News for Dixon Technologies (India) Limited (DIXON.NS)

Dixon Technologies (India) Limited to inaugurate new plant in Tamil Nadu, aiming to double revenues this year.

"Ahead of the Union Budget 2025 presentation, there could be some volatility in the market. Post-Budget, there may be a relief rally towards 24,000 level. We can expect some good news for the water-based management and banking sectors," the market expert told Business Today.

Baron India Fund declined in the fourth quarter of 2024, outperforming its benchmark, the MSCI AC Asia ex Japan/India Linked Index. Read more here.

Indian benchmark indices extended their selloff on Tuesday, closing at their lowest levels since the June crash, as investor sentiment was rattled by uncertainty surrounding US President Donald Trump's trade tariffs. The spike in market volatility coincided with the weekly expiry of Sensex futures contracts. The session fluctuated between gains and losses, eventually ending over 1.5% lower.

The NSE Nifty 50 and BSE Sensex pared most gains from the day's high. Both the indices were trading almost flat around noon. Dixon Technologies India Ltd., Hindustan Aeronautics Ltd., Multi Commodity Exchange of India, Newgen Software Technologies Ltd., and Zomato Ltd.'s share prices were in news around noon.

Dixon Technologies (India) Ltd reports strong financial growth, with net profit up 124% and revenue up 117% in Q3.

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Shares of Dixon Technologies were in focus on Friday after the companys wholly-owned subsidiary, Dixon Electro Manufacturing, signed an MOU with Cellecor Gadgets for the manufacturing of refrigerators and other related components.

Shares of Dixon Technologies (India) Ltd. continue to take support from bulls on Dalal Street amid operational expansions and strong revenue expectations. Dixon's stock rose as much as 4.3% during the day to a life high of Rs 18,735 apiece on the NSE. The scrip of the electronics manufacturer shrugged off the selloff by foreign investors last month in the broader market, trigging nearly a 200% surge this year.

Dixon Technologies and vivo India form joint venture for smartphone manufacturing, aiming to expand into electronic device production.

The multibagger stock of the electronic goods contract manufacturer opened lower at Rs 17,640 on December 13. Total 0.25 lakh shares of the firm changed hands over the counter amounting to a turnover of Rs 44.28 crore on BSE.

Buying interest in select heavyweights such as Infosys Ltd, Tata Consultancy Services (TCS) Ltd, Reliance Industries Ltd, HCLTech, Larsen & Toubro (L&T), Bharti Airtel and ICICI Bank lifted the indices higher.

Investor wealth, as suggested by the BSE m-cap, fell Rs 8.14 lakh crore to Rs 435.64 lakh crore compared with a valuation of Rs 443.79 lakh crore recorded in the previous session.

UBS Group AG sold shares of seven companies, including Oil India Ltd. and Dixon Technologies (India) Ltd., for Rs 4,961 crore via open market transactions on Friday. The Swiss financial services company offloaded shares of seven companies through separate bulk deals on the National Stock Exchange through its affiliate UBS Principal Capital Asia offloaded shares of seven companies.

Swiss financial services company UBS Group AG on Friday sold shares of seven companies, including Oil India and Dixon Technologies (India), for Rs 4,961 crore via open market transactions.

A shareholder of Dixon Technologies India Ltd. sold 1.15% stake in the company for Rs 904.12 crore through open market transactions on Friday. UBS Principal Capital Asia Ltd. offloaded 6.86 lakh shares, or 1.15%, at Rs 13,178.47 apiece, according to the bulk deal data on the NSE. The details of the buyers were not disclosed.

Out of the 2,667 stocks traded on the NSE, 1,478 advanced, while 1,111 declined, and 78 remained unchanged during the intra-day deals on Monday: Mid-market update

Stocks to watch: Check out the companies making headlines before the opening bell today, on April 9, 2024.

Q2 results 2023 news: Apart from the Dussehra stock market holiday, widely tracked companies such as Reliance Industries and Maruti Suzuki will declare their earnings this week.