Apollo Micro locked 5% lower circuit after strong debut

The stock listed at Rs 478, a 74% premium against its issue price of Rs 275 per share on BSE

Apollo Micro Systems locked in lower circuit of 5% at Rs 454 on BSE with no buyers were seen on the counter, after making a strong debut. On the National Stock Exchange (NSE), the stock locked in lower circuit of Rs 442, down 5%.

Till 02:25 PM; a combined 1.2 million shares changed hands on BSE and NSE. There were pending sell orders for 511,212 shares on both the exchanges.

The stock made a stellar debut by listing at Rs 478, a 74% premium against its issue price of Rs 275 per share on BSE. It touched high of