Dixon Technologies shares dip 10% despite 265% YoY jump in Q2 profit. What analysts say

Shares of Dixon Technologies fell 9.7% to Rs 13,601.30 on the BSE after reaching a new all-time high of Rs 15,999.95. Despite this drop, the company reported a 265% year-on-year increase in Q2 PAT to Rs 412 crore, driven by higher mobile phone production and a one-time gain of Rs 209.6 crore.

from Economic Times https://ift.tt/b89nYTw