Dixon Tech shares drop 13% post Q2 results
Revenues of the mobile division grew 235% year-on-year to ₹9,440 crore.
Revenues of the mobile division grew 235% year-on-year to ₹9,440 crore.
Dixon Technologies MD and vice chairman Atul Lall recently said that manufacturing for a global brand through Compal is expected to commence by September 24.
Dixon proposes to partner with Xiaomi India to carry out the manufacturing and export of mobile phones of Xiaomi.
The stock hit its 52-week low of ₹2,632 apiece after the contract manufacturer slashed its revenue guidance.