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On 25th January, Dixon announced its quarterly results, leading to a 20% crash in share price on 27th January. The share price is down 52% from its peak of 5600 to 2700. Dixon is a top Electronics manufacturer in India, producing mobile phones, LED TVs, washing machines, laptops, security cameras, and wearable devices. The company has consistently posted exceptional results due to high liquidity in the market and government initiatives like PLI scheme and Atman initiative. Investors favored Dixon, leading to exponential share price jumps, but recent Q3 results led to share price corrections.