Dixon Technologies India hits record high on MOU with Asus

Asustek Computer

16/09/2024 06:46

** Shares of Dixon Technologies India  DIXO.NS  rise 5.7% to
a record high of 13,772.75 rupees 
    ** The electronics maker's unit entered into a memorandum of
understanding with Taiwanese laptop giant, Asus'  2357.TW 
Indian arm 
    ** MOU for manufacturing information technology products,
including notebooks, in India 
    ** Stock eyes busiest trading day in 10 sessions
    ** Analysts' avg rating on stock is "Hold", median PT is
12,100 rupees - a 7% discount on last close, per LSEG data 
    ** Stock up ~110% YTD 
    

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))