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On January 25th, Dixon announced its quarterly results, resulting in a 20% crash in share price on January 27. Dixon, a leading Electronics manufacturer in India, saw its share price fall from 5600 to 2700. The company manufactures mobile phones, LED TV, LED lights, washing machines, laptops, security cameras, and has recently entered the wearable device sector. With high liquidity in the market and government initiatives like PLI scheme and Atmanirbhar initiative, Dixon became a favorite stock for investors in the manufacturing sector. The share price saw exponential growth post-COVID but started to correct with the latest Q3 results.