DIXON TECHNOLOGIES share price has zoomed 4% and is presently trading at Rs 11,499.1.
Meanwhile, the BSE CONSUMER DURABLES index is at 58,346.0 (up 0.9%).
Among the top gainers in the BSE CONSUMER DURABLES index today are CROMPTON GREAVES CONSUMER ELEC. (up 3.6%) and ORIENT ELECTRIC (up 1.7%).
Blue Star (down 1.2%) and Titan (down 0.3%) are among the top losers today.
Over the last one year, DIXON TECHNOLOGIES has moved up from Rs 4,689.9 to Rs 11,499.1, registering a gain of Rs 6,809.3 (up 145.2%).
On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,308.7 to 58,346.0, registering a gain of 37.9% during the last 12 months.
The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 145.2%), Blue Star (up 113.2%) and Voltas (up 78.7%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 79,245.2 (up 0.8%).
The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 3.1%) and JSW Steel (up 2.5%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.
In the meantime, NSE Nifty is at 24,226.2 (up 1.0%). ONGC and Coal India are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 79,245.2, registering a gain of 13,291.7 points (up 20.2%).
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 159.0.
Equitymaster requests your view! Post a comment on "DIXON TECHNOLOGIES Gains 4%; BSE CONSUMER DURABLES Index Up 0.9%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!