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Dixon Technologies trades in green on inking MoU with Rexxam to form Joint venture

10 Aug 2021 Evaluate

Dixon Technologies is currently trading at Rs. 4317.15, up by 30.90 points or 0.72% from its previous closing of Rs. 4286.25 on the BSE.

The scrip opened at Rs. 4325.00 and has touched a high and low of Rs. 4414.00 and Rs. 4308.20 respectively. So far 13760 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4731.50 on 16-Jul-2021 and a 52 week low of Rs. 1550.00 on 17-Aug-2020.

Last one week high and low of the scrip stood at Rs. 4414.00 and Rs. 4215.75 respectively. The current market cap of the company is Rs. 25401.53 crore.

The promoters holding in the company stood at 35.03%, while Institutions and Non-Institutions held 29.33% and 35.64% respectively.

Dixon Technologies (India) has entered into a memorandum of understanding (MoU) with Rexxam Co., to form a Joint venture (JV). The said JV Company will undertake manufacturing of Printed Circuit Boards for Air-Conditioners (“PCB”) for domestic and international market and also proposes to file necessary applications with Department for Promotion of Industry and Internal Trade (DPIIT) or any other nodal agency to avail benefits under the PLI Scheme of Government of India. Post execution of mutually acceptable agreements by the parties, the JV Company will be 60% owned by Rexxam & 40% owned by Dixon.

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.

Dixon Technologies Share Price

11374.00 88.10 (0.78%)
17-Apr-2026 16:59 View Price Chart
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