Dixon Technologies shares decline 4% despite 156% YoY spike in Q1 profit

Dixon Technologies shares decline 4% despite 156% YoY spike in Q1 profit

Dixon Technologies posted 156% YoY profit to Rs 718 crore in Q1 FY27 (revenue +25%); stock declined 4% despite strong results. Lighting divestment signals strategic focus on core electronics, but market's rejection—after 25% rally—hints at stretched valuation or guidance doubts.