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On 25th January, Dixon announced its quarterly results, leading to a 20% crash in its share price on 27th January. The share price is down nearly 52% from its peak of 5600 to 2700. Dixon is a leading electronics manufacturer in India, producing mobile phones, LED TVs, washing machines, etc. The company has consistently posted exceptional results, especially after government initiatives like PLI scheme. Dixon's stock price jumped after the initiatives but has since corrected due to liquidity issues.