
Dixon Technologies (India) Limited experienced significant volatility in its stock price on October 25, 2024, following the release of its Q2 FY25 results. The shares dropped by 14.57% to an intraday low of ₹13,668.25, after previously reaching a record high of ₹15,999.95. The decline was attributed to profit-taking by investors despite the company reporting better-than-expected quarterly earnings. The stock ultimately closed at ₹13,375.10, down ₹1,680.20, or 11.15%. In a strategic move, Dixon Technologies raised its FY25 revenue guidance to ₹40,000 crore, targeting ₹4,500-₹5,000 crore from its laptop and notebook contract manufacturing segment over the next two to three years. The management indicated plans for margin expansion by FY27, despite acknowledging potential margin pressures in the near term.








#DixonTechnologies expands to meet surging #mobile & #IT #hardware demand https://t.co/MML7b0EOGy
#DixonTech's management says its targetting margin expansion by FY27 after recording solid numbers in Q2FY25.
#DixonTechnologies share price fell 10% despite September quarter results beating estimates.