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Net Sales are expected to increase by 30 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs 3,995.2 crore, according to Nirmal Bang.
Net Sales are expected to increase by 69 percent Y-o-Y (up 66 percent Q-o-Q) to Rs. 4,738.3 crore, according to Yes Securities.
From an earnings perspective, FY22 could be another strong year for Dixon, owing to the commencement of the new manufacturing capacities and the addition of new clientele
The company is eyeing exponential growth in the mobile segment and has recently entered into contractual agreements with Motorola and Nokia for the manufacturing of mobiles under the PLI scheme
The Street is cognizant of the exciting growth prospects of Dixon and, therefore, the stock has more than quadrupled in the past 12 months
Net Sales are expected to increase by 37.3 percent Y-o-Y (down 16.8 percent Q-o-Q) to Rs. 1,364.1 crore, according to Yes Securities.
At current valuations of Dixon Tech, significant growth over the coming years is already priced in to the stock
While we recognise the overall solid fundamentals of Dixon Tech, we believe this is an opportune time to cash in on the market euphoria and take profits as macro outlook remains uncertain, valuations look lofty and growth trends tend to be soft.
Robust framework of policies and actions to develop manufacturing ecosystem is the need of the hour. On that count, the government’s Budget has a lot to do
Dixon has ventured into Security systems with the manufacturing of CCTVs and Digital Video Recorders and has made good progress in this segment so far
The management is aiming for a 20 percent growth in topline by adding clients as well as mining relationships with existing clients.
An asset-light model, growing presence in ODM, backward integration of processes, well-established relationships with marquee clients, and the government's emphasis on domestic manufacturing are the key tailwinds that stands Dixon in good stead and makes it worth accumulating in the current weakness.
Dixon Technologies posted a good set of earnings in Q3. In an interview to CNBC-TV18, Atul Lall, MD of Dixon Technologies spoke about the results and his outlook for the company.