Dixon hit all time high

On February 26, Dixon Technologies (India) shares reached a record high of Rs 7,048 per share, marking a 2.6 percent increase. This surge followed the announcement of a contract signing with Compal Smart for mobile phone manufacturing.

At 10:15 am, Dixon Tech shares were trading higher by 1.75 percent on the National Stock Exchange (NSE) at Rs 6,988 apiece.

Padget Electronics, a wholly-owned subsidiary of Dixon Tech, has entered into a contract manufacturing agreement with Compal Smart Device India for the production of mobile phones.

Atul Lall, the managing director, expressed delight in partnering with Compal, a global leader in technological products, for mobile phone manufacturing. He emphasized that this collaboration would significantly boost India’s manufacturing competitiveness, and he expressed gratitude for the trust placed in the Dixon group by Compal.