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

Shares of Dixon Technologies continued their northward run, gaining 4 per cent on the BSE on Monday to hit a record high of Rs 8,935 on expectation of higher demand of consumer electronics. The company’s market capitalisation crossed Rs 10,000 crore today after five straight day of gains.

The stock surpassed its previous high of Rs 8,822, touched on August 28, 2020, on the BSE. With 10 per cent rally in the past week, the stock has rallied 208 per cent from its recent low of Rs 2,900, hit on March 24, 2020.

Dixon is the largest electronic manufacturing services (EMS) player in India with a diversified product portfolio in various sub-segments of the electronics verticals. It is the largest Home-grown electronic manufacturer, providing design focused solutions in multiple business segments to customers across the globe.