Dixon Technologies inches up on incorporating wholly owned subsidiary
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Dixon Technologies (India) is currently trading at Rs. 5060.00, up by 13.60 points or 0.27% from its previous closing of Rs. 5046.40 on the BSE.
The scrip opened at Rs. 5046.05 and has touched a high and low of Rs. 5121.95 and Rs. 5023.75 respectively. So far 5661 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5225.00 on 05-Sep-2023 and a 52 week low of Rs. 2554.95 on 30-Jan-2023.
Last one week high and low of the scrip stood at Rs. 5204.20 and Rs. 4950.00 respectively. The current market cap of the company is Rs. 30100.81 crore.
The promoters holding in the company stood at 34.04%, while Institutions and Non-Institutions held 39.60% and 26.36% respectively.
Dixon Technologies (India) has incorporated Wholly Owned Subsidiary namely ‘Dixon Infotech’ and the subscription money for the same has been paid on September 12, 2023. The company has incorporated wholly owned subsidiary to carry on the business of manufacturing/ trade/ repair of laptops, desktop computers, IOT devices, monitors, servers, tablets, electronic books/E-readers and related hardware and software products. The equity shares has been subscribed by Dixon Technologies (India) at a face value of Rs 10 each for a consideration of Rs 1,00,000.
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.
