Dixon Technologies witnesses a 17% surge in its shares over a span of two days, reaching a new 52-week peak. This notable increase is attributed to the recent prohibition on the import of laptops, tablets, and PCs.
The stock of Dixon Technologies, a company specializing in consumer electronics, experienced a noteworthy 17% upswing during the most recent pair of trading sessions on the BSE. This ascent can be attributed to the government’s imposition of limitations on the importation of electronic goods, including laptops, tablets, and personal computers. Additionally, during Friday’s trading session, Dixon Technologies’ shares surged by 8.4%, propelling them to attain a fresh peak for the year at Rs 4,813 on the BSE.
The Directorate General of Foreign Trade (DGFT) conveyed through an official notification that the importation of laptops, tablets, all-in-one personal computers, and ultra-small devices has been subject to restrictions.