Page 3 - Dixon Technologies

Dixon Technologies' stock has surged 37% in 2 mths; will the rally sustain?

Analysts at JM Financials believe Dixon Technologies' growth momentum is likely to accelerate over the next 5 years due to entry in smartphones through the PLI scheme

Dixon Technologies hits new high; stock zooms 290% from March low

Despite the disruption in operations due to the Covid-19 pandemic-related lockdown, Dixon Technologies has witnessed strong recovery in business post easing of Covid-19-related curbs

PLI scheme, outsourcing to aid Dixon Technologies' growth trajectory

Brokerages expect mobile volumes to rise multi-fold over the next two years

MARKET WRAP: Sensex rises for 5th day, ends 304 pts higher; Titan gains 4%

All that happened in the markets today

Dixon Technologies hits record high, crosses Rs 10,000-crore in m-cap

The stock has rallied 208 per cent from its March low of Rs 2,900

Apple vendors, Samsung propose Rs 11 trn mobile phone production in India

"Foreign companies that have submitted proposals for the scheme include Samsung, Foxconn Hon Hai, Rising Star, Wistron and Pegatron," the source said

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All that happened in the markets today

Dixon Technologies surges 19% on strong June quarter results

Operating income during the quarter grew 94 per cent at Rs 1,147 crore against Rs 593 crore in the corresponding quarter of previous fiscal

Dixon Technologies hits highest level since listing; up 15% in three days

The stock moved higher by 7% to Rs 3,080 on the BSE, its highest level since listing on September 18, 2017

A mixed bag for new listings: Dixon Tech soars 65%, Bharat Road ends flat

Shares of Dixon hit a high of Rs 3,020 on the BSE and closed at Rs 2,892, a gain of 64 per cent

Dixon Technologies soars 64% on listing, Bharat Road Network trades flat

Consumer electronics manufacturer Dixon Technologies (India) made a robust debut on the bourses, listing at Rs 2,725, a 54 per cent premium to its issue price of Rs 1,766 per share.The stock hit a high of Rs 3,020 on the BSE and ended the day at Rs 2892, a gain of 64 per cent over the issue price. Dixon Technologies had raised Rs 600 crore from its initial public offering (IPO), which got an overwhelming response from investors. Overall, the issue was oversubscribed 82.6 times, receiving bids for 280 million shares against the total issue size of 2.38 million shares. The portion set aside for qualified institutional buyers (QIBs) was subscribed 135 times, that for non-institutional investors for 345 times and retail investors for 10.2 times.The IPO proceeds from the fresh issue will be utilised for setting up a unit for manufacturing of LED TVs at the Tirupati facility and enhancement of backward integration capabilities in the lighting products vertical at Dehradun I facility, among .

Dixon Technologies IPO oversubscribed 4.25 times on Day 2

The portion set aside for qualified institutional buyers was oversubscribed 8.93 times

Dixon Technologies: Strong prospects, high valuations

The company has negligible debt and positive cash flow helps it fund expansions