Dixon Technologies gains on executing agreement with Google
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Dixon Technologies (India) is currently trading at Rs. 4153.10, up by 46.45 points or 1.13% from its previous closing of Rs. 4106.65 on the BSE.
The scrip opened at Rs. 4106.00 and has touched a high and low of Rs. 4165.75 and Rs. 4067.90 respectively. So far 7431 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 6240.00 on 19-Oct-2021 and a 52 week low of Rs. 3185.05 on 16-May-2022.
Last one week high and low of the scrip stood at Rs. 4195.00 and Rs. 3905.00 respectively. The current market cap of the company is Rs. 24342.66 crore.
The promoters holding in the company stood at 34.30%, while Institutions and Non-Institutions held 23.15% and 42.56% respectively.
Dixon Technologies (India) has executed an agreement with Google to sublicense rights relating to Android & Google TV. This new partnership will enable the company in offering a cost effective, consistent, high quality & out of box experience to its existing customers & potential new brands which will further strengthen the company’s market leadership in the LED TV category. This is in line with company’s effort to contribute to ‘Make in India’ initiative of the Government.
Dixon Technologies (India) is the largest home grown design-focused and solutions company engaged in manufacturing products in the consumer durables, lighting and mobile phones markets in India.
