Dixon Technologies (India) Share Price Fall 1.92%; Down 8.71% Over Five Sessions

Dixon Technologies (India) Ltd share price were trading at ₹10,189.00, down ₹199.00 or 1.92%, as of 12:22 pm IST on February 26, compared with the previous close of ₹10,388.00. The decline extends the stock’s five-session fall to ₹971.00, or 8.71% so far, with the stock quoted at ₹10,183.00 over the past five trading days, based on exchange data.

Why The Share Price Moved

Over the last five sessions, the stock has declined from levels above ₹11,100 earlier in the period to around ₹10,200. The previous close stood at ₹10,388.00, while the stock opened at ₹10,361.00 on February 26. The ongoing session reflects continued downward movement in recent trading sessions, according to exchange price trends.

Stock Performance Snapshot

As of 12:22 pm IST on February 26, Dixon Technologies shares were trading at ₹10,189.00, down 1.92% for the day. The stock opened at ₹10,361.00 and has so far touched a high of ₹10,462.00 and a low of ₹10,184.00 during the session.

The company’s market capitalisation stood at ₹61.73K crore. The price-to-earnings (P/E) ratio was 37.36. The stock’s 52-week high is ₹18,471.00, while the 52-week low is ₹9,835.00.

Market Depth

Order book data as of 12:22 pm IST showed higher sell-side participation relative to buy-side orders. Buy order quantity accounted for 38.86% of total visible orders, while sell order quantity stood at 61.14%.

Top Bid Levels:

• ₹10,169.00 – 20 shares
• ₹10,168.00 – 20 shares
• ₹10,167.00 – 11 shares
• ₹10,166.00 – 14 shares
• ₹10,165.00 – 59 shares

Total bid quantity stood at 27,725 shares.

Top Ask Levels:

• ₹10,173.00 – 110 shares
• ₹10,174.00 – 14 shares
• ₹10,175.00 – 29 shares
• ₹10,176.00 – 39 shares
• ₹10,177.00 – 34 shares

Total ask quantity stood at 43,620 shares.

The spread between the highest bid of ₹10,169.00 and the lowest ask of ₹10,173.00 was ₹4.00 at the time of capture, based on visible exchange data.

What This Means for Investors

The five-session decline has brought the stock closer to its 52-week low of ₹9,835.00 compared with its 52-week high of ₹18,471.00. The current P/E ratio of 37.36 reflects prevailing valuation levels based on trailing earnings.

Short-term price movement remains aligned with ongoing market activity, as reflected in exchange data. Further movement will depend on subsequent trading sessions and company disclosures, if any.

About The Company

Dixon Technologies (India) Ltd, listed on the National Stock Exchange under the ticker DIXON, is an electronics manufacturing services (EMS) company. It manufactures consumer electronics, lighting products, home appliances, mobile phones, and security devices for domestic and global brands.

The company operates manufacturing facilities across multiple Indian states and serves clients across various segments of the electronics value chain.

Conclusion

Dixon Technologies shares were down 1.92% at ₹10,189.00 as of 12:22 pm IST on February 26, extending their five-session decline to 8.71%. The stock has so far traded between ₹10,462.00 and ₹10,184.00 during the ongoing session. Market depth data indicates higher visible sell orders compared with buy orders at the time of capture. The movement reflects continued weakness over recent trading sessions, based strictly on exchange price data.

Source: https://www.nseindia.com/get-quote/equity/DIXON/Dixon-Technologies-(India)-Limited