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DIXON TECHNOLOGIES Gains 5%; BSE CONSUMER DURABLES Index Up 0.9%
Tue, 29 Oct 15:19

DIXON TECHNOLOGIES Gains 5%; BSE CONSUMER DURABLES Index Up 0.9%Image source: Eoneren/www.istockphoto.com

DIXON TECHNOLOGIES share price has zoomed 5% and is presently trading at Rs 14,918.2.

Meanwhile, the BSE CONSUMER DURABLES index is at 61,976.7 (up 0.9%).

Among the top gainers in the BSE CONSUMER DURABLES index today are VAIBHAV GEMS (up 1.4%) and Blue Star (up 1.4%).

WHIRLPOOL OF INDIA (down 4.0%) and Titan (down 0.2%) are among the top losers today.

Over the last one year, DIXON TECHNOLOGIES has moved up from Rs 5,445.9 to Rs 14,918.2, registering a gain of Rs 9,472.3 (up 173.9%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 44,503.1 to 61,976.7, registering a gain of 39.3% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 173.9%), Voltas (up 116.8%) and AMBER ENTERPRISES INDIA (up 111.2%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 80,414.6 (up 0.5%).

The top gainers among the BSE Sensex today are SBI (up 5.0%) and ICICI Bank (up 3.1%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,474.3 (up 0.6%). SBI and Bharat Electronics are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,049.1 to 80,414.6, registering a gain of 16,365.5 points (up 25.6%).

DIXON TECHNOLOGIES Financial Update...

DIXON TECHNOLOGIES net profit grew 268.9% YoY to Rs 4,091 million for the quarter ended September 2024, compared to a profit of Rs 1,109 million a year ago. Net sales rose 133.3% to Rs 115,341 million during the period as against Rs 49,432 million in July-September 2023.

For the year ended March 2024, DIXON TECHNOLOGIES reported 47.0% increase in net profit to Rs 3,749 million compared to net profit of Rs 2,551 million during FY23. Revenue of the company grew 45.1% to Rs 176,909 million during FY24.

The current Price to earnings ratio of DIXON TECHNOLOGIES, based on rolling 12 month earnings, stands at 122.1.


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