock rests on real progress: a lifetime arms licence, a seeker technology transfer, a Rs 1,704 crore order book and a Rs 1,550 crore move into explosives. Apollo Micro Systems is turning into a weapon systems company rather than a subsystem supplier.<\/p>\n<p>The caution is equally concrete. A PE near 132, receivables around 193 days and negative operating cash flow sit on the other side, and a one-year return near 20% shows how fast the Apollo Micro Systems share price hands back gains. Staggered entries beat chasing this missile electronics stock after a double.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information and may or may not be accurate. Please verify all data independently before making any investment decision. Past returns do not guarantee future returns. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_missile_electronics_stock_rose_115_in_6_months\"><\/span><strong>Which missile electronics stock rose 115% in 6 months?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Apollo Micro Systems Ltd (NSE: APOLLO) is the missile electronics stock that rose approximately 115% between 23 March 2026 and 23 September 2026, from Rs 188.72 to about Rs 406.45. It builds electronics for missiles, torpedoes and guided munitions. The gain is a verified price return, not a split or bonus artefact.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_the_Apollo_Micro_Systems_share_price_rise_so_much_in_six_months\"><\/span><strong>Why did the Apollo Micro Systems share price rise so much in six months?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The rise in this missile electronics stock came from dated triggers, not one event. Limpet mine trials cleared on 9 April 2026, a lifetime arms licence arrived on 17 April, FY26 results on 18 May showed profit up 91%, and the Premier Explosives deal was signed on 9 July.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_the_Apollo_Micro_Systems_FY26_and_Q1_FY27_results\"><\/span><strong>What were the Apollo Micro Systems FY26 and Q1 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> FY26 consolidated revenue was Rs 910.60 crore, up approximately 61%, with net profit of Rs 107.38 crore, up about 91%. June 2026 quarter revenue was Rs 253.54 crore, up roughly 88%, and net profit Rs 25.22 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Apollo_Micro_Systems_share_price_target\"><\/span><strong>What is the Apollo Micro Systems share price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The only verified Apollo Micro Systems share price target found is Rs 485 from a domestic brokerage dated 22 September 2026, implying roughly 19% upside from Rs 406.45. It uses 60 times consolidated FY28 estimated earnings plus Rs 67 per share for Premier Explosives. Targets are estimates only.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_missile_electronics_stock_overvalued_at_a_PE_of_132\"><\/span><strong>Is this missile electronics stock overvalued at a PE of 132?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On trailing numbers it is expensive, at approximately 132 times earnings against an industry PE near 49, with return on equity of only about 8.6%. The multiple assumes FY28 earnings arrive on time.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_large_is_the_Apollo_Micro_Systems_order_book\"><\/span><strong>How large is the Apollo Micro Systems order book?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The consolidated order book was approximately Rs 1,704 crore on 8 August 2026, up from Rs 1,432 crore at FY26 end. Management guides for Rs 2,500 crore to Rs 3,000 crore of fresh orders in FY27.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Has_Apollo_Micro_Systems_announced_a_bonus_or_stock_split_recently\"><\/span><strong>Has Apollo Micro Systems announced a bonus or stock split recently?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No bonus issue has been announced and the only split was in 2023, when face value went from Rs 10 to Re 1. The six-month return in this missile electronics stock is therefore pure price appreciation. It did approve a Rs 3,322.23 crore preferential issue at Rs 416.60 in July 2026, which will dilute holders.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_this_missile_electronics_stock_after_a_115_rally\"><\/span><strong>Should I buy this missile electronics stock after a 115% rally?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> A 115% move in six months means much of the good news is priced in, and the risks are specific: receivables near 193 days, negative operating cash flow in FY26 and a promoter pledge near 35.55%. Staggered buying with a stop loss beats one large entry, and a SEBI-registered adviser should be consulted.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which missile electronics stock rose 115% in 6 months?