InvestorQ : Why is Dixon Technologies still hitting new highs on a daily basis?
Deepa Salunkhe made post

Why is Dixon Technologies still hitting new highs on a daily basis?

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Arya Nanda answered.
4 weeks ago
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Dixon Technologies, among the super performers with 10X returns in FY21, touched a new high of Rs.4,588, after turning ex-split. Its earlier high in ex-split terms was Rs.4,300. The idea of the stock split was to make the shares more affordable for small investors and increase liquidity. Dixon is the major outsourcer of electronic manufacturing in India.

Dixon is a huge beneficiary of the performance-linked incentive or PLI scheme of GOI. It boasts of a marquee client roster including Motorola, Nokia, LG and Samsung among others.
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