Apollo Micro Systems to invest Rs 1,500 crore in new greenfield facility in Telangana; stock down 4% |
Apollo Micro Systems (AMS) has signed a Memorandum of Understanding (MoU) with the Government of Telangana (GoT) for the expansion of a greenfield project in Telangana with an estimated investment of approximately Rs 1,500 crore. The stock has seen a sharp 4% decline in intra-day trade.
The defence and aerospace technology firm said in its regulatory filing said that the........