News

Xiaomi partners with Dixon Technologies to make mobile phones in India  Dixon Technologies (India) Ltd is partnering with Xiaomi Corp's Indian arm to make and export mobile phones from the country, the contract manufacturer said on Wednesday. The news, which boosted Dixon's shares by 4%, comes after Xiaomi India revealed plans to start making wireless audio products in the country by partnering with electronics manufacturer Optiemus.   (Reporting by Navamya Ganesh Acharya in Bengaluru; Editing by Savio D'Souza)
Xiaomi partners with Dixon Technologies to make mobile phones in India
Xiaomi partners with Dixon Technologies to make mobile phones in India
Source: Reuters
31/05/2023 11:35:05 AM
Dixon Technologies inches up on reporting 28% rise in Q4 consolidated net profit Dixon Technologies (India) is currently trading at Rs. 3517.00, up by 3.05 points or 0.09% from its previous closing of Rs. 3513.95 on the BSE. The scrip opened at Rs. 3514.00 and has touched a high and low of Rs. 3558.55 and Rs. 3478.40 respectively. So far 5261 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4670.00 on 13-Sep-2022 and a 52 week low of Rs. 2554.95 on 30-Jan-2023. Last one week high and low of t...
Dixon Technologies inches up on reporting 28% rise in Q4 consolidated net profit
Dixon Technologies inches up on reporting 28% rise in Q4 consolidated net profit
Source: Accord Fintech
25/05/2023 9:50:59 AM
ELCINA hosted its `3rd Electronics Supply Chain Summit` ELCINA organised its 3rd Electronics Supply Chain Summit successfully on Friday, 28th April, 2023 at Radisson Hotel, Sector-18, Noida  on the theme of "Road to Atmanirbhar Bharat in Electronics Manufacturing" and received an overwhelming response. The objective of this event is to strengthen local sourcing and value addition, covering among others, mobile/mobile accessories, consumer electronics, CCTV Camera & Security Products, Telecom & Peripherals, Semiconductor Comp...
ELCINA hosted its `3rd Electronics Supply Chain Summit`
ELCINA hosted its `3rd Electronics Supply Chain Summit`
Source: PR Agency
2/05/2023 12:56:04 PM
Arzooo to launch consumer durables products, partners with Dixon and others  India’s leading consumer durable marketplace Arzooo is foraying into the consumer durables category with focus on building a smart range of home appliances. These next generation products will come with new age technology, superior quality and designs. Congruous with the new business proposition, Arzooo has partnered with prominent players in electronic manufacturing - Dixon, Amber Group and more. Given Arzooo’s formidable position in the consumer electronics retail ecosy...
Arzooo to launch consumer durables products, partners with Dixon and others
Arzooo to launch consumer durables products, partners with Dixon and others
Source: PR Agency
11/03/2023 5:20:44 PM
Dixon Technologies gains on executing agreement with Google Dixon Technologies (India) is currently trading at Rs. 4153.10, up by 46.45 points or 1.13% from its previous closing of Rs. 4106.65 on the BSE. The scrip opened at Rs. 4106.00 and has touched a high and low of Rs. 4165.75 and Rs. 4067.90 respectively. So far 7431 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 6240.00 on 19-Oct-2021 and a 52 week low of Rs. 3185.05 on 16-May-2022. Last one week high and low of ...
Dixon Technologies gains on executing agreement with Google
Dixon Technologies gains on executing agreement with Google
Source: Accord Fintech
5/09/2022 12:09:20 PM
Dixon Technologies Q1 net profit zooms 115.37% at Rs 39.24 cr The company reported standalone net profit of Rs 39.24 crore for the quarter ended June 30, 2022 as compared to Rs 18.22 crore in the same period last year, registering a year-on-year growth of 115.37 per cent. Net revenue of the company declined marginally by 1.77 per cent at Rs 1,503.88 crore in April-June quarter of this fiscal as against Rs 1,530.96 crore in the corresponding period last year. During April-June quarter, operating expenses dropped by 3.68 per cent to Rs 1,434.19 crore f...
Dixon Technologies Q1 net profit zooms 115.37% at Rs 39.24 cr
Dixon Technologies Q1 net profit zooms 115.37% at Rs 39.24 cr
Source: Dion Global Solutions Ltd
28/07/2022 9:22:46 AM
Dixon Technologies inches up on entering into JV agreement with Imagine Marketing Dixon Technologies (India) is currently trading at Rs. 5390.05, up by 3.80 points or 0.07% from its previous closing of Rs. 5386.25 on the BSE. The scrip opened at Rs. 5410.00 and has touched a high and low of Rs. 5439.80 and Rs. 5325.00 respectively. So far 3838 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 6240.00 on 19-Oct-2021 and a 52 week low of Rs. 2689.63 on 22-Jan-2021. Last one week high and low of t...
