Dixon, Vivo form JV to make smartphones in India; shares scale record high

Dixon Technologies hits record high: Shares of electronics manufacturer Dixon Technologies rose as much as 2.68 per cent to hit a record high (all-time high) of Rs 18,439.60 per share on Monday, December 16, 2024.

Dixon Technologies’ share price surged following the announcement of a binding term sheet with Vivo India on December 15, 2024, to establish a joint venture in India. The venture will focus on original equipment manufacturing (OEM) of electronic devices, including smartphones.