New Delhi, Dec. 29 -- Shares of electronic manufacturing services company Dixon Technologies extended their losing streak to the sixth straight session on Monday, December 29, falling another 4% to Rs.11,821 apiece, the lowest level since August 2024.

The shares have been on a free fall since late September, losing 35% of their value so far, down from Rs.18,471, largely due to concerns about possible cuts to its earnings per share (EPS) estimates for FY27.

Though the stock showed some strength along the way, a bearish outlook from global brokerage firm Morgan Stanley further dented investor sentiment, making it one of the top underperformers among Nifty 500 stocks, with year-to-date losses of 33.5%.

Last week, the brokerage retained it...