dixon technology: চিনাদের চ্য়ালেঞ্জ ছুঁড়ে দেশে Nokia ফোন বানাবে Dixon - dixon technologies will manufacture nokia phones in the country indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Shares of Dixon Technologies (India) moved higher by 4 per cent to Rs 15,180, bouncing back 8 per cent from the day s low of Rs 14,090, on the BSE on Thursday after the consumer electronics company announced stock split plan.
Dixon Technologies on Thursday said its board is scheduled to meet on February 2, to consider sub-division of equity shares of the company from Rs 10 paid-up to in such manner as may be determined by the board of directors. The board will also to consider and approve unaudited financial results of the Company for the quarter ended December 31, 2020, it said. Generally, a company plans to go for a stock split to make the shares more affordable for small retail investors and increase liquidity. In the past one year, the stock of Dixon Technologies has rallied 251 per cent as compared to an 18-per cent rise in the S&P BSE Sensex. In past six months, it surged 129 per cent, against 38 per cent gain in the benchmark index. The stock hit an all-time high of Rs 16,
Dixon Technologies (India) shares traded 5 per cent higher at Rs 15,214, also their fresh record high, on the BSE on Thursday after the company announced that it has entered into an agreement with Imagine Marketing Private Limited (boAt) for manufacturing of Twin Wireless Speakers. Dixon shall be manufacturing the said products from its manufacturing facility located at Noida, Uttar Pradesh. boAt is the leader in the earwear segment. Their high quality audio devices are known for their style and efficiency. On December 28, the company’s wholly-owned subsidiary Padget Electronics entered into an agreement with Motorola for manufacturing of smartphones. The products will be manufactured at Padget s manufacturing facility situated at Noida, Uttar Pradesh, the company said.
Dixon enters into agreement with boAt for manufacturing of Twin Wireless Speakers
Posted On: 2021-01-06 03:56:24 (Time Zone: Arizona, USA)
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.
Commenting on this association, Mr. Atul B. Lall, Vice Chairman & Managing Director, Dixon Technologies (India) Limited said, boAt is the leader in the earwear segment. Their high quality audio devices are known for their style and efficiency. We are delighted and encouraged by the trust they have bestowed on Dixon for this collaboration. Dixon Group is committed to have pivotal impact in making India an Atmanirbhar Bharat backed by our commitment and performance.