Dixon Tech India Shares Surge 4% After Inking Manufacturing Pact With Vivo Mobile India

Dixon Tech Share Price: The shares of Dixon Technologies India rose as much as 4% to hit an intra-day high of Rs 14,001 apiece on Friday, July 10 after inking a deal with Vivo Mobile India to manufacture electronic devices, including smartphones.

As part of this deal, both companies have agree upon forming a joint venture company to manufacture electronic devices Dixon Technologies will hold 51% stake in the joint venture while the remaining 49% will be held by Vivo Mobile India.