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Dixon Technologies hits highest level since listing; up 15% in three days

The stock moved higher by 7% to Rs 3,080 on the BSE, its highest level since listing on September 18, 2017

Dixon Technologies hits highest level since listing; up 15% in three days
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SI Reporter Mumbai
Dixon Technologies (India) has moved higher by 7% to Rs 3,080 on the BSE, its highest level since listing on September 18, 2017.

In past three trading sessions, the stock appreciated by 15% from Rs 2,685 on Wednesday, November 15, 2017 after the Birla Sun Life Asset Management Company bought more than one percentage point stake in Dixon Technologies through open market.

On November 16, Birla Sun Life Asset Management Company had purchased 180,000 shares or 1.59% stake of Dixon Technologies at price of Rs 2,700 per share on the BSE, the bulk deal data shows.

India

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