Dixon Technologies surges as its arm enters into agreement to manufacture smartphones
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Dixon Technologies (India) is currently trading at Rs. 5772.55, up by 18.95 points or 0.33% from its previous closing of Rs. 5753.60 on the BSE.
The scrip opened at Rs. 5834.00 and has touched a high and low of Rs. 5880.00 and Rs. 5615.50 respectively. So far 24699 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5,880.00 on 19-Oct-2021 and a 52 week low of Rs. 1801.00 on 29-Oct-2020.
Last one week high and low of the scrip stood at Rs. 5,880.00 and Rs. 5411.00 respectively. The current market cap of the company is Rs. 33895.20 crore.
The promoters holding in the company stood at 35.03%, while Institutions and Non-Institutions held 29.33% and 35.64% respectively.
Dixon Technologies’ (India) wholly owned subsidiary -- Padget and Orbic, a US based smartphone manufacturer has entered into agreement for manufacturing of smartphones at Padget’s manufacturing facility situated at Noida. The new Orbic Myra 5G UW, powered by the Snapdragon 750G 5G Mobile Platform, will be the first 5G millimeter wave product to be produced in India for export to the US.
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.
