Dixon Technologies surges on inking MoU with Cellecor Gadgets
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Dixon Technologies is currently trading at Rs. 14460.00, up by 217.75 points or 1.53% from its previous closing of Rs. 14242.25 on the BSE.
The scrip opened at Rs. 14347.95 and has touched a high and low of Rs. 14475.00 and Rs. 14211.15 respectively. So far 11816 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 15999.95 on 25-Oct-2024 and a 52 week low of Rs. 5080.00 on 30-Oct-2023.
Last one week high and low of the scrip stood at Rs. 15999.95 and Rs. 13055.30 respectively. The current market cap of the company is Rs. 86314.29 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 Memorandum of Understanding (MoU) with Cellecor Gadgets. The MoU is for manufacturing of Washing Machines and its related components for Cellecor Gadgets. By this partnership, Dixon Technologies will increase its customer base in Washing Machine segment. Further, through this partnership, both companies aims to target improved efficiencies and increased competitiveness.
Cellecor Gadgets is a leading name in the consumer electronics industry, known for its innovative and cutting-edge technology.
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.
