Shares of Dixon Technologies (India) fell sharply today by over 13% today, following the company’s underwhelming Q3FY25 performance. The company reported a 47.5% YoY drop in net profit to ₹216 crore and a 9% decline in revenue to ₹10,453.7 crore.
With the stock’s year-to-date decline of 12%, how do you decide if it’s worth adding to your portfolio? That’s where Upstox Invest’s ‘UpTrend’ feature comes into play.
How does the ‘UpTrend’ feature work?
‘UpTrend’ highlights the top stocks by order value on Upstox Invest, offering a quick snapshot of where the market’s focus lies. Dixon Technologies, despite its recent dip, is featured prominently in today’s UpTrend list.
Here’s what you can observe:
- Order Momentum: Dixon’s high trading activity suggests significant market interest, which could be due to its long-term prospects.
- Historical Context: Comparing the all-time performance vs. the daily drop (as seen in the screenshots below) can help you make more informed decisions about the stock’s potential recovery.
- Customisable Sorting Options
The feature offers extensive sorting capabilities, allowing users to arrange stocks based on (screenshot below):
- Daily change (%)
- Current price (₹)
- Market cap (₹ Cr)
- Analyst ratings (Buy%)
- Analyst Buy Ratings
Uptrend shows the percentage of analysts recommending a stock as a “Buy.” For example, Dixon Technologies shows 52% Buy rating today.
How to access ‘UpTrend’ on Upstox Invest:
- Open Upstox Invest and navigate to the ‘Stocks’ tab.
- Go to ‘Explore’ and scroll down to the ‘UpTrend’ section.
- Analyse stocks like Dixon Technologies featured in the list, review order values, and track real-time activity.
Why use ‘UpTrend’?
- High order values can signal strong interest or reactions from other investors.
- Spot trending stocks faster without needing to sift through extensive data.
- Combine UpTrend insights with analyst ratings and company performance data for a well-rounded perspective.
With features like UpTrend, Upstox Invest empowers you to stay ahead of the market. What’s your take on Dixon’s performance? Would you consider it a buy, or are you waiting for better entry points? Share your thoughts below!
Looking for more details? Check out our FAQ post on UpTrend.