Midcap Consumer Electronics Stock Hit 52-Week High, Gains Over 3%, Soars 926.92% in 5 Yrs

Midcap Consumer electronics company Dixon Technologies (India) Limited hit a new 52-week high on Wednesday as the stock benchmarks Sensex and Nifty recovered losses and closed higher. The Nifty 50 gained 63.55 points or 0.32% to close at 19,728.25. At 66,118.69, the Sensex closed 220 points or 0.26% higher.

Dixon Technologies (India) Ltd. rallied 3.44% or Rs 175.10 to close at Rs 5,271.20 apiece on the BSE. It hit a new 52-week high with an intraday high of Rs 5,298.95, while it hit an intraday low of Rs 5,033.90 on Wednesday. It has a market cap of Rs 31,475.08 Crore.

Returns over the Past 5 Years

The stock has outperformed the Sensex over the past 5 years. It gained 8.27% in 1 week, and 8.81% in the past 1 month. The stock rallied 20.36% in 3 months and 88.31% in 6 months, respectively. It gave 25.87% in 1 year, and 17.66% in 2 years. The stock has given a robust return of 200.26% in 3 years and 926.92% in 5 years.

About - Dixon Technologies (India) Ltd.

Founded in 1993, Dixon Technologies (India) Limited is a homegrown design-focused and solutions company. It is engaged in manufacturing products in the consumer durables, lighting, and mobile phones markets in India. The company commenced manufacturing colour television in 1994, Dixon has now expanded its operations to various sub-segments of electronics.

Disclaimer The stock just highlights the rally in share Price and does not recommend buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stocks mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.