Small-cap stock that rallied 100% in a year hits 52-week high after Q2 results

Apollo Micro Systems Q2FY23 Results

In Q2FY23 results, the small-cap company announced 13.40 per cent growth in total revenue from operations 52.39 crore against 46.20 crore in Q2FY22. Its net profit after tax (PAT) stood at against 3.28 crores 2.74 crore in Q2FY22, a growth of nearly 20 per cent year-on-year (YoY). The total comprehensive income of the company was As against 3.28 cr in Q2FY23 2.74 crore in Q2FY22, a jump of close to 20 per cent on a YoY basis.

Apollo Micro Systems share price history

This smallcap stock has been trading sideways in the last one month. However, this small-cap stock has bounced back in the last six months from 121 234 Each level provides approximately 90 percent returns to its long-term positional investors. It’s boomed in the last year from 116 234 each level, giving more than 100 percent return to its shareholders. It is one of the stocks which has given excellent returns to its shareholders in the post-Covid rebound. In about 30 months’ time, this small-cap stock has bounced around since 45 234 levels each, providing more than 400 percent returns to its positional investors.

This small-cap stock Available for trading on both NSE and BSE. It closed on Wednesday with a market cap of 487 crore and the trading volume on Wednesday was over 77,000 on the NSE, which was almost 50 per cent of its 20-day average trading volume of 1.47 lakh. This is a new 52 week high 250 while it has a 52 week low 104.40 per share.