dixon technologies

Brokerages offer mixed views on Indian stocks. Motilal Oswal is bullish on dixon technologies, citing government approvals. Macquarie is cautious on United Spirits, noting growth lags. Citigroup recommends HDFC Life despite Q4 challenges. Morgan Stanley maintains an overweight on HDFC AMC, expecting steady AUM growth. Nomura reiterates a buy on Wipro, highlighting deal wins and a significant buyback.

Bharti Airtel plans significant investments in Airtel Money and a progressive dividend policy. Singtel may reduce its stake, while Bharti Airtel eyes increasing its stake in Indus Towers. Groww's broking growth is slowing, but non-broking ventures show promise. Eternal's stock correction presents a buying opportunity. dixon technologies could benefit from an extended Mobile PLI scheme.

Consumer electronics manufacturer dixon technologies made a strong debut on Indian market exchanges today and opened at Rs 2,725, up 54 per cent over its issue price of Rs 1,766.

Shares of dixon technologies (India) Ltd rose 70 points to hit 2963 mark on BSE and 71.55 points to reach 2963 on NSE in early trade today. The stock was trading at 2,897.45 rupees as of 0531 GMT, 64 percent higher than its IPO issue price of 1,766 rupees

Analysts are cautious on dixon technologies due to rising memory costs impacting smartphone sales. Conversely, Jefferies sees potential in Alkem Labs' Medtech expansion, while Motilal Oswal is positive on Tata Steel's domestic demand and EU turnaround. Citigroup highlights LIC Housing's undervalued status, and Goldman Sachs raises Eicher Motors' target on strong Hunter 350cc sales.

dixon technologies and Signify have agreed to form a 50-50 joint venture in India for manufacturing lighting products and accessories, enhancing the ‘Make in India’ and 'Atmanirbhar Bharat' initiatives. This partnership aims to leverage Signify's lighting technology expertise and Dixon’s manufacturing skills to produce high-quality competitive lighting products in India.

dixon technologies (India) Ltd saw a nearly 2% rise in its stock price as it reported a 47% increase in consolidated net profit at Rs 113.36 crore in the second quarter of 2023. The company's revenue increased 27.83 per cent to Rs 4,943.18 crore as against Rs 3,866.77 crore in the year-ago period. Dixon's total expenses in the September quarter rose 50.52 per cent to Rs 4,797.83 crore, it added. The company had posted a net profit of Rs 77.12 crore in the July-September period a year ago.

New Delhi, Sep 4 () Electronic manufacturing firm dixon technologies (India) expects to raise Rs 600 crore from its IPO due on September 6 and plans to spend the proceeds on capacity expansion and debt repayment.

Electronic manufacturing firm dixon technologies India has opened its IPO (Initial Public Offering) for subscription today with a price band of Rs 1,760-1,766 per share with a face value of Rs 10 each. The IPO offer will close on September 8.

New Delhi, Nov 14 () Electronics manufacturer dixon technologies today said its consolidated net profit increased 33 per cent to Rs 20.7 crore for the September quarter. This is against a net profit of Rs 15.56 crore in the year-ago period, dixon technologies said in a BSE filing.

Tata Electronics plans to collaborate with Chinese smartphone companies Xiaomi and Oppo to expand its client base beyond Apple. The partnership aims to bolster Tata's presence in the electronics manufacturing sector. This strategy follows an initial approach to Vivo and a recent joint venture between Vivo and dixon technologies to manufacture electronic devices.

Nuvama downgraded UPL to hold, citing restructuring for a unified crop protection entity. Jefferies maintained a buy on IDFC First Bank after a suspected fraud disclosure. Morgan Stanley rated dixon technologies underweight due to rising DRAM prices impacting the smartphone market. CLSA is outperform on Tech Mahindra, seeing AI as a growth driver.

dixon technologies plans a Rs 1,000 crore investment. The goal is to boost component manufacturing. This includes camera modules and precision enclosures. A joint venture with Chongqing Yuhai is planned. Dixon will also acquire a stake in Kunshan Q Tech India. These moves aim to reduce reliance on external suppliers. The company seeks long-term margins through tech-led manufacturing.