Kaynes Tech selloff spills to Dixon Tech, Amber, PG Electroplast as shares fall up to 9%

Shares of EMS companies Dixon, Amber, and PG Electroplast declined sharply on Wednesday, tracking the fall in Kaynes Technology and extending the sector’s recent weakness. Dixon led the slide, plunging over 9% intraday—its biggest drop since January—before ending down more than 8%, with trading volumes surging to over triple the 20-day average.