India's Apollo Microsystems rises to three-month high on ammunitions licence
** Shares of Apollo Micro Systems APLL.NS rise 12.73% to a three-month high of 273 rupees ** The Indian government grants the defence company licence to manufacture ammunitions ** The licence authorises the company to manufacture, assemble, integrate, and proof-test the following high-value strategic weapon systems and munitions ** More than 10.4 million shares change hands vs 30 day avg of 8.5 million shares ** YTD, stock up 0.37% (Reporting by Mridula Kumar in Bengaluru) ((Mridula.Kumar@thomsonreuters.com;))
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