Dixon Technologies (India) witnessed a historic surge in its shares on February 26th, reaching a record high of Rs 7,048 per share, marking a 2.6% increase. The remarkable upswing followed the company’s announcement of signing a significant contract with Compal Smart for mobile phone manufacturing.
As of 11:13 am, Dixon Technologies (India) shares continued their upward trajectory, trading 1.78% higher at ₹6,989.95, reflecting sustained investor enthusiasm and confidence in the company’s latest venture.
Padget Electronics, a wholly-owned subsidiary of Dixon Tech, sealed a contract manufacturing agreement with Compal Smart Device India for the production of mobile phones. This strategic collaboration underscores Dixon Technologies’ commitment to expanding its footprint in the mobile phone manufacturing sector and further solidifies its position as a key player in the industry.
