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Dixon Technologies (India) is currently trading at Rs. 18399.25, up by 441.50 points or 2.46% from its previous closing of Rs. 17957.75 on the BSE.

The scrip opened at Rs. 18300.00 and has touched a high and low of Rs. 18439.60 and Rs. 18145.00 respectively. So far 8120 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 18,643.75 on 16-Dec-2024 and a 52 week low of Rs. 5785.00 on 24-Jan-2024.

Last one week high and low of the scrip stood at Rs. 18643.75 and Rs. 17125.00 respectively. The current market cap of the company is Rs. 109676.89 crore.

The promoters holding in the company stood at 32.89%, while Institutions and Non-Institutions held 45.83% and 21.28% respectively.

Dixon Technologies (India) has entered into a binding term sheet with vivo Mobile India (vivo India) for a proposed joint venture in India for carrying on the business as an original equipment manufacturer (OEM) of electronic devices including smartphones. Dixon and vivo India shall hold 51% and 49% stake, respectively, in the joint venture entity to be incorporated for this purpose. Neither Dixon nor vivo India will have any stake in each other. 

The parties will agree on an optimum structure and the relevant terms and conditions to be set out in the definitive agreements. The transaction will be subject to execution of such definitive agreements, completion of customary conditions precedent and receipt of applicable regulatory approvals including as required under the foreign exchange control laws of India. 

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.