Dixon Technologies reported a 36% YoY drop in Q4 consolidated PAT to Rs 256 crore despite a 2% rise in revenue to Rs 10,511 crore. EBITDA improved 9%, while the board recommended a Rs 10 per share dividend. The stock fell over 6% after the earnings announcement.
No runaway rally likely; markets to trade in broad range: Sameer Dalal
Equity markets face near-term unevenness due to global optimism tempered by domestic uncertainties like elevated crude prices and monsoon risks. Sameer Dalal of Natverlal &