Dixon Tech stock drops sharply after hitting record high on strong Q2 results. Where’s it headed next?

Dixon Tech stock drops sharply after hitting record high on strong Q2 results. Where’s it headed next?

Record-breaking earnings drove Dixon Technologies’ share price to a new high on Friday, October 25, before sharp profit booking saw it drop 18 per cent from its peak. With strong performance indicators and new partnerships, brokerages remain optimistic about the company’s future prospects. Shares of Dixon Technologies hit an all-time high of ₹15,999.95 on Friday … Read more

Finolex Cables shares surge over 14% to new high on strong Q4 results; company announces dividend

Finolex Cables shares surge over 14% to new high on strong Q4 results; company announces dividend

Shares of Finolex Cables surged over 14 percent in intra-day deals on Friday to its record high of ₹1,308.25 after the company posted better-than-expected results for the quarter ended March 2024 (Q4FY24). The firm posted a 6.3 percent year-on-year (YoY) increase in its consolidated net profit at ₹186.1 crore for the fourth quarter of FY24 … Read more