Dixon Technologies shares dip 10% despite 265% YoY jump in Q2 profit. What analysts say
- Posted on October 25, 2024
- By Business News Today
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Dixon Technologies shares dip 10% despite 265% YoY jump in Q2 profit. What analysts say
Shares of Dixon Technologies fell 9.7% to Rs 13,601.30 on the BSE after reaching a new all-time high of Rs 15,999.95. Despite this drop, the company reported a 265% year-on-year increase in Q2 PAT to Rs 412 crore, driven by higher mobile phone production and a one-time gain of Rs 209.6 crore.
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