Nomura thumbs up Dixon as co starts making Google Pixel; stock hits record

The stock of electronics manufacturing services (EMS) major Dixon Technologies hit its all-time high at Rs 16,840.25 a share on Monday. The country’s largest EMS player was the highest gainer in the BSE 200 index, closing the day with gains of 6 per cent at Rs 16,759.

The stock surged after the company announced that its wholly-owned subsidiary Padget Electronics, in partnership with Compal, has commenced mass production of Google Pixel smartphones for Google’s Indian arm, Google Information Services India.