Apollo Micro Systems shares gained after reports said the company is close to acquiring Premier Explosives in a deal valued at Rs 2,300-2,500 crore. The proposed acquisition would strengthen Apollo's presence across the defence manufacturing value chain amid rising government spending and growing investor interest in the sector.

Apollo Micro Systems is nearing a deal to acquire Premier Explosives for Rs. 2,300-2,500 crore. This acquisition includes an open offer to minority shareholders of the target…

Apollo Micro Systems shares gained after reports said the company is close to acquiring Premier Explosives in a deal valued at Rs 2,300-2,500 crore. The proposed acquisition would…

Apollo Micro Systems to acquire 41.33% of Premier Explosives, enhancing capabilities in defense technology and manufacturing.