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DIXON TECHNOLOGIES Gains 5%; BSE CONSUMER DURABLES Index Up 2.0%
Thu, 13 Jun 16:8

DIXON TECHNOLOGIES share price has zoomed 5% and is presently trading at Rs 10,857.9.

Meanwhile, the BSE CONSUMER DURABLES index is at 58,680.0 (up 2.0%).

Among the top gainers in the BSE CONSUMER DURABLES index today are Voltas (up 2.7%) and Titan (up 2.6%).

AMBER ENTERPRISES INDIA (down 0.9%) is among the top losers today.

Over the last one year, DIXON TECHNOLOGIES has moved up from Rs 4,187.1 to Rs 10,857.9, registering a gain of Rs 6,670.8 (up 159.3%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 41,547.1 to 58,680.0, registering a gain of 41.2% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 159.3%), Blue Star (up 127.1%) and AMBER ENTERPRISES INDIA (up 93.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 76,810.9 (up 0.3%).

The top gainers among the BSE Sensex today are M&M (up 3.1%) and Titan (up 2.6%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 23,399.4 (up 0.3%). Shriram Transport and HDFC LIFE INSURANCE are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 62,724.7 to 76,810.9, registering a gain of 14,086.2 points (up 22.5%).

DIXON TECHNOLOGIES Financial Update...

DIXON TECHNOLOGIES net profit grew 19.5% YoY to Rs 945 million for the quarter ended March 2024, compared to a profit of Rs 790 million a year ago. Net sales rose 52.0% to Rs 46,580 million during the period as against Rs 30,655 million in January-March 2023.

For the year ended March 2023, DIXON TECHNOLOGIES reported 34.0% increase in net profit to Rs 2,551 million compared to net profit of Rs 1,903 million during FY22. Revenue of the company grew 14.0% to Rs 121,920 million during FY23.

The current Price to earnings ratio of DIXON TECHNOLOGIES, based on rolling 12 month earnings, stands at 178.2.


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