Dixon Technologies’ stock faces pressure from rising memory chip costs and upcoming regulatory changes. The company, a major Android handset maker, sees its stock decline. Analysts point to government approvals, memory price surges impacting demand, and the end of the PLI scheme as key concerns. Dixon is investing in component manufacturing and expanding capacity to navigate these challenges.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20