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On 27th January, Dixon announced its quarterly results, leading to a 20% crash in its share price. The stock is now down nearly 52% from its peak at 5600 to 2700. Dixon is a top Electronics manufacturer in India, producing a wide range of products including mobile phones, LED TVs, washing machines, and more. The company has been performing exceptionally well in recent years, benefiting from high liquidity in the market and government initiatives like the PLI scheme. Despite being a favorite among investors, Dixon's share price has recently corrected due to market conditions.
