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Dixon Technologies (India) Ltd fell 0.83% today to trade at Rs 17066.95. The BSE Consumer Durables index is down 0.11% to quote at 59142.22. The index is down 4.08 % over last one month. Among the other constituents of the index, Titan Company Ltd decreased 0.53% and PG Electroplast Ltd lost 0.16% on the day. The BSE Consumer Durables index went down 10.47 % over last one year compared to the 0.66% surge in benchmark SENSEX.
Dixon Technologies (India) Ltd has lost 5.7% over last one month compared to 4.08% fall in BSE Consumer Durables index and 0.74% rise in the SENSEX. On the BSE, 651 shares were traded in the counter so far compared with average daily volumes of 8681 shares in the past one month. The stock hit a record high of Rs 19149.8 on 17 Dec 2024. The stock hit a 52-week low of Rs 12326.6 on 07 Apr 2025.
PG Electroplast, through its Wholly Owned Subsidiary PG Technoplast (PGTL) announced the acquisition of a 50-acre land parcel in Sri City, Andhra Pradesh. This marks a landmark moment for the PG Group, as it establishes the company's first facility in South India and represents its largest land acquisition to date.
At the outset, PGEL plans to invest around Rs 1,000 crore in developing this state-of-the-art integrated manufacturing campus over the next 5 years. Strategically located near Chennai port, the facility will not only strengthen PGEL's pan-India manufacturing footprint but also support long-term export opportunities.
The first phase will focus on a refrigerator plant with an annual capacity of 1.2 million units, with commercial production expected by December 2026. The site is also being designed to accommodate future expansion into air conditioners, washing machines, and other home appliances and electronics.
The facility is expected to generate over 500 jobs in the region in the first phase and further contribute to Andhra Pradesh's industrial growth and India's vision of Atmanirbhar Bharat.