10:1 stock split and 900% multibagger returns in Apollo Micro Systems Ltd
Mon, May 6, 2024 10:35 AM

10:1 stock split and 900% multibagger returns in Apollo Micro Systems Ltd

A Flip by Riya Sharma
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The stock gave multibagger returns of 230 per cent from its 52-week low of Rs 32.05 per share and a whopping 900 per cent in 3 years. Apollo Micro Systems Ltd issued 1,65,060,000 new equity shares with a face value of Rs 1 each upon conversion of 16,506,000 warrants post-stock split of equity shares. The issue price per share was Rs 186, raising a total of Rs 23,02,58,700.

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