Apollo Micro Systems Share Price Jumps 10% After Q2 Results; Stock Up 44% in 2026: Check Resistance and Support Levels

The Apollo Micro Systems share price had fallen about 12.6% from its 16 Oct close of Rs 429 to Rs 374.75 on Friday (my calculation), so Monday's jump is partly a rebound. The headline that prompted this article puts the 2026 gain at 44%, which I could not verify independently.

This article explains the Apollo Micro Systems Q2 results, the Apollo Micro Systems order book, the technical levels that matter, the valuation and the risks. It is educational and not advice.

Click Here – Get Free Investment Predictions

Apollo Micro Systems Share Price Today: Where It Trades

Apollo Micro Systems share price: measure (NSE, about 10:30 AM)	Reading
Last price	Rs 397.00, up 5.94%
Previous close (23 Oct)	Rs 374.75
Open	Rs 390.00, about 4.1% above the previous close (my calculation)
Day high and low	Rs 410.00 and Rs 389.00
Volume	About 13.8 million shares
52-week high and low	Rs 466.50 and Rs 179.50
Distance from 52-week high	About 14.9% below (my calculation)
Market capitalisation	About Rs 13,894 crore

The Apollo Micro Systems share price opened at Rs 390 and touched Rs 410 within the first hour, a gain of about 9.4% from Friday's close (my calculation). The Apollo Micro Systems share price then eased back to about Rs 397, so the headline gain of nearly 10% was an intraday peak and not the level at which the stock was trading later in the morning. Business Standard reported that nearly 11 million shares worth about Rs 429 crore changed hands by 9:48 AM, which shows heavy participation.

Track defence stocks and set price alerts on the Univest screeners page

Apollo Micro Systems Share Price and Q2 Results: Record Numbers

Apollo Micro Systems Q2 results: item (consolidated)	Q2 FY27	Year ago	Change
Revenue from operations	Rs 388 crore	Rs 225 crore	Up 72%
EBITDA	Rs 111 crore	Rs 59 crore	Up 88%
EBITDA margin	28.6%	26.3%	Up about 2.3 points (my calculation)
Net profit	Rs 46 crore	Rs 30 crore	Up 54%
H1 revenue	Rs 639.4 crore	Rs 358.8 crore	Up 78.2%
H1 EBITDA	Rs 164.9 crore	Not stated	Up 64.7%
H1 net profit	Rs 71.4 crore	Rs 47.7 crore	Up 49.6%

Managing director Baddam Karunakar Reddy said the best-ever Q2 performance reflects strong execution, resilience and a focus on key priorities. The company described H1 as its highest half-year for revenue, EBITDA, profit before tax and profit after tax. Please note that the Apollo Micro Systems Q2 results show profit growing slower than revenue, 54% against 72%, because depreciation and finance costs rose. H1 depreciation was Rs 15.2 crore against Rs 9.2 crore a year earlier.

The H1 EBITDA margin was 25.8% against 27.9% a year earlier, so margins over the half-year are lower even though Q2 itself improved. For investors in the Apollo Micro Systems share price, the Q2 margin of 28.6% is the number to watch in the next quarter, because it shows whether the improvement lasts.

Order Book Behind the Apollo Micro Systems Share Price: A Record Rs 1,765 Crore

Apollo Micro Systems order book: item	Detail
Order book at 30 Sep 2026	Rs 1,765 crore, an all-time high
Order book at the Q1 update	Rs 1,704 crore
Quarter-on-quarter rise	About 3.6% (my calculation)
Order book against H1 revenue annualised	About 1.4 times (my calculation)
Programme participation	150+ indigenous programmes, 60+ development-cum-production partner programmes
Onboard technologies	700+

The Apollo Micro Systems order book gives about 1.4 years of revenue visibility at the H1 run rate (my calculation), which is a reasonable cushion for a company in a lumpy sector, which supports the Apollo Micro Systems share price. The company's programmes cover missiles such as Agni, Pralay, Akash, QRSAM and BrahMos NG, and it is moving into mines, naval systems and explosives. The Multi-Influence Ground Mine received Defence Acquisition Council approval on 3 July 2026 and is entering production, and the Indian Air Force sanctioned a Make-II prototype order for a 500 kg smart bomb in July 2026.

Backward integration through Premier Explosives and IDL Explosives supports the strategy of becoming a global original equipment manufacturer by 2036, according to a company-based summary. The FY27 defence budget of Rs 7.84 lakh crore, with about 75% of capital acquisition reserved for domestic industry, is the policy backdrop. These claims come from the company's disclosures as summarised by a third-party site, so please check the exchange filing.

Apollo Micro Systems Share Price: Resistance and Support Levels

The levels below frame the Apollo Micro Systems share price for the next few sessions, using the daily indicators from the data provider.

