Apollo Micro Systems is recommended due to its strong defense and aerospace exposure, focus on high-value electronic systems, and growing order book visibility, with a target price of 510 in two to three months.

Apollo Micro Systems shares rose over 6% following reports that its key client, Bharat Electronics, is likely to receive a Rs 30,000 crore order for the Quick Reaction Surface-to-Air Missile programme, with expectations of government approval in the coming weeks.