India's Dixon Technologies rises after unit's MOU with Cellecor

Cellecor Gadgets

27/12/2024 04:14

** Shares of Dixon Technologies (India) Ltd  DIXO.NS  rise
as much as 3.2% to 18,608.65 rupees
    ** Consumer durables maker says its unit has entered into an
MOU with Cellecor Gadgets Ltd  CELE.NS  for manufacturing
refrigerators and related components 
    ** Stock on track to gain for 11th straight month; has
gained 15.2% so far this month.
    ** Mean rating on the stock is 'hold'; the median PT is
15,225 rupees - LSEG data
    ** DIXO last up 0.8%, adding to YTD gains of 176.7%

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))