Share of domestic consumer durable and electronics companies Dixon Tech and Amber Enterprises surged to record high today on account of gaining benefit by the government to encourage production in the local players. Amber is one of India’s largest contract manufacturers of air-conditioners and spares for top global brands such as LG, Daikin, Blue Star, Panasonic, CarrierMidea and Hitachi. Dixon Technologies, which makes consumer electronics, home appliances and mobile phones, has seen its shares jumped 300% from the recent low to record high of above 9500mark. Expects positive for other Indian players like IFB Industries. #MOMarketUpdates #MotilalOswal #indianstockmarket #consumerdurable #BSE #NSE #nifty #sensex
Posted On: 08 Sep 2020 5:29 PM
