The company announced to the stock exchanges that it has allocated 1,994,288 shares to anchor investors at Rs 900 per share on Friday. Out of these, 716,592 shares, valued at approximately Rs. 64.49 crore, were allocated to 3 domestic mutual funds across 8 schemes. This represents 35.93% of the total anchor investor allocation.
Dixon Technologies shares tumble 6% in 2 weeks. Is long-term bullishness intact?
The Dixon Technologies stock rebounded from its support near Rs 15,953, with resistance around Rs 17,295. It trades below its 20-day and 50-day EMAs of