Dixon Technologies' Stock Faces Resistance at ₹17,070 Post Q4 FY25 Results

Q4 (YoY) Update: Profit soared 378% to ₹465 crore vs ₹97.3 crore, and revenue surged 121% to ₹10,292.5 crore from ₹4,658 crore. The company reported an exceptional gain of ₹250.4 crore (vs nil last year). The board recommended a final dividend of ₹8 per share for FY25. Despite strong numbers, the stock closed negative for two straight sessions, retracing from a key resistance at 17,070. Is this just a pause before a breakout, or are we heading for a deeper correction? Share your thoughts—will Dixon break above or slip further? Disclaimer: This post is for informational purposes only and does not constitute trading or investment advice.