Dixon is doing well currently, rising 4.5% to hit an intraday high at Rs.5300. Its 10% UC for the day is at Rs.5579.55. Its 52-week high is at Rs.6240.
The stock is up after Acer announced that it has partnered with Dixon Technologies for the manufacturing of laptops at its state-of-the-art manufacturing facility.
This will have capacity to manufacture up to 500,000 Acer laptops annually.