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Business Line

Broker’s Call: Dixon Technologies (Buy)

Motilal Oswal Financial Services

The Economic Times

F&O Radar | Deploy Broken Wings strategy in Dixon Tech to gain from bullish outlook

Dixon Technologies shares are at an all-time high of Rs 13,990 and have shown a pattern of higher highs and higher lows, with increased trading volume. On Monday, the stock broke above its resistance level with substantial volume, indicating potential bullish momentum.

Business Standard

Dividend dash! NMDC, Container Corp, Dixon Tech, 47 others go ex-date today

A dividend is a portion of a company's profit distributed to its shareholders, usually quarterly or annually, as a reward for investing in the company. Here is the full list of stocks that will trade

Business Line

Stock Market Live Updates: Sensex, Nifty open lower as traders await Fed rate decision

Sensex, Nifty, Share Prices LIVE: Indian benchmark indices, Sensex and Nifty, opened slightly lower on Tuesday, with traders displaying caution ahead of the U.S. Federal Reserve’s expected rate cut. In early trade, the Sensex dropped 32.50 points to 82,956.28, and the Nifty fell by 5.85 points to 25,377.90. On Monday, both indices had reached record highs, driven by rising metal stocks fuelled by optimism around the potential rate cut. Prashanth Tapse, Senior VP (Research) at Mehta Equities, highlighted that former New York Fed President William Dudley’s call for a half-point rate cut has heightened expectations for a more aggressive move by the Fed. Tapse expects Nifty to trade between 25,000 and 26,000, with 26,000 acting as key resistance. He also recommended Exide Industries as a buy for the week, while Bajaj Housing Finance soared 136% on debut and Dixon Technologies gained 7% following a key manufacturing deal.

Business Standard

Dixon rallies 6% as unit signs MOU with Asus for manufacturing notebooks

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.

CNBC TV18

Dixon Technologies shares head towards the ₹14,000 mark; Can it split its stock again?

The stock had earlier touched levels of ₹20,000, before the company had carried out a stock split, dividing one share of ₹10 into five shares of ₹2 each in 2021.

Mint

Dividend Stocks: Kirloskar Industries, Mazagon Dock, NALCO among others to trade ex-dividend next week; Full list here

Dividend Stocks: Several companies, including Edelweiss Financial Services, Container Corporation of India, and Dixon Technologies (India), among others, are trading ex-dividend in the coming week.

The Economic Times

Dixon Technologies to manufacture notebooks for Asus under PLI 2.0

Dixon Technologies will manufacture notebooks for Asus under the Production-linked incentive 2.0 scheme. Asus joins HP, Lenovo, and Acer in partnering with Dixon for local laptop production. The agreement is pending definitive agreements and production will occur at a new facility in Chennai with a capacity of 2 million laptops annually.

CNBC TV18

Dixon Technologies arm signs MoU with ASUS to manufacture notebooks

ASUS is the world’s No. 1 motherboard and gaming brand as well as among the top three consumer notebook vendors. Shares of Dixon Technologies (India) Ltd ended at ₹13,022.55, up by ₹175.70, or 1.37%, on the BSE.

Business Standard

Dixon arm enters into MoU with Asus for manufacturing of notebooks

Atul B. Lall, Vice Chairman & Managing Director of Dixon Technologies, expressed, It gives us an immense pleasure to partner with iconic brand Asus for manufacturing of notebooks. We are delighted and encouraged by the trust they have bestowed on Dixon for this collaboration. Asus has established a strong and trusted foothold worldwide, thanks to its advanced technology and we see them as our ideal long-term strategic partner who shares our core values: focus on quality, engineering prowess and customer satisfaction & we intend to leverage each other's strengths to manufacture notebook products.

CNBC TV18

Dixon Technologies gets its highest price target even after a 100% surge this year

Nomura noted that Dixon could capture over 30% of India's mobile industry by FY27, with additional growth expected from exports.

Mint

Kaynes Tech, Cyient DLM, Dixon Tech...Motilal Oswal upbeat on EMS sector, reiterates 'buy' on 6 stocks

Motilal Oswal highlights robust growth in India's EMS sector, predicting a 47% CAGR in revenue by FY26. Despite margin challenges, the industry shows promise with a strong order book and new client onboarding across various sectors.

Mint

Dixon Technologies’ HP deal powers ambitious IT hardware play

Dixon Technologies is betting big on India’s booming IT hardware market, eyeing a 60% share with its latest partnership with HP. While the ambitious revenue target promises growth, can the company overcome the challenges of scaling up without compromising profitability.

CNBC TV18

Top stock picks from Jefferies model India portfolio — From ITC to a 'sell' on Dixon

From ITC to IndiGo, these are some of the top stock picks from Jefferies' Model India portfolio.

CNBC TV18

Dixon Technologies gets CCI nod to acquire stake in Aditya Infotech

"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.

Business Standard

CCI gives nod to Dixon Technologies to acquire stake in Aditya Infotech

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

The Economic Times

Dixon Technologies gets CCI nod to acquire stake in Aditya Infotech

The Competition Commission of India has approved Dixon Technologies' acquisition of a stake in Aditya Infotech Ltd. Dixon will acquire a 6.5% stake in exchange for divesting its 50% stake in their joint venture, AIL Dixon Technologies. The deal aims to streamline operations and enhance market presence.

