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APOLLO Apollo Micro Systems News Story

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IndustrialsHighly SpeculativeMid CapMomentum Trap

India's Apollo Micro Systems gains after Q1 profit jump

** Shares of Apollo Micro Systems APLL.NS closes 5.5% higher at 181.43 rupees

** Co's Q1 consol net profit more than doubled Y/Y to 185.1 mln rupees ($2.1 mln)

** Q1 consol revenue rises 46.5% Y/Y to 1.34 bln rupees

** Trading vols more than 15.5 mln shares, 3.3x the 30-day average

** APLL up around 57% YTD

($1 = 86.6450 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))

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