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.
Dixon Technologies Surges After Arm To Start Making Smartphones For Motorola Dixon Technologies subsidiary Padget Electronics has signed an agreement with Motorola Mobility LLC for making smartphones
Updated: December 28, 2020 2:38 pm IST
Shares of electronic products maker Dixon Technologies rose as much as 7.07 per cent to hit an intraday high of Rs 13,622 on the BSE after it informed stock exchanges that its subsidiary Padget Electronics has signed an agreement with Motorola Mobility LLC for making smartphones. The smartphones will be manufactured at its manufacturing facility on Noida, the company added. With nearly a century of existence in the market, the legacy and standing of Motorola is unparalleled. To partner with them gives us immense pride as one has to tick each and every box to be on their Board. We are honored to be associated with Motorola brand and we aspire to take forward their legacy of high quality, commitment, ethics and trust, said Atul B. Lall, vic