Dixon technology share price

Dixon Technologies (India) Ltd.: Share Price, Stock Analysis, Annual Report | Value Research Dixon Technologies (India) Ltd.: Share Price, Stock Analysis, Annual Report | Value Research https://www.valueresearchonline.com/stocks/189818/dixon-technologies-india-ltd/ Get Dixon Technologies (India) Ltd.'s stock analysis, price valuation, corporate actions, and financials from India's independent mutual fund research house. Business Dixon Technologies (India) Limited provides electronic manufacturing services in India. The company offers consumer electronics, including LED TVs, and AC PCB; home appliances, such as washing machines; lighting products comprising LED bulbs, battens, and down lighters, etc.; mobile phones and EMS which include smart phones, medical electronics, set top boxes, IT products, and telecom products; and security systems that consist of CCTV camera and digital video recorders. It also provides solutions in reverse logistics, such as repair and refurbishment services. Dixon Technologies (India) Limited was incorporated in 1993 and is headquartered in Noida, India.

Shares of Dixon Technologies (India) gained 5 percent intraday on May 31 after the company proposes to partner with Xiaomi India for manufacturing and export of mobile phones. Dixon Technologies (India) proposes to partner with Xiaomi India to carry out manufacturing and export of mobile phones and to also explore enhancing the component ecosystem in India through wholly owned subsidiaries of Dixon, the company said in its release. The proposed association will be formalised, subject to execution of the definitive agreements, it said. "Xiaomi, which has built a strong brand equity over the years in India is known for its high quality and efficiency is reckoned as a strong force in smart mobile phones market in India and people across the nations have strong faith in their products. We are ecstatic and encouraged by the trust they have reposed on Dixon for the proposed association," said Atul B Lall, Vice Chairman and Managing Director of Dixon Technologies (India). "This partnership will leverage Dixon’s manufacturing excellence, superior execution track record and Xiaomi’s expertise and leadership in Indian business ecosystem and it represents a major milestone in Indian Governments “Make in India” initiative," he said. Catch all the market action on our live blog Broking house Sharekhan has maintained 'Hold' rating on the stock with a revised price target of Rs 4,050. The company has reported strong Q4 numbers and provided an optimistic outlook for FY24 without any speci...

Dixon Technologies (India) Ltd. engages in the manufacture and sale of electronic products. The firm offers consumer electronics such as LED television, home appliances such as washing machines and lighting products such as LED bulbs and tube lights, down lighters, and compact fluorescent bulbs and mobile phones. It also provides after sales services. The company was founded by Sunil Vachani and Atul Bihari Lall on January 15, 1993 and is headquartered in Noida, India. According to the DIXON Technology chart, it appears that the 5 waves of the 1 upside have been fully completed. Both the (a) and (b) waves have concluded in a downward direction, while the (c) wave is currently continuing its downward progression. There is hope that it will find support near the 61. According to the DIXON Technology chart, it appears that the 5 waves of the 1 upside have been fully completed. Both the (a) and (b) waves have concluded in a downward direction, while the (c) wave is currently continuing its downward progression. There is hope that it will find support near the 61. For study purposes, the script has overcome the 2nd target zone and now started trading above it. So now if the support holds, it can reach the new target zone. For study purposes, the script has overcome the 2nd target zone and now started trading above it. So now if the support holds, it can reach the new target zone. DIXON Seems to be bouncing from the 2nd accumulation zone above the 1st one. I still weight it as a...

Synopsis "Revenue growth has been below expectation as consumer electronics, lighting and mobile phones key verticals for the company has seen steep decline. We however upgrade the stock to Neutral as the stock has already corrected sharply and strong growth momentum is expected to resume. We roll forward our valuation multiple Multibagger stock Its revenue declined 22% year-on-year (YoY) to Rs 2,405 crore in Q3FY23. However, profit after tax (PAT) during the quarter grew 12% to Rs 52 crore, against Rs 46 crore in Q3FY22. Earnings before interest, taxes, depreciation, and amortization (Ebitda) margin, too, improved 130 basis points (bps) to 4.7% from 3.4%, in a year ago quarter. The management indicated that value engineering, cost optimization and certain price hikes were the main margin drivers. At 12.17 pm, Dixon Technologies was trading 19% lower at Rs 2,697, as compared to 1.4% decline in the BSE Sensex. The stock has also fallen nearly 32% in the last one month, while it has plunged about 40% in the last one year. Should you buy, sell or hold Dixon Technologies stock? Here's what analysts say: "Revenue growth has been below expectation as consumer electronics, lighting and mobile phones key verticals for the company has seen steep decline. We however upgrade the stock to Neutral as the stock has already corrected sharply and strong growth momentum is expected to resume. We roll forward our valuation multiple and now value the company at 40x vs 50x earlier as there co...

STOCK SUMMARY • Face Value (₹) 2.00 • Beta 1.12 • 52-Week Low (₹) 2,553.00 • 52-Week High (₹) 4,670.00 • Price-to-Book (X)* 21.21 • Dividend Yield (%) 0.07 • Price-to-Earnings (P/E) (X)* 106.68 • Earnings Per Share (₹) 42.90 • Sector Price Earning (X)* 69.10 • Market Cap (₹ Cr.)* 27,260.69 • * Vaues as of last close price COMPETITORS • Whirlpool of India ₹1,464.90 -1.70 (0.12%) • Bajaj Electricals ₹1,204.85 -18.05 (-1.48%) • Crompton Greaves Consumer Electricals ₹293.10 5.35 (1.86%) • Blue Star ₹1,525.95 -12.25 (0.80%) • Symphony ₹919.20 5.25 (0.57%) • Havells India ₹1,355.30 -5.65 (0.42%) • Genus Power Infrastructures ₹109.10 1.20 (1.11%) The peers of Dixon Technologies (India) Ltd are Whirlpool of India Ltd, Bajaj Electricals Ltd, Crompton Greaves Consumer Electricals Ltd, Blue Star Ltd, Symphony Ltd, Havells India Ltd, Genus Power Infrastructures Ltd, Amber Enterprises India Ltd, PG Electroplast Ltd, Kaynes Technology India Ltd, TTK Prestige Ltd, IFB Industries Ltd, Voltas Ltd. Dixon Technologies (India) Ltd, incorporated in the year 1993, has its registered office in B-14 & 15 Phase-II, Gautam Buddha Nagar, Noida, Uttar Pradesh, 201305, 91-120-4737200, 91-120-4737263. The main industry in which Dixon Technologies (India) Ltd operates is Electronics - Consumer. Auditor/Auditors for Dixon Technologies (India) Ltd is/are S N Dhawan & Co LLP. In the main management, Atul B Lall is chairman and Ashish Kumar. is the company secretary for Dixon Technologies (India) Ltd. • SV ...