Sharekhan is bullish on Dixon Technologies has recommended buy rating on the stock with a target price of Rs 4500 in its research report dated July 27, 2022.
Emkay Global Financial recommended hold rating on Dixon Technologies with a target price of Rs 3860 in its research report dated July 27, 2022.
Contract manufacturer Dixon Technologies delivered healthy operating metrics for Q1 FY23. However, the business internals were mixed and the June-quarter sales and margins were a bit soft on a sequential basis due to demand slowdown and the challenging cost environment
Traders should take one step at a time and avoid aggressive trades, as there are clusters of resistances lined up for the NIfty on the way up
Companies may find it hard to pass on rise in input prices
Technically, the medium term chart formation in Tech Mahindra is still on the weak side but due to temporary oversold situation, a sharp pullback rally from the current level is not ruled out.
Dixon Technologies (India) was founded in 1993 with a single factory in Noida. The company is today the largest home-grown electronics manufacturer.
Electronics and auto companies may reduce output from April 2022 as the supply of parts to India from China could be delayed by 10-15 days
Traders and investors should continue holding Deepak Nitrite and can expect upside towards Rs 2,400 followed by Rs 2,650. Downside support for the stock is placed at Rs 2,000 levels.
The Dixon stock price still appears running ahead of fundamentals and investors should ideally wait for better price points
In Dixon Technologies, investors should use sell opportunity or exit to rally on any bounce towards Rs 4,700-4,900, with downside crucial support zone of Rs 4,120-3,930 levels.
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.
The management of Dixon Tech has retained its FY22 revenue guidance of Rs 11,000-12,000 crore with operating margins around 4-4.5 percent
As Nifty is still trading within the rising channel pattern, the bullish trend is most likely to continue, going ahead, says Rohan Patil of Bonanza Portfolio.
Moneycontrol’s Karunya Rao caught up with Atul Lall, Vice Chairman and MD of Dixon Technologies to talk about the benefit seen from government's PLI scheme, supply-side challenges faced by the sector and long-term growth targets of Dixon. In this video, Lall talks about: - How the world looking at 'China Plus One' strategy is a huge opportunity for India - Dixon eyeing revenue of Rs 11,000 crore in the current fiscal - Growth in localisation - Projections for the upcoming festive season - Shortage of semiconductors, displays & cargo availability
ICICI Direct is bullish on Dixon Technologies has recommended buy rating on the stock with a target price of Rs 5050 in its research report dated July 28, 2021.
Emkay Global Financial recommended hold rating on Dixon Technologies with a target price of Rs 4500 in its research report dated July 28, 2021.