Dixon Share Price: Stock of BSE 200 company crashes nearly 8% despite strong Q4 results - Here's why

Dixon Technologies Share Price: Shares of Electronics manufacturing services company Dixon Technologies (India) Ltd crashed nearly 8 per cent on Wednesday, i.e. on May 21, 2205, even as the company has reported strong quarterly results wherein its consolidated net profit jumped four-fold. The stock started the session in the green at Rs 16,570 on the BSE against the previous close of Rs 16,566.90. The momentum continued as the scrip hit the intraday high of Rs 16,650. However, shares soon came under selling pressure and fell nearly 8 per cent. 

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