Archive · 23 Jul 2025
Dixon Tech Stock: Mixed Signals Amid Strong Earnings
Dixon Technologies, a company that makes electronics, had a great year with profits and sales going way up.
Even though the company is doing well, its stock price hasn't gone up much lately, which has some investors wondering if they should invest.
Some experts think the stock will go up in value, because of how well they're doing in making phones, while others are not as positive, thinking most of the good news is already considered.
The company's future looks promising due to high mobile volumes and they're planning to expand.
Dixon Technologies' stock has shown zero returns since announcing Q4 earnings.
The company's profit rose significantly in both the June 2023 and March 2024 quarters.
Motilal Oswal has a BUY rating and a target price of Rs 22,100, citing strong mobile segment growth.
Elara Securities upgraded Dixon to Accumulate with a target price of Rs 17,000.
YES Securities has a reduce call, citing that the positives are priced in, with a target price of Rs 15,831.
- Who
- Dixon Technologies, Motilal Oswal, Elara Securities, and YES Securities.
- What
- Dixon Technologies' stock performance and financial results are analyzed by brokerages.
- When
- The article covers performance from March 2024 quarter earnings, with projections through FY25-FY28.
- Where
- India
- Why
- To provide insight into the stock's performance and future potential.
- Stock Price (May 19, 2024)
- Rs 16,578
- Stock Price (Current Session)
- Rs 16,534
- Q1 2025 Profit (YoY)
- Rs 280 crore (100% rise)
- Q1 2025 Revenue (YoY)
- Rs 12,838 crore (95% rise)
- Q4 2024 PAT (YoY)
- Rs 401 crore (322% rise)
- Motilal Oswal Target Price
- Rs 22,100
- Elara Securities Target Price
- Rs 17,000
- YES Securities Target Price
- Rs 15,831