Page 2 - Dixon Technologies

Dixon Technologies set to manufacture Google Pixel 8 smartphones in India

Local contract manufacturer Dixon Technologies said the initial batch of Indian-made devices will be available in the market by September, as trial production has recently started

Dixon Technologies: Q4FY24 performance disappoints, valuation rich

The 5G rollout is opening demand for new devices. Scaling up in home appliances and laptops should also drive revenues

Nifty Midcap index at new high; Dixon, Endurance, JSW Infra soar up to 14%

In the past six trading days, the index has outperformed by surging 5.4 per cent, as compared to 2.4 per cent rise in the Nifty 50.

Dixon Technologies stock up 176% in one year; check reasons here

Dixon Technologies' Q4 profit surged 24.7 per cent to Rs 98.5 crore

HP India in talks with Dixon Technologies, VVDN for laptop assembly

VVDN has already partnered with Hewlett Packard Enterprise (HPE) to assemble servers for the US company at its Manesar plant in Haryana

Dixon Technologies Q3 results: Profit rises 86% on electronics boom

Dixon's consolidated profit climbed to 964.4 million rupees ($11.62 million) for the three months ended Dec. 31 from 519.1 million rupees a year earlier, according to an exchange filing

Here's how govt's PLI scheme is fuelling Dixon Technologies' global dreams

The pace of activity will only increase. Last week Dixon won a similar contract from Lenovo, the Chinese personal computer maker and the third largest information technology hardware brand in India

The India Story 2023: Progress, challenges & revamps under 'Make in India'

In the second part of the year-end series, we deep dive into a scheme redefining India's manufacturing landscape

LIC sells 2% stake in Dixon Technologies; shareholding drops to 3%

Dixon Technologies India Limited reported a 2% decrease in holding from 5.012% to 3% during the period from April 20, 2022 to December 15, 2023 at an average cost of Rs 5877.65

Motorola working to double its exports with focus on North American market

Motorola exported more than 1 million units of smartphones from India in 2022. These were manufactured locally by the contract manufacturer, Dixon Technologies

Dixon surges 13% in 2 days; hits new high on winning contract from Lenovo

The company's wholly-owned subsidiary, Padget Electronics, has won a contract from Lenovo to manufacture laptops and notebooks under the Production-Linked Incentive (PLI) 2.0 Scheme

China play in PLI 2.0: Dixon wins deal to make laptops for Lenovo

Dixon, a player in the electronics manufacturing services space, has won the contract through Padget Electronics, a fully-owned subsidiary

Wired for growth: Strong outlook fuels EMS players' success circuit

The sector saw a dual dynamic in Q2 - revenue growth acted as a current of strength, yet profit margins faced resistance

Stock of this EMS player hit 52-week high today; stock up 41% in 6 months

Shares of Dixon Technologies sprinted 9.5 per cent and hit a fresh 52-week high of Rs 6,034.75 apiece on the BSE

Electronics maker services firm Dixon expects Rs 19k cr revenue this fiscal

Electronics manufacturing services firm Dixon Technologies expects to close the current fiscal with a revenue of around Rs 19,000 crore, a senior company official said on Thursday. Dixon Technologies vice chairman and managing director Atul Lall said the company has plans to double its headcount over the next two years. "In a short period of just 5-6 years, we have grown from Rs 1,500 crore, and this year, we should close at around Rs 19,000 crore. We have grown from 1,700 people to 27,000 people, and let me assure you that this is going to double in 2 years," Lall said. He was speaking at the inaugural ceremony of Dixon Technologies' fourth mobile manufacturing plant set-up under its wholly-owned subsidiary Padget Electronics. The plant was inaugurated by Union Minister for Electronics and IT Aswhini Vaishnaw. The plant is spread over an area of around 2.7 lakh square feet at an investment of Rs 256 crore. It will make smartphones for the Chinese company Xiaomi. It has an annual

Mobile phone PLI has created 500k incremental jobs: Ashwini Vaishnaw

As many as 5,000 people will work to manufacture smartphones and feature phones at a large scale in the new unit, Vaishnaw said

Stocks to Watch: L&T, Bharti Airtel, SBI Card, Dixon, Cipla, Bajaj Finance

Stocks to watch on November 20, 2023: SBI Card said that its capital adequacy ratio is expected to decline by 4 per cent due to the RBI's latest move on tightening consumer loan norms

PLI scheme 2.0: Dixon Technologies commits output worth Rs 45K crore

Company also in talks with Lenovo to be their contract manufacturer

Dixon Technologies Q2 results: Net profit rises 47% to Rs 113.36 cr

Dixon Technologies (India) Ltd on Thursday reported a 47 per cent rise in consolidated net profit to Rs 113.36 crore for the second quarter ended on September 2023. The company had posted a net profit of Rs 77.12 crore for the July-September period a year ago, according to a regulatory filing by the electronic manufacturing services firm. Its revenue from operations 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 increased 50.52 per cent to Rs 4,797.83 crore. Its total income in the quarter under review was at Rs 4,943.90 crore. Dixon's revenue from Consumer Electronics fell 4 per cent to Rs 1,440 crore in Q2FY24. Similarly, revenue from Lighting Products declined 38 per cent to Rs 181 crore. Revenue from Home appliances was flat at Rs 364 crore. However, its revenue from the Mobile & EMS Division jumped 77 per cent to Rs 2,819 crore in the September quarter. Shares of Dixon ...

Valuation hurdle, competition may cap upside for Dixon Technologies

Company leads India's electronic manufacturing services and has improved revenue by 32% in the last decade