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Dixon Technologies shares spike ₹700 intraday on MoEIT nod for HKC JV, here's key details

News by Aliceblue News Desk

10 Mar 2026

Dixon Technologies shares spike ₹700 intraday on MoEIT nod for HKC JV, here's key details

Introduction

Leading electronics manufacturer receives government approval to form a joint venture with a foreign partner for development and production of liquid crystal and TFT display modules in India.

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Also Read: Paras Defence: Stock in radar after bagging ₹80.28 Cr DRDO order for air defence optics

Share price movement of Dixon

On March 10, 2026, Dixon Technologies (India) Ltd opened at ₹10,400.00, up 6.11% from its previous close of ₹9,805.30. The stock reached a high of ₹11,062.10 (12.83%) and a low of ₹10,165.00. By 3:42 PM, it traded at ₹10,918.25, an 11.35% increase, with a market cap of ₹66,385.03 crore.

Dixon Forms JV with HKC

Dixon Technologies (India) Limited has received approval from the Ministry of Electronics and Information Technology under Press Note 3 of 2020. The approval allows HKC Overseas Limited to invest in DDTPL.

Under the agreement, Dixon will hold 74% and HKC 26% of Dixon Display Technologies Private Limited, converting it into a joint venture. The JV will focus on display module development and manufacturing.

DDTPL will produce liquid crystal modules, TFT-LCD modules, and other advanced display modules for mobile phones, automotive, notebooks, televisions, monitors, and industrial applications, supporting domestic manufacturing under the ‘Make in India’ initiative.

Stock performance of Dixon for period of 1 week, 6 months, and 1 year

Dixon Technologies (India) Ltd delivered a -3.42% return over the past week, declined 45.7% in the past 6 months, and fell 25.3% over the past 1 year.

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Also Read: GAIL signs MoU with RailTel to explore new telecom opportunities; check more on this

Shareholding pattern of Dixon

ParticularsDec 2025Sep 2025Jun 2025
Promoter28.80%28.90%29.00%
FII19%21%20.60%
DII29.10%28.90%26.70%
Public23.40%21.50%23.80%

About Dixon

Dixon Technologies (India) Ltd (NSE: DIXON) is an EMS company manufacturing consumer electronics, lighting, home appliances, CCTVs, mobile phones, security equipment, wearables, and AC-PCBs, with reverse logistics operations.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Dixon Technologies (India) Ltd share price rising today?

A: Dixon Technologies (India) Ltd gets MEITY approval under Press Note 3 to form a JV with HKC Overseas for display module manufacturing.

Q: What is Dixon Technologies (India) Ltd’s main business focus?

A: Dixon Technologies (India) Ltd provides electronic manufacturing services for consumer electronics, lighting, home appliances, CCTVs, mobile phones, security equipment, wearables, and AC-PCBs.

Q: What are the 52-week high and low of Dixon Technologies (India) Ltd stock?

A: Dixon Technologies (India) Ltd stock’s 52-week high is ₹18,471.50 and 52-week low is ₹9,620.

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