Dixon Technologies ne kaha hai ki stock split karne ka motive hai ki retail and small investors ka wide participation hoo sake and liquidity of the equity shares increase hoo sake stock market me.
Dixon Technologies 14% Se Grow Kar Raha Hai ,Ex-Stocks Split Karne Se. A 14 per cent rally to Rs 4,588 on the BSE in intra-day trade on Thursday jab stock ko ex- stock split kiya tha in the ratio of 1:5 i.e. from Rs 10 to Rs 2.stock of consumer electronics company pichley bar high per thi March 15, 2021 at Rs4300.
Company ne 19th march ko fix kar liya hai as the record date for a stock split. February 2 ko board of directors ke meeting hui thi jisme unhone stock split ki approvel de di thi. Generally company stock split isliye karti hai taki unkey shares zada affordable hoo small retail investors ke liye and liquidity increase hoo sake.
Dixon Technologies ne kaha hai ki main reason behind split hai taki wide participation hoo sake small investors ki and liquidity of equity shares increase hoo sake stock market me.
February 2 se Dixon Technologies ko grow karte hue dekha jaa raha hai 51 per cent as compared to a 3.3 per cent rise in the S&P BSE Sensex. Company stock 691% zoom kar chuka hai since 580 ke low se in 24th march 2020.
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About Dixon Technologies
Dixon Technologies India ki ek multinational electronics manufacturing service company, based in Noida, Uttar Pradesh, India. Ye ek contract manufacturer hai televisions, washing machines, smartphones, LED bulbs, battens, downlighters and CCTV security systems ka for companies such as Samsung, Xiaomi, Panasonic and Philips.
Sunil Vachani Dixon Technologies(since 1993) ke founder hai. unke father television ki manufacturing karte they under the Weston brand jisne India me first colour television launch kiya tha. Unke business ne struggle kiya baadme baaki company ke emergency ke vajha se.
Dixon technologies initially manufacture karta hai 14-inch televisions, Sega video game consoles, Philips video recorders and push-button phones for Bharti Airtel. Major break through tab aaya jab 2000 me company ko ek government project me television manufacture ke supply ka order aya. Television and video recorded ke alava company ne air conditioners and microwave ovens bhi banana chalu kar diya LG company ke liye and DVD baki company ke liye (including Dixon Technologies) .
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