Today we will talk about Apollo Micro Systems Share Price Target 2023, 2024, 2025, 2030. We will try to predict in this article what the share price target of Apollo Micro Systems company may be in the future. If you want to invest your money in Apollo Micro Systems Company, then read our article till the end.
Apollo Micro Systems Ltd Overview
Apollo Micro Systems Ltd. manufactures and develops electronics components. The company works to develop and assemble devices for electronic and electrical mechanical solutions.
The company has acquired exclusive SIP RF Technologies Pvt Ltd company to expand its business and improve the technology further. Apollo Micro Systems Ltd holds 51% stake in the company.
Exclusive SIP RF Technologies Pvt Ltd company designs, develops and manufactures radio frequencies, microwave components, systems and subsystems using conventional and LTCC technology.
If we take a look at the financial condition of the company, then the company currently has a debt of Rs 133 crore while the company also has a cash reserve of Rs 363 crore.
Apollo Micro Systems Share Price Target 2023
In the last five years, the company’s sales have not seen any significant growth, but the company’s sales growth of 26% in the last ten years is very good and the company’s sales are seeing a good increase this year too. The company’s OPM is close to 20%, due to which the company’s stock has seen a rise of 150% in the recent past.
If you take a look at the chart of the company’s stock for the last five years, then the stock of the company can be seen moving rapidly towards its lifetime high price of Rs 370, but this price can also see pressure selling from the upper levels in the company’s stock.
Apollo Micro Systems Share Price Target 2024
The company has a manufacturing plant in Hyderabad to manufacture its products. But Ananya SIP, a company with 51% stake in the company, is working on a new project. This project can start by the end of 2023, due to which the company’s sales can see a good increase in the coming time. Anyway, the company currently has an order book of Rs 280 crore.
If you talk about Apollo Micro Systems share price target 2024, then in the coming time, we can see the stock of the company making a new life time high. The future share price target of the company’s stock can be seen from Rs 410 to Rs 440 in 2024.
Apollo Micro Systems Share Price Target 2025
The company is fundamentally a good company and the company’s business is linked to the Ministry of Defense and we all know that in the coming time, the stock associated with the Ministry of Defense is expected to see a good boom.
Apollo Micro Systems Limited company’s customer list includes big names like DRDO, Ministry of Defense (MOD), BEL, HAL, ISRO. Given the increasing demand for the company’s business in the future, most brokerage houses are advising to buy for a long time in the company’s stock. Apollo Micro Systems may see the share price target crossing Rs 500 in 2025.
Apollo Micro Systems Share Price Target 2030
If we talk about the long-term price target of the company’s stock 2030, then the Indian government will be seen focusing on the defense sector in the coming time.
Given the good future growth opportunity in the company’s business model, promoter holdings are stable around 60%. The company also has three times the cash reserve compared to its debt and the opm of the company is 20% quite good.
The company aims to add new customers and participate in more and more indigenous defense programs in the coming time.
Due to the company’s financial record and the good prospects of future growth of the company’s business model, you can buy in the company’s stock for a long time. Apollo Micro Systems share price target can be seen from Rs 900 to Rs 1200 in 2030.