Dixon jumps nearly 3% on Q-Tech deal, new joint venture

Dixon Technologies had a strong start on Wednesday (July 16, 2025) — its share price jumped 2.6 per cent in the morning, trading at Rs 16,235. The spark? A double whammy of a headline-making acquisition and a blockbuster earnings print. The stock’s already had a good run this year, but this move reminded the Street that Dixon isn’t done yet. Still, the valuation is no bargain. And that’s what has some investors doing a double-take. What’s moving the stock? The Q-Tech deal: Dixon just announced it’s picking up a 51 per cent stake in Kunshan Q-Tech’s Indian arm. Q-Tech is a major camera module manufacturer, and this move gives Dixon a leg-up in key components, especially useful for mobile phones and IT hardware. Joint venture for manufacturing precision components: On Tuesday, Dixon announced its joint venture with Chongqing Y