Dixon Technologies Sees Rs 17,783.64 Lakhs in Today's Active Trading Volume

Dixon Technologies (India) Ltd, a prominent player in the Electronics & Appliances sector, has emerged as one of the most active equities today, with a total traded volume of 108,654 shares and a total traded value of approximately Rs 17.78 crore. The stock opened at Rs 16,679 and reached a day high of Rs 16,835 before closing at Rs 16,163, reflecting a decline of 3.11% for the day.
Despite this downturn, Dixon Technologies outperformed its sector, which saw a decline of 2.45%. The stock has been on a downward trend, experiencing a consecutive fall over the last three days, resulting in a total drop of 10.5% during this period. Notably, the stock touched an intraday low of Rs 16,270, indicating significant volatility.

In terms of liquidity, Dixon Technologies remains accessible for trading, with a delivery volume of 191,000 shares on September 29, marking a substantial increase of 177.08% compared to the five-day average. The stock's performance is currently above the 100-day and 200-day moving averages but below the shorter-term averages of 5, 20, and 50 days.

Overall, Dixon Technologies continues to navigate a challenging market environment while maintaining a solid market capitalization of approximately Rs 97,790.08 crore.