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On 25th January, Dixon announced its quarterly results, and by Friday 27th January, Dixon's share price had dropped by 20 percent, reaching 52 percent below its peak at 2700. Dixon is a top electronics manufacturer in India, producing various products. The company has been successful in recent years due to high market liquidity and government initiatives like PLI scheme and Atmanirbhar initiative. Investors favored Dixon's stock, leading to a significant increase in share price after the coverage of exceptional results. However, with liquidity tightening, Dixon's share price has corrected, as seen in the latest Q3 results.