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Market at Close | Nifty snaps 4-day losing streak, led by Bharti Airtel, L&T, Dixon Tech gains
The Sensex rose 50 points to close at 74,609, while the Nifty gained 33 points to settle at 23,413. The Nifty closed above the 23,400 mark, with Bharti Airtel Limited, Larsen & Toubro Limited, Tata Steel Limited and Asian Paints Limited emerging as the top contributors.
Top Gainers & Losers on May 13: SAIL, Dixon Tech, Vodafone Idea, HPCL, Berger Paints, Ather Energy among top gainers - Mint
Top Gainers & Losers on May 13: SAIL, Dixon Tech, Vodafone Idea, HPCL, Berger Paints, Ather Energy among top gainersMint
Dixon Technologies jumps on Vivo JV optimism despite muted Q4
Shares of Dixon Technologies jumped 8.58% to Rs 11,007.90 despite muted Q4 FY26 earnings, as investors focused on progress in the company's proposed joint venture with Chinese smartphone maker Vivo.
Dixon Technologies: Vivo JV delay, PLI expiry cloud near-term outlook
Dixon Technologies' Q4FY26 results have raised concerns over weak smartphone demand, fading PLI incentives and delay in Vivo JV approval.
Dixon Tech shares jump 6% despite weak Q4 results. Do Goldman Sachs, Motilal Oswal forecast further upside?
Dixon Technologies' shares saw a rally despite a 36% drop in March quarter net profit. Revenue from operations increased by 2% year-on-year. Brokerages offer mixed views, with Goldman Sachs maintaining a 'Sell' rating due to weaker mobile segment performance, while Motilal Oswal and JM Financial suggest 'Buy' and 'Add' respectively, citing potential growth drivers like PLI 2.0.
Dixon Tech shares gain over 4% even as bears highlight earnings concerns, bulls cut estimates
On the Vivo JV front, the management of Dixon Tech said that the discussions with the government are at an advanced stage and that they are "very close" to a positive outcome.
Q4 Results LIVE Updates: Dr Reddy's, Dixon react to earnings; Bharti Airtel, Cipla report today
Q4 Results LIVE Updates: It's another earnings-heavy day as investors track numbers coming in from two Nifty 50 constituents Bharti Airtel and Cipla. Bharti Hexacom, TVS Motor, Tata Motors Commercial Vehicles, DLF, Crompton Consumer, DCM Shriram, HPCL, GSK Pharma, Man Infra, Oil India, NLC India, PFC, Sagar Cement, Tube Investments, are among the other important companies to track today. Watch this space for all the live earnings updates.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty hints at volatility and muted start to trade; Dixon in focus
Sensex Today | Stock Market LIVE Updates: There are news triggers to react to this morning. First, the increase on customs duty for gold, silver and other precious metal imports. Second, a 13-month high inflation print, and third, of course, being results. There is no let-off in oil prices, which remain near the $108 a barrel mark.
Dixon Tech Had a Good Quarter — But Dalal Street Can't Agree On Whether It Matters
Until the Vivo JV clarity arrives, Dixon Tech is expected to continue traversing muddy waters, with the stock having already fallen 37% in the last 12 months.
Stock Picks Today: Grasim, Dr Reddy's, Dixon Tech, Berger Paints, And More On Brokerages' Radar
Check out top stocks under brokerages' radar heading into trade today.
Stocks in news: Airtel, Tata Motors, Dr Reddy's, NTPC, Dixon Technologies
Markets faced selling pressure on Tuesday due to weak global cues and macroeconomic concerns, with the Nifty approaching support at 23,150. Several companies like Airtel, Tata Motors, and Dr Reddy's are in focus due to earnings reports and other news developments.
Dixon Tech CEO Says 'Very Close' To Final Nod For Vivo JV; Expects Production Boost
The proposed JV, announced in December 2024, aims to manufacture smartphones and other electronic devices in India.