CNBC TV18

Dixon subsidiary Padget Electronics signs deal with HP India to manufacture PCs

Shares of Dixon Technologies (India) Ltd ended at ₹12,400.00, up by ₹338.65, or 2.81%, on the BSE.

The Economic Times

Dixon signs deal to make laptops, PCs for HP

Dixon Technologies has signed an MoU with HP India to manufacture laptops, desktops, and all-in-one PCs under its subsidiary Padget Electronics. This partnership will operate under the production-linked incentive scheme (PLI 2.0), enhancing HP's portfolio of domestically manufactured products in India, aligning with the Make in India initiative.

The Economic Times

Dixon to make laptops, computers for HP in India at a factory in Tamil Nadu

HP Inc. and Dixon Technologies' Padget Electronics have signed an MoU to manufacture HP laptops, personal computers, and all-in-one systems in Tamil Nadu. The announcement, made by Union Minister Ashwini Vaishnaw, highlights the success of the Production Linked Incentive scheme under the Make in India initiative. The new facility is expected to create approximately 1,500 jobs initially.

Mint

MSCI August rejig today: Indian stock market likely to see $5.5 billion inflows; HDFC Bank shares up on weight increase

Dixon Technologies is set to receive the maximum passive inflows worth $257 million, followed by Vodafone Idea at $254 million, according to estimates by IIFL Alternative Research.

The Economic Times

Dixon plans to partner China's HKC to make display modules

Dixon Technologies, India's largest electronics contract manufacturer, plans to take a 74% stake in a joint venture with China's HKC to manufacture display modules for smartphones, laptops, and tablets. The project, pending government approval, will begin with a ₹250 crore investment. This marks Dixon's second partnership with a Chinese company in recent months.

The Economic Times

Dixon Tech, Amber Enterprises in EMS sector could give 13-19% return. Here’s why

India's electronic manufacturing sector had experienced substantial growth due to government measures like the PLI schemes. Companies such as Dixon Technologies and Amber Enterprises benefited from these initiatives, positioning themselves as key players. Further efforts were required to enhance component manufacturing and self-sufficiency.

The Economic Times

Dixon Technologies among 4 stocks that are near the buy point. Do you own any?

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Mint

MSCI August Review: Vodafone Idea, Dixon Tech among 8 stocks likely to be included; HDFC Bank shares to see weight hike

An estimated ₹25,000 crore worth HDFC Bank shares will likely be bought by passive Foreign Institutional Investors (FIIs) tracking the index by September 2. The positioning will likely start from August 13 itself.

Business Line

Broker’s call: Dixon Tech (Buy)

HDFC Securities

Business Line

Stocks that will see action today: July 9, 2024

Buzzing stocks: VA Tech Wabag, Godrej group cos, Dixon Tech, Jupiter Wagons, Mahanagar Gas, HEC Infra

The Economic Times

F&O stocks to buy today: Dixon, BEL among top 10 trading ideas for 4 July 2024

Exciting market movements anticipated as Nifty future and India VIX show positive trends. Options data indicating a wide trading range. Nifty forms a bullish candle, supported by Chandan Taparia's analysis. Expert insights from Technical & Derivative Research suggest positive market sentiment. Focus on F&O basket with recommendations from Kunal Bothra and Nooresh Merani. Diverse stock picks offer trading opportunities. Insights on cash market from Axis Securities complemented by analysis from ETNow. Expert opinions provide valuable guidance for traders. Daily frame analysis by Rajesh Palviya and Market Expert recommendations offer strategic trading insights for investors.

The Economic Times

Bharat FIH plans factory reset on board, order woes

Foxconn group's Bharat FIH is facing challenges as it loses key directors and considers closing its Sri City facility due to reduced orders from Xiaomi, its main client. The company's dependence on Xiaomi has led to a decline, with industry watchers noting a lack of diversification. Bharat FIH struggles to pivot to other sectors and compete with PLI benefits offered to competitors like Dixon.

The Economic Times

Govt starts taking call on Chinese investments, Indian cos Press (Note) 3

​​Dixon Technologies is preparing to file for Press Note 3 clearance for its proposed joint venture with HKC Corp for manufacturing liquid crystal modules, thin film transistor liquid crystal display modules and assembly of smartphones and televisions. Dixon will own majority shares. Following border tensions, the Indian government began looking askance at investments by Chinese companies in India.

The Economic Times

F&O stocks: PVR INOX, Indiamart Intermesh among 5 stocks with long buildup

Bulls dominate PVR INOX, Indiamart Intermesh, GMR Infra, SAIL, and Dixon Technologies with fresh long positions. Price increases accompanied by open interest rises confirm long buildup signals. Additional checks aid trading decisions, including proximity to 52-week high and bullish crossovers.

Business Line

F&O Query: Should you buy Dixon Technologies futures now?

Rather than buying futures at the current market price of ₹10,170, businessline suggests waiting for its price to moderate to ₹10,050 for better risk-reward ratio.