Dixon Technologies (India) Ltd

(DIXON)

Dixon Technologies Confident Amid iPhone Launches - 04 Oct, 2024

Dixon Technologies' Managing Director Atul Lall stated that the success of iPhone launches in India will not affect Android smartphone sales, as all Android brands are performing well.

Dixon Technologies Advances in Manufacturing Incentives - 26 Sep, 2024

Dixon Technologies qualifies for India's manufacturing incentives scheme, aiming to meet 15% of domestic demand by FY26 with a capacity of 2 million units through partnerships with global firms like HP.

Dixon Technologies Announces Dividend and Growth Plans - 17 Sep, 2024

Dixon Technologies declared a Rs 5 dividend and aims for Rs 3,500 crore revenue in FY25. Motilal Oswal sets a target of Rs 15,500, while the stock has rallied 150% in a year. Partnerships with HP and Asus are expected to enhance IT hardware revenues.

Dixon Technologies Hits Record High Amid Positive Developments - 16 Sep, 2024

Dixon Technologies shares reached a record high following a significant MoU with ASUS for notebook manufacturing. Brokerages initiated coverage with optimistic price targets, and the company declared a dividend of Rs 5 per share, enhancing investor sentiment.

Dixon Tech Subsidiary Partners with Asus for Notebooks - 15 Sep, 2024

Dixon Technologies' subsidiary, Padget Electronics, has signed a Memorandum of Understanding with Asus India for the manufacturing of IT products, specifically notebooks.

Dixon Technologies Partners with ASUS for Notebooks - 13 Sep, 2024

Dixon Technologies' subsidiary, Padget Electronics, signed an MoU with ASUS for notebook manufacturing. The stock has surged 145% over the past year, peaking at Rs 13,633.

Nomura Initiates Buy Rating for Dixon Technologies - 12 Sep, 2024

Nomura has initiated coverage on Dixon Technologies (India) Ltd. with a Buy rating and a target price of Rs 15,567, citing strong growth potential in mobile manufacturing and localization benefits. The stock has surged 100% in 2024, reflecting positive market sentiment.

Dixon Technologies Gains CCI Approval, Target Prices Raised - 11 Sep, 2024

Dixon Technologies received CCI approval for acquiring a stake in Aditya Infotech, while brokerages raised target prices following its partnership with HP. Jefferies issued an underperform rating amid concerns over valuation after a significant share price increase.

Dixon Technologies Gains from Strategic Partnerships and Approvals - 10 Sep, 2024

Dixon Technologies' subsidiary Padget Electronics partners with HP India for PC manufacturing, while CCI approves its acquisition of a stake in Aditya Infotech. Morgan Stanley maintains an Equal-Weight rating with a target price of Rs 8,696.

Dixon Technologies Expands Manufacturing with HP Partnership - 09 Sep, 2024

Dixon Technologies' subsidiary, Padget Electronics, is establishing a new facility in Oragadam, creating 1,500 jobs and signing an MOU with HP India for manufacturing PCs. The investment is around Rs 250 crore under the IT Hardware PLI 2.0 Scheme.

Dixon Technologies Projects Strong Revenue Growth Ahead - 07 Sep, 2024

Dixon Technologies' shares increased by 0.5% as the company expects to generate Rs. 3,500 crores in IT hardware revenue by FY26, supported by government initiatives. The mobile segment remains a key revenue driver, while margins for laptops are projected to be similar to mobile. The company is also investing in a new campus in Chennai.