DIXON

s share price: Stock jumps over 7% after HKC JV nod; Is it still a BUY?

Dixon Tech Share Price: Dixon Technologies' shares rose over 7 per cent on Tuesday (March 10), supported by the government's approval to develop a joint venture with the Chinese company HKC Overseas Ltd. to produce display modules. Following this development, shares of Dixon Technologies have gathered significant attention. Brokerage firm Nomura has maintained a BUY call on the stock and sees an upside of over 40 per cent. As of 10:05 am, the share price of the Electronic Manufacturing Services (EMS) provider was up 4.4 per cent, or Rs 429, at Rs 10,235. However, prices went as high as Rs 10,501, reflecting an upside of 7.1 per cent from the previous session's closing price of Rs 9,805.30. (Dixon Technologies Share Price)