Apollo Micro Systems resistance and support: level	Rs	Source of the level
Resistance 1	410	Intraday high on 26 Oct
Resistance 2	429 to 430	SuperTrend upper band and Bollinger upper band
Resistance 3	438.85	High on 16 Oct
Resistance 4	466.50	52-week high
Support 1	389	Intraday low on 26 Oct
Support 2	376.7	Bollinger lower band
Support 3	363	Low on 23 Oct
Support 4	335	SuperTrend lower band

The Apollo Micro Systems resistance zone near Rs 429 matters most for the Apollo Micro Systems share price, because that is where the daily SuperTrend sits. The indicator is still on a sell signal, so a daily close above that band would be the first sign that the short-term trend has turned. On the data provider's daily readings, the 14-day RSI is about 48.4, the price is almost level with the 50-day average of about Rs 397.79 and the 200-day average is about Rs 330.34.

For the Apollo Micro Systems share price, the MACD line is at minus 0.22 against a signal line of 2.53, which means momentum has not yet turned positive despite the jump. The 14-day average true range is about Rs 19.84, or roughly 5% of the Apollo Micro Systems share price (my calculation), so daily moves of 5% are normal for this stock. These are indicator readings and not forecasts.

Download the Univest iOS App or Univest Android App to track defence stocks and set alerts on resistance and support.

Apollo Micro Systems Valuation After the Jump

Apollo Micro Systems share price: valuation (data provider)	Reading
Price to earnings (trailing)	121.00 against an industry level of 45.08
Price to book	9.68
Earnings per share (trailing)	Rs 3.09
Book value per share	Rs 38.63
Return on equity	8.60%
Debt to equity	0.41
Dividend yield	0.06%

At 121 times trailing earnings, the Apollo Micro Systems share price is about 2.7 times the industry level (my calculation). A return on equity of 8.60% against a price to book of 9.68 means the market is paying for future growth that the trailing numbers do not yet show. If the order book converts into revenue at current margins, the multiple could compress through earnings growth, but if execution slips, the premium is exposed. Investors tracking the Apollo Micro Systems share price should therefore watch quarterly earnings growth more than the headline jump.

Risks Behind the Apollo Micro Systems Share Price

1. Working capital. Working-capital days were 353 in the latest summary, which ties up cash.
2. Cash flow. FY26 consolidated operating cash flow was negative Rs 129.8 crore, and borrowings rose to Rs 543.3 crore from Rs 335.4 crore.
3. Margins. The H1 EBITDA margin of 25.8% is below last year's 27.9%, a risk for the Apollo Micro Systems share price.
4. Volatility. The stock fell about 6.6% on 21 Oct and about 3.6% on 23 Oct (my calculation), so the Apollo Micro Systems share price can reverse quickly.
5. Valuation. A trailing price to earnings of 121 leaves little room for a miss in the Apollo Micro Systems share price.

Conclusion

The Apollo Micro Systems share price jumped on record Q2 results, with revenue up 72%, profit up 54% and an order book of Rs 1,765 crore, but it faces resistance near Rs 429 and trades at a premium valuation. Use the levels and risks above, read the exchange filing and decide according to your own risk profile. Watch the Apollo Micro Systems share price near Rs 429 for the next signal.

Frequently Asked Questions

Why did the Apollo Micro Systems share price jump today?

Ans. The Apollo Micro Systems share price rose after the company reported record Q2 and H1 FY27 results. Q2 revenue rose 72% to Rs 388 crore, net profit rose 54% to Rs 46 crore and the order book reached Rs 1,765 crore. The stock touched Rs 410 intraday and traded near Rs 397 around 10:30 AM.

What were the Apollo Micro Systems Q2 results?

Ans. Consolidated revenue was Rs 388 crore, up 72% from Rs 225 crore. EBITDA was Rs 111 crore at a margin of 28.6%, and net profit was Rs 46 crore, up 54%. For H1, revenue was Rs 639.4 crore and net profit was Rs 71.4 crore, up 49.6%. The Apollo Micro Systems share price reacted strongly to these numbers.

What is the Apollo Micro Systems order book?

Ans. The Apollo Micro Systems order book stood at an all-time high of Rs 1,765 crore as of 30 Sep 2026, up from about Rs 1,704 crore at the Q1 update. That is about 1.4 times annualised H1 revenue by my calculation.

What are the Apollo Micro Systems resistance and support levels?

Ans. Based on indicator levels, resistance is near Rs 410, Rs 429 to Rs 430 and Rs 438.85, and support is near Rs 389, Rs 376.7 and Rs 363. The daily SuperTrend upper band near Rs 429 is a key level. These are not forecasts.

Is the Apollo Micro Systems share price expensive?

Ans. On the data provider's figures, the stock trades at a trailing price to earnings of 121 against an industry level of 45.08, and at 9.68 times book value. The return on equity is 8.60%, so the valuation depends on future growth.

Is the Apollo Micro Systems share price really up 44% in 2026?

Ans. The headline that prompted this article says the stock is up 44% in 2026. I could not verify that figure independently, so please check the price history. The stock was about 14.9% below its 52-week high of Rs 466.50 at 10:30 AM.

Is this Apollo Micro Systems share price article investment advice?

Ans. No. This article is educational. Figures come from company disclosures reported by the media and from data providers and may change. Please check the facts and your own risk profile before you invest.

Is this article investment advice?

Ans. No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.