Dixon Technologies (India) Ltd Share Price – NSE /  BSE

Consumer Durables, Mid Cap

Dixon Technologies (India) has allotted 2,30,230 equity shares under ESOP on 14 November 2024. With this allotment, the paid up equity share capital has increased from Rs. 11,96,73,190 to Rs. 12,01,33,650.

Powered by Capital Market - Live News

Cellecor is a leading name in the consumer electronics industry, known for its innovative and cutting-edge technology. With a commitment to making happiness affordable, Cellecor offers a diverse range of products, including mobile phones, smart TVs, speakers, neckbands, TWS, sound bars, smartwatches, Washing Machines, and many more.

Atul B. Lall, vice chairman & managing director of Dixon Tech, stated that “We are delighted to announce that Dixon Technologies has entered into an MOU with Cellecor for manufacturing of washing machines and its related components. By this partnership, Dixon Technologies will increase its customer base in Washing Machine segment. Further, through this partnership, both Companies aims to target improved efficiencies and increased competitiveness.”

Dixon Technologies (India) transformed from being a manufacturer of electronic goods to leading multi- product corporation with widespread activities. The company is primarily engaged in the manufacturing of electronics as its core business activity.

The company reported 107.91% surge in consolidated net profit to Rs 139.70 crore on 101.12% jump in revenue from operations to Rs 6,579.80 crore in Q1 FY25 over Q1 FY24.

The scrip rose 2.24% to close at Rs 14,242.25 on Monday, 28 October 2024.

Powered by Capital Market - Live News

Net profit of Dixon Technologies (India) rose 263.26% to Rs 389.85 crore in the quarter ended September 2024 as against Rs 107.32 crore during the previous quarter ended September 2023. Sales rose 133.33% to Rs 11534.08 crore in the quarter ended September 2024 as against Rs 4943.18 crore during the previous quarter ended September 2023.

Powered by Capital Market - Live News

Dixon Technologies (India) will hold a meeting of the Board of Directors of the Company on 24 October 2024.

Powered by Capital Market - Live News