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 Gains 7%; BSE CONSUMER DURABLES Index Up 0.7%
Wed, 6 Nov 10:7

DIXON TECHNOLOGIES Gains 7%; BSE CONSUMER DURABLES Index Up 0.7%Image source: Nikada/www.istockphoto.com

DIXON TECHNOLOGIES share price has zoomed 7% and is presently trading at Rs 15,304.6.

Meanwhile, the BSE CONSUMER DURABLES index is at 61,047.3 (up 0.7%).

Among the top gainers in the BSE CONSUMER DURABLES index today are CROMPTON GREAVES CONSUMER ELEC. (up 1.6%) and WHIRLPOOL OF INDIA (up 0.8%).

Titan (down 2.0%) and VAIBHAV GEMS (down 0.1%) are among the top losers today.

Over the last one year, DIXON TECHNOLOGIES has moved up from Rs 5,250.1 to Rs 15,304.6, registering a gain of Rs 10,054.6 (up 191.5%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 45,127.4 to 61,047.3, registering a gain of 35.3% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 191.5%), Voltas (up 106.1%) and Blue Star (up 92.9%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,028.2 (up 0.7%).

The top gainers among the BSE Sensex today are Infosys (up 3.1%) and HCl Tech. (up 3.0%). The most traded stocks in the BSE Sensex are ITC and Infosys.

In the meantime, NSE Nifty is at 24,401.2 (up 0.8%). Trent and HCl Tech. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 80,028.2, registering a gain of 15,069.5 points (up 23.2%).

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 125.3.


Equitymaster requests your view! Post a comment on "DIXON TECHNOLOGIES Gains 7%; BSE CONSUMER DURABLES Index Up 0.7%". Click here!