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The stock traded at a P/E multiple of 61.68, while the price-to-book value ratio stood at 7.33.

Sunil Subramaniam predicts the Budget will balance fiscal discipline with capex and revenue focus. With stable tax collections, higher revenues may not be a priority, but ensuring capex benefits reach the public remains a challenge.

On the technical charts, the RSI of the stock stood at 29.55.

Promoters held 46.09 per cent stake in the company as of 31-Dec-2024, while FII and DII ownership stood at 18.46 per cent and 16.07 per cent, respectively.

​We have key results coming up today, tomorrow, and Monday we have the swearing in of the US president as well, so big ticket events lined up. The best thing to do is either be a day trader in such kind of a market or focus on hedged positions which is do not take anything without creating an offsetting position using options.

The Dixon Technologies stock rebounded from its support near Rs 15,953, with resistance around Rs 17,295. It trades below its 20-day and 50-day EMAs of Rs 17,391 and Rs 15,869, signalling short-term weakness. However, staying above the 100-day EMA at Rs 14,417 reflects medium-term support, suggesting potential stability despite recent challenges in the shorter timeframe.

A total of 15,270 shares changed hands on the counter till 02:08PM (IST).

Brokerage firms, including Yes Securities and Emkay, have provided positive recommendations on key stocks like Angel One and Dixon Technologies. They highlight significant upside potential over a one-year period, such as a 26% rise for Angel One, 22% for Dixon Technologies, and 28% for Devyani International, encouraging investors to consider these stocks carefully.