Archive · 10 Jan 2026
Dixon Technologies: Brokerages See Upside Potential Amid Challenges
Dixon Technologies is a company that makes electronics like smartphones.
Recently, its stock price has gone down a lot, almost 30% in the last year.
Some experts, like JM Financial and Nomura, still think it's a good time to buy the stock.
They say the stock is cheaper now, but there are some problems like waiting for government approvals and higher costs for parts.
These experts think the company will do better in the future, especially when it starts working with a company called Vivo and gets new customers.
JM Financial thinks the stock could go up by about 14.5%, and Nomura thinks it could go up by as much as 36%.
Dixon Technologies stock has fallen nearly 30% in the last year.
Brokerages JM Financial and Nomura maintain positive outlooks despite near-term challenges.
Key concerns include delays in government approvals, rising memory prices, and weak Q3 performance.
JM Financial sees a 14.5% upside potential with a target price of Rs 13,800.
Nomura sees a 36% upside potential with a target price of Rs 16,598.
- Who
- Dixon Technologies, JM Financial, Nomura
- What
- Brokerages maintain positive outlook on Dixon Technologies despite near-term challenges
- When
- Not explicitly stated
- Where
- India
- Why
- Potential recovery drivers and valuation comfort
- Current Stock Price
- Not explicitly stated
- JM Financial Target Price
- Rs 13,800
- Nomura Target Price
- Rs 16,598
- JM Financial Upside Potential
- 14.5%
- Nomura Upside Potential
- 36%
- Key Concerns
- Government approvals, memory prices, weak Q3
- Potential Recovery Drivers
- Vivo JV, new customers