Dixon Technologies plunges 15% in 1 month; here is what is ailing the EMS leader
Shares of Dixon Technologies are in focus after a sharp fall in the share price in one month. Profit booking at a higher levels, increased pressure from Chinese peers and revised guidance are few contributing factors to the fall. Additionally, the consistent decline in promoter holding also weighed on the risk sentiment for the stock.
Shares of Dixon Technologies are in focus after a sharp fall in the share price in one month. Profit booking at a higher levels, increased pressure from Chinese peers and revised guidance are few contributing factors to the fall. Additionally, the consistent decline in promoter holding also weighed on the risk sentiment for the stock.
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