Dixon Tech shares rise 4% as CLSA, Nomura turn bullish on new acquisition and JV
Dixon’s managing director and vice-chairman Atul B Lall said that the new deals align with the company’s long-term vision.
Shares of Dixon Technologies rallied as much as 4 percent to Rs 16,450 in morning trade on July 16 after it signed a binding term sheet to acquire a majority 51 percent stake in Kunshan Q Tech Microelectronics (India) Pvt.