Dixon Technologies (India) Limited and SAMSUNG India Electronics Pvt Ltd have entered into agreement for manufacturing of LED TVs. Dixon shall be manufacturing LED TV for SAMSUNG from its manufacturing facility located at Tirupati, Andhra Pradesh.
Commenting on this association, Mr. Sunil Vachani, Executive Chairman, Dixon Technologies (India) Limited said, "SAMSUNG is one of the most valued brand in the Technological world as they work relentlessly towards elevating innovation and technology. SAMSUNG continues to evolve into a Company that contributes to a better world. Considering the faith they have bestowed on Dixon by collaborating in Washing Machines, mobile phones and now LED TVs, we are hopeful that our partnership grows sturdier with time."
Mr. Atul B. Lall, Managing Director, Dixon Technologies (India) Ltd. said, "The mantra on which SAMSUNG has built such a strong brand for themselves is that they are always putting customer at the heart of their business. Dixon shares the same ideology and we work persistently towards building a stronger bond with our customers by delivering high quality products. We are encouraged by the trust SAMSUNG has conferred on Dixon and we shall work together for building a stronger bond."
Shares of Dixon Technologies (India) Ltd was last trading in BSE at Rs.3960 as compared to the previous close of Rs. 3913.15. The total number of shares traded during the day was 3422 in over 759 trades.
The stock hit an intraday high of Rs. 4033.8 and intraday low of 3882. The net turnover during the day was Rs. 13619738.