For the first time, the market cap of Dixon Technologies crossed 10,000 crore rupees and the share price crossed 10,000 rupees. On 7th June, the company informed about the JV (Joint Venture) with HKC corporation for manufacturing of components of smart phones, TVs, monitors etcetera.
On 7th June, the shares of Dixon technologies surged over 3% and hit record high and closed at Rs. 9985 on NSE.
Some fundamental numbers about Dixon Technologies
| CMP | 9,985 |
| 52 Week High/Low | 10,088 / 3,953 |
| Stock PE | 162 |
| ROE | 24.7 % |
| ROCE | 28.7 % |
| Debt to Equity ratio | 0.29 |
| Promoter holding/ Pledge percentage | 33.4% / 0.00 % |
Q4FY24 results update on Dixon Technologies
| Revenue | 4,658 (vs 3,065 YOY) |
| EBITDA | 201 (vs 159 YOY) |
| PAT | 97(vs 81 YOY) |
| EPS | 15.91(vs 13.54 YOY) |
For education purpose only. The views are personal. The investments discussed or recommended in the market analysis, research reports, etc. may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and only after consulting such independent advisors as may be necessary. We are not a registered financial advisor or research analyst.
9 Comments