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Dixon Technologies shares gain 3% as firm to buy majority stake in Ismartu

Dixon Technologies stock surges 6%, hits all-time high on Lenovo contract

The company s shares, which saw a decline of almost 29% in CY22, have shown a remarkable rebound in the current year. They have rallied 68% in CY23 so far, spiking from ₹3,927 apiece to ₹6,605 apiece, and are up by 159% from their one-year low of ₹2,553 apiece.

Dixon Technologies shares climb 6%, hit 52-week high Here s why

The news triggered strong buying action in the stock as the price surged amid significant volumes. Over 12 lakh shares were trading on the NSE around 10:30 am.

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