As India's electronics sector grows, companies like Dixon Technologies are recruiting global talent to fill leadership roles, offering high salaries amid a severe talent shortage
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Dixon Technologies' Mobile and Electronics Manufacturing Services (EMS) division emerged as the primary engine of the company's success during Q3, analysts said.
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Dixon Technologies stock is seen trading below the 100-DMA for the first time since May 2023, after the company reported its Q3 results. The stock had rallied a whopping 532% in the last 20 months.
Dixon Technologies' share price rose after the company's wholly-owned subsidiary, Dixon Electro Manufacturing, entered into a MoU with Cellecor Gadgets for manufacturing of Refrigerators
According to sources privy to the deal, Dixon has a capacity to make 40 million smart phones per annum and it is assembling around 30 million phones this year
Dixon Technologies' share price surged following the announcement of a binding term sheet with Vivo India on December 15, 2024, to establish a joint venture in India
Stocks to watch on Monday, December 16, 2024: Dixon Technologies signs a binding term sheet with Vivo India for a proposed joint venture
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Brokerages positive on stock; company expected to emerge as major player in India's smartphone manufacturing by FY27
Dixon Technologies stock had opened at a record high of Rs 15,999.95.
In Q2FY25, Dixon Technologies; revenue may rise 91 per cent Y-o-Y on robust growth in mobiles & new acquisition, according to analysts at Elara Capital
In the past one year, Dixon Tech has zoomed 182 per cent, compared to the nearly 23 per cent surge in the BSE Sensex during the same period.
Dixon targets Rs 48,000 crore in revenue from IT hardware under the PLI scheme over the next six years
Fair trade regulator CCI on Tuesday granted its approval to Dixon Technologies' proposal to acquire a stake in Aditya Infotech Ltd. Dixon Technologies (India) Ltd is involved in the business of providing Electronic Manufacturing Services (EMS). It provides EMS for lighting solutions, television, washing machines, security systems, wearables and hearables, among others. The regulator also cleared the acquisition of a stake in AIL Dixon Technologies by Aditya Infotech Ltd (AIL). "Commission approves the subscription of certain shares of Aditya Infotech Ltd (AIL) by Dixon Technologies (India) Ltd and the acquisition of certain shares of AIL Dixon Technologies Pvt Ltd by AIL," CCI said in a post on X. AIL Dixon Technologies is a joint venture (JV) company between AIL and Dixon Technologies India. It is engaged in manufacturing and assembling of ESS. During FY24, the JV recorded a revenue of Rs 632.62 crore. Aditya Infotech is engaged in the business of sourcing, distributing and marke
Dixon Technologies arm inks MoU with HP India; Kotak recommended 'Sell'
UBS Principal Capital Asia offloaded 6,86,064 shares at an average price of Rs 13,178.47 per share on Friday. The stake in Dixon Technologies was worth Rs 904.12 crore
Analysts at Nuvama expect an inflow of $281 million in Dixon Technologies as a result, followed by Vodafone Idea at $278 million
SRF has given trend line breakout on daily chart and holding well above the same.