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DIXON TECHNOLOGIES Gains 5%; BSE CONSUMER DURABLES Index Up 1.4%
Mon, 2 Dec 11:0

DIXON TECHNOLOGIES Gains 5%; BSE CONSUMER DURABLES Index Up 1.4%Image source: phive2015/www.istockphoto.com

DIXON TECHNOLOGIES share price has zoomed 5% and is presently trading at Rs 16,627.8.

Meanwhile, the BSE CONSUMER DURABLES index is at 63,338.2 (up 1.4%).

Among the top gainers in the BSE CONSUMER DURABLES index today are CROMPTON GREAVES CONSUMER ELEC. (up 1.9%) and Voltas (up 1.5%).

WHIRLPOOL OF INDIA (down 1.5%) and Blue Star (down 1.3%) are among the top losers today.

Over the last one year, DIXON TECHNOLOGIES has moved up from Rs 5,290.7 to Rs 16,627.8, registering a gain of Rs 11,337.1 (up 214.3%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 46,415.4 to 63,338.2, registering a gain of 36.5% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 214.3%), Voltas (up 105.1%) and AMBER ENTERPRISES INDIA (up 94.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,695.0 (down 0.1%).

The top losers among the BSE Sensex today are Indusind Bank (down 1.4%) and L&T (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Kotak Bank.

In the meantime, NSE Nifty is at 24,112.7 (down 0.1%). HDFC LIFE INSURANCE and Indusind Bank are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,695.0, registering a gain of 13,520.8 points (up 20.4%).

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 137.2.


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