Dixon Technologies Jumps 8%: Breaks Losing Streak Despite Weak Q4

As on 13 May 2026,

witnessed a sharp rally of over 8% in early trade, snapping four consecutive sessions of negative closing. The momentum reversal came after sustained selling pressure, with the stock finding support near the psychological Rs 10,000 level. Despite a weak Q4 performance, where consolidated PAT fell 36% YoY while topline grew just 2%, the company announced a Rs 10 per share dividend. Interestingly, the stock rallied strongly despite disappointing earnings, indicating that market participants are currently focusing more on technical support and valuation comfort rather than short-term earnings weakness. The rebound signals renewed buying interest after recent correction pressure. 📌 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.