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Dixon Tech shares rocket 7%, reclaim Rs 10,000 mark after government clears JV with China’s HKC
Dixon Technologies shares soared 7% after receiving government approval to form a joint venture with China’s HKC Overseas to manufacture display modules in India. The partnership aims to boost local electronics manufacturing, support the domestic component ecosystem and reduce import dependence under the government’s Make in India initiative.
Explained — How the US-Iran war in West Asia can impact the auto and EMS companies
Shares of Syrma SGS are down up to 8%, while those of Dixon Tech are at a multi-year low, falling below the ₹10,000 per share mark yet again with today's 3.5% fall.
Solar Defence announces Rs 12,800 crore investment in robotics, drone and deep tech projects
Solar Defence and Aerospace Limited will invest over Rs. 12,800 crore in manufacturing robots, drones, and missiles. The company plans to produce 10,000 drones and 1,000 robots annually. This investment will span the next three to four years. The facility will be India's first AI-Powered Industry 5.0 manufacturing ecosystem. Advanced AI-Powered UAVs, including MALE drones, will be a key focus.
Stock market crash: Ambuja Cements, Berger Paints, KPIT Tech among 196 stocks that hit 52-week low as NIFTY50 trade below 24,500 - Upstox
Stock market crash: Ambuja Cements, Berger Paints, KPIT Tech among 196 stocks that hit 52-week low as NIFTY50 trade below 24,500Upstox
AI, consumption trends put Vishal Mega Mart, MTAR Tech and IT stocks in focus: Siddhartha Khemka
Siddhartha Khemka of Motilal Oswal Financial Services highlights three parallel themes shaping markets: recovery in consumption-led retail, rising demand linked to AI infrastructure buildout, and structural changes within IT services driven by artificial intelligence adoption. While volatility may persist in the near term, sector-specific opportunities continue to emerge across retail, engineering and technology companies.
Infosys, Persistent, other IT stocks rise up to 3% after tech rally following strong Nvidia earnings
Indian IT stocks are poised for focus following Nvidia's robust quarterly earnings, which spurred a Wall Street rally. This positive sentiment emerges amidst recent volatility in the IT sector, triggered by AI startup Anthropic's new tools. Analysts suggest the AI technology cycle is in its early monetization phase, with Indian IT firms expected to benefit significantly from increased AI spending.
Aditya Infotech block deal: Promoters, Dixon Tech likely to offload up to 5.8% stake
Aditya Infotech promoters, along with Dixon Technologies, are likely to sell up to 5.8% stake via a ₹1,000 crore block deal, sources told CNBC-TV18.
EMS sector at risk amid memory price surge; CLSA cuts Dixon Tech to Hold
CLSA downgraded Dixon Technologies to 'Hold' from 'Outperform', cutting its target price to ₹12,100 from ₹15,880 per share
S&P 500 rises as Nvidia, tech stocks lead gains; Fed minutes in focus
US stocks rose as S&P 500, Nasdaq Composite, and Dow Jones gained, led by Nvidia, Micron Technology, and Amazon. Investors assessed Fed minutes and awaited economic data and corporate earnings.
Sensex Today | Stock Market Live: Sensex jumps 230 pts, Nifty above 23,900; KPIT Tech slips 10% on softer Q1 outlook
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices extended the opening gains and trading around 23950. Except metal, all other sectoral indices are trading in the green with auto, FMCG, media up 1-1.5%. Nifty Midcap index trade flat and Smallcap index up 0.4%. Titan Company, M&M, Eternal, Sun Pharma, Bajaj Auto were among major gainers on the Nifty, while losers were Bajaj Finserv, HDFC Life, Coal India, Tech Mahindra, Interglobe Aviation.
Stocks to Watch Today: HDFC Bank, SJVN, Sterling and Wilson Renewable, Bandhan Bank, SIS, Indo Tech Transformers, Juniper Hotels in focus on 30 June
Stocks to Watch, 30 Jun: Stocks like HDFC Bank, Axis Bank, Bandhan Bank, Engineers India, SIS, Crest Ventures, Yes Bank, Sterling and Wilson Renewable Energy, Juniper Hotels, Jagsonpal Pharmaceuticals, SJVN, and Indo Tech Transformers will be in focus on June 30.
Dixon Tech gains after JM Financial upgrades stock, raises target price by 27%
The stock was trading at Rs 12,225, up 1.15 percent, in early afternoon trade.