Shares of top electronics manufacturing services firms surged by as much as 7% after the government boosted the outlay for the Electronics Component Manufacturing Scheme to Rs 40,000 crore in Budget 2026. Investors responded positively to anticipated benefits for companies like Dixon Technologies, Kaynes Technology, and PG Electroplast amid rising domestic demand and stronger support for semiconductor production.
Budget 2026: Rs 40,000 crore electronics component outlay lifts Dixon Tech, Kaynes, PG Electroplast, and other EMS stocks up to 7%
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