Dixon Tech stock drops sharply after hitting record high on strong Q2 results. Where’s it headed next?

Record-breaking earnings drove Dixon Technologies’ share price to a new high on Friday, October 25, before sharp profit booking saw it drop 18 per cent from its peak. With strong performance indicators and new partnerships, brokerages remain optimistic about the company’s future prospects.

Shares of Dixon Technologies hit an all-time high of ₹15,999.95 on Friday morning, following the release of stellar quarterly earnings for the second quarter of FY2025. However, this momentum soon faced a pullback as profit booking set in, sending the stock tumbling over 18 per cent from its record high to an intraday low of ₹13,055.30.