Dixon Technologies shares surged rose sharply on Wednesday after reports suggested the government may approve its long-pending joint venture with Vivo this month. The proposed JV, in which Dixon will hold a majority stake, is expected to strengthen smartphone manufacturing capabilities in India while reducing Vivo’s regulatory risk exposure in the market.
Dixon Technologies shares rallied 5% on Wednesday following reports of potential government approval this month for its joint venture with Vivo. The proposed JV aims to significantly strengthen smartphone manufacturing capabilities in India. This partnership is also expected to…
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