Dixon Technologies (India) Ltd (DIXON)

Contract Manufacturers Expect BCD Increase to Boost Domestic Manufacturing - 24 Jul, 2024

Dixon Technologies and Optiemus Electronics, who produce a significant portion of PCBAs for various CPEs, expect the BCD increase to stimulate domestic manufacturing.

Dixon Tech Shares Fall After Customs Duty Reduction - 23 Jul, 2024

Dixon Technologies' shares fell by almost 6% after Union Finance Minister Nirmala Sitharaman announced a reduction in customs duty on mobile phones, PCBA, and chargers. However, Dixon stands to benefit from government incentives aimed at boosting manufacturing and electronics production. Sunil Vachani, Executive Chairman of Dixon Technologies, welcomed the move to increase basic customs duty to 15%, saying it would increase localization and create more jobs.

Dixon Technologies Receives Short Rating from Equirus Securities - 22 Jul, 2024

Equirus Securities has initiated coverage on Dixon Technologies with a Short rating and set a target price of ₹9,830. Meanwhile, the company is expected to benefit from government incentives for manufacturing and electronics production.

Dixon Technologies Gets CCI Approval for Ismartu India Acquisition - 19 Jul, 2024

Dixon Technologies has received approval from the Competition Commission of India (CCI) to acquire a 56% stake in Ismartu India.

Electronics Manufacturing Services Companies Outperforming - 14 Jul, 2024

Dixon Technologies (India) Ltd, the market leader in electronics manufacturing services, has tripled its value over the past year. While investor interest is expected to remain high, sustaining the rally will be crucial given expensive valuations and lofty expectations.

Dixon Technologies to Divest Stake in Joint Venture Company - 09 Jul, 2024

Dixon Technologies plans to sell its entire 50% stake in AIL Dixon Tech to Aditya Infotech and acquire a 6.5% stake in exchange, according to an exchange filing. The agreement involves Dixon Technologies subscribing to 73,05,805 equity shares of AIL.

Dixon Technologies Plans Divestment and Acquisition - 08 Jul, 2024

Dixon Technologies is set to divest its entire 50% stake in AIL Dixon Tech to Aditya Infotech and acquire a 6.5% stake in Aditya Infotech in exchange for the divestment. The company has also demonstrated strong growth despite lack of recent insider buying.

Dixon Technologies (India) Ltd Shows Strong Financial Performance - 05 Jul, 2024

Dixon Technologies is expected to outpace Indian market averages with 23.5% revenue and 33.72% earnings growth per year, along with a high Return on Equity of 30.2%. Recent strategic moves include a memorandum of understanding with Acerpure India for manufacturing consumer appliances.

Dixon Technologies Plans Expansion into IT Hardware Segment - 04 Jul, 2024

Dixon Technologies is set to expand its business into the IT hardware segment and has signed a partnership with HKC for mobile displays. The company is also in talks with global IT hardware brands and expects significant revenue growth over the next two years.

Dixon Technologies Shows Strong Growth Prospects - 03 Jul, 2024

Dixon Technologies in India is expected to outpace the broader Indian market with a forecasted annual earnings growth of 33.7% and revenue growth of 23.4%. Recent strategic moves, including a memorandum of understanding with Acerpure India for manufacturing consumer appliances, enhance its production capabilities and potentially boost future revenues.

Dixon Technologies Demonstrates Robust Growth and Expands Product Lineup - 02 Jul, 2024

Dixon Technologies shows strong growth in earnings and revenue projections, outpacing the Indian market. The company engages in strategic expansions, including a JV with HKC Corp Ltd to manufacture products such as smartphones.

Dixon Technologies Shares Hit All-Time High After Positive Outlook from HSBC - 01 Jul, 2024

Shares of Dixon Technologies (India) Ltd reached an all-time high of Rs 12,334, up over 3%, following a positive outlook from HSBC. The brokerage firm maintained its buy call on the stock and raised the target by over 45% due to a favorable policy environment for the company.