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Dixon announced its quarterly results on 25th January, causing its share price to crash by 20% on 27th January. The share is down nearly 52% from its peak of 5600 to current levels of 2700. Dixon is a leading Electronics manufacturer in India, producing mobile phones, LED TVs, LED lights, washing machines, laptops, security cameras, and wearable devices. The company has consistently shown exceptional results, especially after the government's initiatives to boost the manufacturing sector. Despite high liquidity and investor favoritism, Dixon's share price has recently dropped due to market corrections.