Dixon Tech News Today

PTC Industries, a manufacturer of metal components, saw shares surge 11% after strong Q4FY24 results. Over the last one year, the stock has gained 233% and delivered a staggering return of 1,629% over the past five years. In a recent note, Antique Stock Broking initiated coverage on the stock.

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An interesting fact: Shares of Dixon Tech surpassed the price target set by Morgan Stanley, in a move triggered by the ratings upgrade.

Kirloskar Group stocks are thriving in 2024, with Kirloskar Brothers standing out. The companys stock surged by 42% in the last 12 sessions, with a year-to-date return of 110%. Strong financial performance, strategic focus on value-added products, and a robust order book are driving growth.

The NSE Nifty index closed 62.25 points up at 22466.1

Stocks to watch: Shares of firms like GAIL, Voda Idea, Dixon Tech, Biocon, HAL, Mankind Pharma, and others will be in focus on Thursday's trade.

The NSE Nifty index was trading 0.35 points down at 22200.2

The NSE Nifty index closed 203.3 points up at 22403.85

The devices will be manufactured at DEAPL’s Noida facility in Uttar Pradesh, the statement said

Valuations are expensive and its target price already factors in the Dixons electronics manufacturing services segment (EMS), components and exports, the brokerage has said in a note