Dixon Technologies said the search concluded at 8 PM on the same day, adding that the impact on financial, operation or other activities of the listed entity cannot be quantified at this point of time.
Dixon Tech is design-focused and solutions company engaged in manufacturing products in the consumer durables, lighting and mobile phones markets in India.
Shares of Dixon Technologies rose 5.04 per cent to hit a high of Rs 3,867.90 on BSE. The Indian EMS industry is well-positioned to unlock its true potential in the coming years, Dixon said.
Dixon Technologies shares have rallied nearly 9 times from its IPO price of Rs 1,766
Shares of electronic goods maker - Dixon Technologies - rose as much as 5.2 per cent to hit another record high of Rs 15,214.20 on the BSE after the company, post market hours on Wednesday, said that it signed an agreement with Imagine Marketing, the maker of popular boAt wearable gadgets for manufacturing of twin wireless speakers. On the National Stock Exchange, Dixon Technologies shares rose as much as 5.35 per cent to hit a record high of 15,218.95. Dixon Technologies (India) Limited and boAt have entered into agreement for manufacturing of twin wireless speakers. Dixon shall be manufacturing the said products from its manufacturing facility located at Noida, Uttar Pradesh, the Noida-based company said in a press release.