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Apollo Micro Systems Ltd (NSE: APOLLO) is the missile electronics stock that rose approximately 115% between 23 March 2026 and 23 September 2026, from Rs 188.72 to about Rs 406.45. It builds electronics for missiles, torpedoes and guided munitions. The gain is a verified price return, not a split or bonus artefact.\"}},{\"@type\":\"Question\",\"name\":\"Why did the Apollo Micro Systems share price rise so much in six months?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The rise in this missile electronics stock came from dated triggers, not one event. Limpet mine trials cleared on 9 April 2026, a lifetime arms licence arrived on 17 April, FY26 results on 18 May showed profit up 91%, and the Premier Explosives deal was signed on 9 July.\"}},{\"@type\":\"Question\",\"name\":\"What were the Apollo Micro Systems FY26 and Q1 FY27 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"FY26 consolidated revenue was Rs 910.60 crore, up approximately 61%, with net profit of Rs 107.38 crore, up about 91%. June 2026 quarter revenue was Rs 253.54 crore, up roughly 88%, and net profit Rs 25.22 crore.\"}},{\"@type\":\"Question\",\"name\":\"What is the Apollo Micro Systems share price target?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The only verified Apollo Micro Systems share price target found is Rs 485 from a domestic brokerage dated 22 September 2026, implying roughly 19% upside from Rs 406.45. It uses 60 times consolidated FY28 estimated earnings plus Rs 67 per share for Premier Explosives. Targets are estimates only.\"}},{\"@type\":\"Question\",\"name\":\"Is this missile electronics stock overvalued at a PE of 132?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On trailing numbers it is expensive, at approximately 132 times earnings against an industry PE near 49, with return on equity of only about 8.6%. The multiple assumes FY28 earnings arrive on time.\"}},{\"@type\":\"Question\",\"name\":\"How large is the Apollo Micro Systems order book?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The consolidated order book was approximately Rs 1,704 crore on 8 August 2026, up from Rs 1,432 crore at FY26 end. Management guides for Rs 2,500 crore to Rs 3,000 crore of fresh orders in FY27.\"}},{\"@type\":\"Question\",\"name\":\"Has Apollo Micro Systems announced a bonus or stock split recently?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No bonus issue has been announced and the only split was in 2023, when face value went from Rs 10 to Re 1. The six-month return in this missile electronics stock is therefore pure price appreciation. It did approve a Rs 3,322.23 crore preferential issue at Rs 416.60 in July 2026, which will dilute holders.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy this missile electronics stock after a 115% rally?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"A 115% move in six months means much of the good news is priced in, and the risks are specific: receivables near 193 days, negative operating cash flow in FY26 and a promoter pledge near 35.55%. Staggered buying with a stop loss beats one large entry, and a SEBI-registered adviser should be consulted.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>One defence electronics maker more than doubled in six months, from a 52-week low of Rs 179.50 to above Rs 400. Here is what drove the move and what the balance sheet still hides.<\/p>\n","protected":false},"author":29,"featured_media":264096,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[6854,6855,6856,6858,6859,5445,6857,6860],"class_list":["post-264098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-apollo-micro-systems","tag-apollo-micro-systems-share-price","tag-apollo-micro-systems-share-price-target","tag-consolidated-order-book","tag-dpiit-arms-manufacturing-licence","tag-high-return-stocks","tag-missile-electronics-stock","tag-underwater-mines"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["264096"],"rank_math_title":["Missile Electronics Stock Up 115% in 6 Months: Why It Rose"],"rank_math_description":["This missile electronics stock rose approximately 115% in 6 months, from Rs 188.72 to about Rs 406. See the licences, orders, analyst view and the real risks."],"rank_math_focus_keyword":["missile electronics stock"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/this-missile-electronics-stock-rises-115-in-6-months-what-is-driving-the-rally.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/264098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=264098"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/264098\/revisions"}],"predecessor-version":[{"id":264100,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/264098\/revisions\/264100"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/264096"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=264098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=264098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=264098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}