New Delhi, Dec. 11 -- Shares of electronic manufacturing services company Dixon Technologies share price staged a strong recovery in Thursday's session, December 11. The stock opened lower and even slipped to a 52-week low of Rs.12,130 apiece, but quickly regained momentum, surging 6.6% from the day's low to touch a high of Rs.12,928. This also marked the stock's biggest single-day gain since early September.

This comes after the stock had been under significant selling pressure since mid-November. Although it has attempted a rebound, it still trades nearly 32.5% below the 1-year peak of Rs.19,148 apiece.

Over the past few sessions, EMS-related companies have witnessed heavy selling, triggered largely by the sharp fall in Kaynes Technol...