Padget Electronics together with Compal to launch mass production of Google Pixel

Padget Electronics, Wholly Owned Subsidiary of Dixon Technologies (India) Limited ("Dixon") together with Compal to launch mass production of Google Pixel (Smart phones) for Compal's designated customer 'Google Information Services India Private Limited'. The said production to commence at plant of Padget Electronics situated at Sector-68, Noida.

Commenting on this occasion, Mr. Atul B. Lall, Vice Chairman & Managing Director of Dixon Technologies, stated that "We together with our customer Compal Group, one of the world's leading manufacturers of smart devices, are excited to launch production of Google Pixel (Smart phones) for 'Google Information Services India Private Limited', a designated customer of Compal, a brand synonymous with innovation and excellence in technology. This is a significant opportunity for Dixon and marks an exciting step in our growth and commitment to delivering cutting edge, high quality products to global and domestic market. Through this launch, Dixon shall be leveraging its state of the art facilities, effective manufacturing techniques and workforce and this also highlights the immense potential of India's electronics manufacturing sector in global scenario."

Shares of Dixon Technologies (India) Limited was last trading in BSE at Rs. 15805.10 as compared to the previous close of Rs. 15615.45. The total number of shares traded during the day was 18234 in over 5332 trades.

The stock hit an intraday high of Rs. 15980.00 and intraday low of 15620.00. The net turnover during the day was Rs. 288540483.00.

Source : Equity Bulls

Keywords

DixonTechnologiesIndia INE935N01020 PadgetElectronics Compal GooglePixel SmartPhonesProduction GoogleInformationServicesIndia