📱🚀 Dixon Technologies Jumps 7.6%, Hits Highest Level of 2026

shares surged as much as 7.57% on 16 July 2026, climbing to their highest level in calendar year 2026 after the Union Cabinet approved major manufacturing initiatives worth nearly ₹1.9 lakh crore. ✅ ₹1.27 lakh crore allocated for the second phase of the India Semiconductor Mission. ✅ ₹62,500 crore approved under the Mobile Phone Manufacturing Scheme. The government's push to strengthen domestic electronics and semiconductor production boosted investor sentiment toward contract manufacturers and electronics players. Administrative notifications for both schemes are expected within the next two weeks, further supporting optimism around the sector's growth prospects and future investment opportunities. 📌 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.