Dixon Technologies shines as its JV enters into MoU with Molbio

03 Jun 2020

Dixon Technologies (India) is currently trading at Rs. 5413.00, up by 213.55 points or 4.11% from its previous closing of Rs. 5199.45 on the BSE.

The scrip opened at Rs. 5207.00 and has touched a high and low of Rs. 5572.75 and Rs. 5207.00 respectively. So far 5642 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5,572.75 on 03-Jun-2020 and a 52 week low of Rs. 1830.90 on 08-Aug-2019.

Last one week high and low of the scrip stood at Rs. 5572.75 and Rs. 4573.30 respectively. The current market cap of the company is Rs. 6256.96 crore.

The promoters holding in the company stood at 36.17%, while Institutions and Non-Institutions held 33.71% and 30.12% respectively.

Dixon Technologies’ Joint Venture Company – All Dixon Technologies has entered into Memorandum of Understanding (MoU) with Molbio for manufacturing of Truelab Quattro Real Time Quantitative micro PCR Analyzer machines. These portable machines are capable of performing 40-48 tests per day of critical infectious diseases. These technologically driven machines will be manufactured at AIL Dixon’s manufacturing facility situated at Tirupati, Andhra Pradesh, India.

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.

Related Dixon Technologies (India) Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
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