Dixon Technologies rises as its arm inks MoU with HP India Sales
Dixon Technologies (India) is currently trading at Rs. 12629.90, up by 244.25 points or 1.97% from its previous closing of Rs. 12385.65 on the BSE.
The scrip opened at Rs. 12640.05 and has touched a high and low of Rs. 12675.10 and Rs. 12539.90 respectively. So far 1200 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 13633.35 on 26-Aug-2024 and a 52 week low of Rs. 4738.00 on 25-Sep-2023.
Last one week high and low of the scrip stood at Rs. 12977.20 and Rs. 12040.00 respectively. The current market cap of the company is Rs. 74111.51 crore.
The promoters holding in the company stood at 33.24%, while Institutions and Non-Institutions held 45.41% and 21.35% respectively.
Dixon Technologies’ (India) wholly owned subsidiary -- Padget Electronics has entered into a Memorandum of Understanding (MoU) with HP India Sales to carry out manufacturing of notebooks, desktops and All-in-one PCs, subject to signing of definitive agreements in due course.
HP is a leading global provider of personal computing and other digital access devices, imaging and printing products, and related technologies solutions and services.
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.
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