Dixon Technologies share price rises 3.5%

Dixon Technologies share price surged as much as 3.5 per cent to ₹16,537 apiece in early morning session on Wednesday after the company announced on Tuesday that it has signed a binding term sheet to acquire a 51 per cent stake in Kunshan Q Tech Microelectronics (India) Private Limited (Q Tech India). Dixon Technologies share price has ascended over 13.67 per cent in a month and over 30 per cent in a year. However, in terms of year-to-date (YTD), the stock has fallen over 9.58 per cent.