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Dixon Technologies announces 47% YoY increase in net profit for FY24

Dixon Technologies announces 47% YoY increase in net profit for FY24

On Wednesday, Dixon Technologies Ltd. shares closed at ₹8,102 per share, up ₹0.46, or 37.40 percent, from the previous close price. The company has a market capitalization of ₹48,237 crore.  Dixon Technologies Ltd announced a consolidated net profit of ₹97 crores for the quarter ending March 2024 (Q4FY24), marking a 21% rise from ₹80 crores [...]
Defence stock hits 5% upper circuit after company’s revenue grew by 664% in H2FY24

Defence stock hits 5% upper circuit after company’s revenue grew by 664% in H2FY24

The shares of cutting-edge engineering solutions providers hit 5 percent upper circuit of Rs 435.85 apiece after the company’s revenue increased by 664 percent half-yearly and 608 percent annually in FY23-24.  With a market capitalization of Rs 753.20 crore, the shares of Trident Techlabs Ltd. were trading at Rs 435.85 per share, increasing around 5 [...]
EV stock in focus after company acquires additional stake in Lithium-ion Battery arm  

EV stock in focus after company acquires additional stake in Lithium-ion Battery arm  

Shares of this multibagger EV stock are in focus on Wednesday after the company invested approximately Rs 75 crores in its wholly-owned subsidiary engaged in the manufacturing process of Lithium-ion Battery cells. In the past month, the company’s stock rose nearly 12 percent for its holders.  With a market capitalization of Rs 39,000 crores, the [...]
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