Dixon Technologies stock had opened at a record high of Rs 15,999.95.
In Q2FY25, Dixon Technologies; revenue may rise 91 per cent Y-o-Y on robust growth in mobiles & new acquisition, according to analysts at Elara Capital
In the past one year, Dixon Tech has zoomed 182 per cent, compared to the nearly 23 per cent surge in the BSE Sensex during the same period.
Dixon targets Rs 48,000 crore in revenue from IT hardware under the PLI scheme over the next six years
Fair trade regulator CCI on Tuesday granted its approval to Dixon Technologies' proposal to acquire a stake in Aditya Infotech Ltd. Dixon Technologies (India) Ltd is involved in the business of providing Electronic Manufacturing Services (EMS). It provides EMS for lighting solutions, television, washing machines, security systems, wearables and hearables, among others. The regulator also cleared the acquisition of a stake in AIL Dixon Technologies by Aditya Infotech Ltd (AIL). "Commission approves the subscription of certain shares of Aditya Infotech Ltd (AIL) by Dixon Technologies (India) Ltd and the acquisition of certain shares of AIL Dixon Technologies Pvt Ltd by AIL," CCI said in a post on X. AIL Dixon Technologies is a joint venture (JV) company between AIL and Dixon Technologies India. It is engaged in manufacturing and assembling of ESS. During FY24, the JV recorded a revenue of Rs 632.62 crore. Aditya Infotech is engaged in the business of sourcing, distributing and marke
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UBS Principal Capital Asia offloaded 6,86,064 shares at an average price of Rs 13,178.47 per share on Friday. The stake in Dixon Technologies was worth Rs 904.12 crore
Analysts at Nuvama expect an inflow of $281 million in Dixon Technologies as a result, followed by Vodafone Idea at $278 million
SRF has given trend line breakout on daily chart and holding well above the same.
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The facility in Greater Noida boasts an annual production capacity of 120 million devices and has been established with an investment exceeding Rs 3,000 crore
Dixon Technologies said the company, on an average incurs capex of Rs 500 - 600 crore yearly on its capacity building
This uptick in stock price followed the company's announcement of its intention to establish a joint venture (JV) with HKC Corporation
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Local contract manufacturer Dixon Technologies said the initial batch of Indian-made devices will be available in the market by September, as trial production has recently started