Apollo Micro Systems share price crashes over 5% despite fundraise move
Fri, Jan 10, 2025 1:03 PM

Apollo Micro Systems share price crashes over 5% despite fundraise move

A Flip by Swapnil Tiwari
Get it on Google Play
Apollo Micro Systems' share price dropped over 5% intraday on Friday despite the company announcing a fundraise move, with shares dipping to ₹119.55 from an opening of ₹129.20, although it has gained 24% in the last month and rebounded from November lows. Apollo Micro Systems will issue up to 3.34 crore preferential shares at ₹114 each, aggregating to ₹381 crore.

More great flips

Ashok Leyland, Coforge to HCL Tech: Top 8 stock picks for January

Ashok Leyland, Coforge to HCL Tech: Top 8 stock picks for January

📌 Mirae Asset Capital Markets recommends eight stocks with significant upside potential, including📌 Ashok Leyland, 📌Coforge,📌 Federal Bank,📌 HCL Technologies, 📌Varun Beverages,📌 KIMS,📌 Rainbow Children Medicare, and📌 Uno Minda, driven by their strong market share, order intake growth, solid loan growth, and expansion plans.

Open Flip
Shares of this wealth manager surged 7% ahead of its board meet

Shares of this wealth manager surged 7% ahead of its board meet

Shares of Anand Rathi Wealth Ltd. surged another 4.5% on Friday, adding to Thursday's 2.7% advance. The stock ended 4% higher for the week, outperforming the Nifty Midcap index which fell 6%, and the Smallcap index, which declined 7% for the week. The stock will be in focus on Monday, January 13, as the company's board will meet to discuss its quarterly results for the October-December period.

Open Flip
PCBL Chemical Q3 Results | Net profit slides 39%, revenue up 21%

PCBL Chemical Q3 Results | Net profit slides 39%, revenue up 21%

PCBL Chemical Ltd reported a 39.1% year-on-year decline in net profit to ₹93.1 crore for Q3 2024, despite a 21.3% increase in revenue to ₹2,010 crore, with EBITDA growing 13.7% to ₹317.4 crore in the third quarter of this fiscal over ₹279.1 crore in Q3 FY24.. The company declared an interim dividend of ₹5.50 per equity share.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon