26-02-2024 11:15 AM | Source: Accord Fintech
Dixon Technologies rises on launching new factory in Dehradun

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Dixon Technologies (India) is currently trading at Rs. 6937.10, up by 71.10 points or 1.04% from its previous closing of Rs. 6866.00 on the BSE.

The scrip opened at Rs. 6900.00 and has touched a high and low of Rs. 7045.25 and Rs. 6889.00 respectively. So far 8953 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 7045.25 on 26-Feb-2024 and a 52 week low of Rs. 2686.95 on 24-Feb-2023.

Last one week high and low of the scrip stood at Rs. 7045.25 and Rs. 6419.45 respectively. The current market cap of the company is Rs. 41408.21 crore.

The promoters holding in the company stood at 33.63%, while Institutions and Non-Institutions held 43.81% and 22.57% respectively.

Dixon Technologies (India) has launched its new manufacturing unit at Plot No. C-8, SIDCUL Industrial Area Selaqui, Dehradun, Uttarakhand on February 23, 2024. This new manufacturing unit in Dehradun symbolizes Dixon's growth trajectory, and its commitment to economic development, infrastructure enhancement, and social welfare.

The Dehradun manufacturing unit is expected to generate employment opportunities for more than 1000 people, and boasts an annual production capacity of 24 lakh washing machines. The factory is poised to stimulate local businesses, attract investments, and contribute significantly to the region's revenue.

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.