Budget 2026 Boosts Electronic Manufacturing Stocks: Kaynes, Dixon Surge Over 5%

• Electronic manufacturing stocks rallied on Sunday, February 1, 2026, following Union Budget 2026 announcements.
• Kaynes Technology, PG Electroplast, CG Power, and Dixon Technologies saw over 5% increase.
• Finance Minister Nirmala Sitharaman launched India Semiconductor Mission 2.0 to strengthen the semiconductor supply chain.
• The mission aims to promote Indian Stack IP-based semiconductors.
• Budget for Electronic Components Manufacturing Scheme increased from 24,900 crore to 40,000 crore rupees, boosting domestic manufacturing.

Why It Matters: Budget 2026 announcements, including India Semiconductor Mission 2.0, fueled a surge in electronic manufacturing stocks.