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01-01-1970 12:00 AM | Source: Accord Fintech
Dixon Technologies surges on reporting 23% rise in Q2 consolidated net profit
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Dixon Technologies is currently trading at Rs. 4420.00, up by 124.00 points or 2.89% from its previous closing of Rs. 4296.00 on the BSE.

The scrip opened at Rs. 4339.00 and has touched a high and low of Rs. 4432.05 and Rs. 4324.75 respectively. So far 10875 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5858.85 on 13-Dec-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. 4346.40 and Rs. 4183.70 respectively. The current market cap of the company is Rs. 26062.98 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 has reported a fall of 5.69% in its net profit at Rs 58.82 crore for second quarter ended September 30, 2022 as compared to Rs 62.37 crore for the same quarter in the previous year. However, total income of the company increased by 4.59% at Rs 2296.21 crore for Q2FY23 as compared Rs 2195.53 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 23.12% in its net profit at Rs 77.12 crore for second quarter ended September 30, 2022 as compared to Rs 62.64 crore for the same quarter in the previous year. Total income of the company increased by 37.89% at Rs 3867.32 crore for Q2FY23 as compared Rs 2804.73 crore for the corresponding quarter previous year.