Apollo Micro Systems shares gained 5% after it sought to acquire Premier Explosives’ promoters’ stake for Rs 1,550 crore. This strategic acquisition aims to enhance capabilities in defence and aerospace sectors. The transaction is expected to conclude by December 2026 after necessary approvals. Apollo Micro Systems will also make a mandatory open offer to public shareholders. This move strengthens India’s defence manufacturing and indigenous ecosystem.
ITC shares rise 2% after Q2 results. What are Jefferies, Nuvama and others saying?
ITC shares gained 2% despite an 18.5% year-on-year decline in Q2 net profit, as higher taxes and falling cigarette earnings weighed on profitability. However, its
November 3, 2026