DIXON Reclaims ₹14,000 Mark; Vivo JV Announcement May Have Fueled Weekly Rally

remained in focus during the week ended July 10, 2026, with the stock crossing the ₹14,000 mark for the first time since December 9 before giving up early gains and closing the latest session in the red. Despite the pullback, the stock still ended the week with gains of more than 7%. The strong weekly performance may have been supported by the company’s announcement of a joint venture with Vivo Mobile India. Under the agreement, Dixon will hold a 51% stake in the proposed venture, while Vivo Mobile India will own the remaining 49%. The joint venture is expected to operate as an OEM for electronic devices, including smartphones, strengthening Dixon’s presence in India’s electronics manufacturing ecosystem. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.