Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

DIXON TECHNOLOGIES Plunges 5%; BSE CONSUMER DURABLES Index Down 2.8%
Mon, 5 Aug 12:29

DIXON TECHNOLOGIES Plunges 5%; BSE CONSUMER DURABLES Index Down 2.8%Image source: Sakorn BernardaSv/www.istockphoto.com

DIXON TECHNOLOGIES share price has plunged 5% and is presently trading at Rs 11,067.8.

Meanwhile, the BSE CONSUMER DURABLES index is at 58,347.5 (down 2.8%).

Among the top losers in the BSE CONSUMER DURABLES index today are WHIRLPOOL OF INDIA (down 4.8%) and ORIENT ELECTRIC (down 4.8%).

Over the last one year, DIXON TECHNOLOGIES has moved up from Rs 4,135.8 to Rs 11,067.8, registering a gain of Rs 6,932.1 (up 167.6%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,697.1 to 58,347.5, registering a gain of 36.7% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 167.6%), Blue Star (up 109.0%) and Voltas (up 81.0%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 78,666.8 (down 2.9%).

The top losers among the BSE Sensex today are Tata Motors (down 5.3%) and MUNDRA PORT & SEZ (down 5.0%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,022.6 (down 2.8%). ONGC and Tata Motors are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,459.3 to 78,666.8, registering a gain of 12,207.5 points (up 18.4%).

DIXON TECHNOLOGIES Financial Update...

DIXON TECHNOLOGIES net profit grew 106.1% YoY to Rs 1,323 million for the quarter ended June 2024, compared to a profit of Rs 642 million a year ago. Net sales rose 101.1% to Rs 65,798 million during the period as against Rs 32,715 million in April-June 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 153.0.


Equitymaster requests your view! Post a comment on "DIXON TECHNOLOGIES Plunges 5%; BSE CONSUMER DURABLES Index Down 2.8%". Click here!