Nomura retains a ‘buy’ on Dixon Technologies with a target price of Rs 14,678, citing margin expansion and growth potential ...
The display-module venture deepens Dixon’s push into electronics components and backward integration, but much of the optimism appears already reflected in the valuation.
Industry executives said the venture could help strengthen domestic manufacturing of display components, which are currently largely imported.
The buying on the counter came after Ministry of Electronics and Information Technology approved Dixon Tech's joint venture (JV) with HKC Overseas to manufacture display modules ...
Nomura suggested a target price of Rs 14,678 on Dixon Technologies, based on about 45 times its FY28 estimated earnings per share. It said the stock currently traded at roughly 30 times FY28 estimated ...
Shares of Dixon Technologies came into focus after the company received approval from the Ministry of Electronics and Information Technology (MeitY) to form a joint venture with Chinese firm HKC ...
On Tuesday, 3133 stocks advanced, 1175 declined and 155 remained unchanged on Bombay Stock Exchange with advance decline ratio of 2.66 indicating a positive closing.
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Dixon Technologies share price: Stock jumps over 7% after HKC JV nod; Is it still a buy?
Dixon Tech Share Price: Dixon Technologies (India) Ltd shares rose over 7 per cent after the government approved its joint venture with HKC Overseas Ltd to manufacture display modules. Nomura ...
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