Buy Dixon Technologies; target of Rs 5936: Anand Rathi

Anand Rathi is bullish on Dixon Technologies has recommended buy rating on the stock with a target price of Rs 5936 in its research report dated November 24, 2021.

Broker Research

November 25, 2021 / 13:34 IST

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Anand Rathi's research report on Dixon Technologies

After becoming strong in Indian contract manufacturing, Dixon now has global aspirations. It is targeting the global LED-bulb market. Its new product categories like refrigerators and telecoms equipment are well placed to support growth in FY23/FY24.

Outlook

We upgrade the stock to a Buy with a TP of Rs.5,936, based on FY24 earnings.

For all recommendations report, click here

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Broker Research

first published: Nov 25, 2021 01:34 pm

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