Dixon Technologies inches up on entering into JV agreement with Imagine Marketing
Dixon Technologies inches up on entering into JV agreement with Imagine Marketing
Source: Accord Fintech
18/01/2022 11:54:37 AM
Buy Dixon Technologies India Ltd For Target Rs.5,200 - ICICI Securities Strong customer acquisitions across segments Takeaways from Q2FY22: (1) Dixon reported strong growth across segments. Commencement of mobile contracts, healthy growth in consumer electronics and price hikes were primary reasons for higher growth, (2) Due to unfavorable revenue mix, gross and EBITDA margin declined 290bps and 153bps YoY, respectively. The input price inflation continues to remain high and (3) It continued to add new customers in across segments. To meet capacity requirement...
Buy Dixon Technologies India Ltd For Target Rs.5,200 - ICICI Securities
Buy Dixon Technologies India Ltd For Target Rs.5,200 - ICICI Securities
Source: ICICI Securities
3/12/2021 9:32:44 AM
Hold Dixon Technologies (India) Ltd For Target Rs.4,750 - Emkay Global Upbeat on growth in H2FY22 * Q2 revenue beat estimates by 7%, led by Consumer Electronics, Lighting and Home Appliances. EBITDA was Rs1.1bn, 11% above estimate, with the major beat coming from Lighting and Home Appliances. Commodity inflation restricted ODM business margins. * In Consumer Electronics, component shortages constrained volumes, while in Lighting, adequate raw material inventory led to strong growth. RM inflation in Home Appliances has been passed on to the customers, while...
Hold Dixon Technologies (India) Ltd For Target Rs.4,750 - Emkay Global
Hold Dixon Technologies (India) Ltd For Target Rs.4,750 - Emkay Global
Source: Emkay Global Financial Services Ltd
25/11/2021 11:08:21 AM
Dixon Technologies (India) Ltd : Growth outlook keeps getting better despite some margin headwinds; maintain ADD - Yes Securities Add Dixon Technologies (India) Ltd For Target Rs.5,411 Growth outlook keeps getting better despite some margin headwinds; maintain ADD Our view Revenue growth has been healthy across various product segments on the back of a growing order book and new customer addition. Q2 has seen a ramp‐up in execution. Dixon is expected to resume its strong growth momentum from Q3 onwards as 1) Order book continues to remain healthy; 2) New capacities have been set up across multiple product categ...
Dixon Technologies (India) Ltd : Growth outlook keeps getting better despite some margin headwinds; maintain ADD - Yes Securities
Dixon Technologies (India) Ltd : Growth outlook keeps getting better despite some margin headwinds; maintain ADD - Yes Securities
Source: Yes Securities Ltd
5/11/2021 11:50:37 AM
Dixon Technologies surges as its arm enters into agreement to manufacture smartphones Dixon Technologies (India) is currently trading at Rs. 5772.55, up by 18.95 points or 0.33% from its previous closing of Rs. 5753.60 on the BSE. The scrip opened at Rs. 5834.00 and has touched a high and low of Rs. 5880.00 and Rs. 5615.50 respectively. So far 24699 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5,880.00 on 19-Oct-2021 and a 52 week low of Rs. 1801.00 on 29-Oct-2020. Last one week high and low o...
Dixon Technologies surges as its arm enters into agreement to manufacture smartphones
Dixon Technologies surges as its arm enters into agreement to manufacture smartphones
Source: Accord Fintech
19/10/2021 11:21:07 AM
Dixon Technologies gains on starting manufacturing of 5G millimetre waves smartphones Dixon Technologies (India) is currently trading at Rs. 5665.00, up by 150.10 points or 2.72% from its previous closing of Rs. 5514.90 on the BSE.   The scrip opened at Rs. 5635.00 and has touched a high and low of Rs. 5697.60 and Rs. 5627.70 respectively. So far 2092 shares were traded on the counter.   The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5648.80 on 14-Oct-2021 and a 52 week low of Rs. 1740.89 on 16-Oct-2020.   Last one we...
Dixon Technologies gains on starting manufacturing of 5G millimetre waves smartphones
Dixon Technologies gains on starting manufacturing of 5G millimetre waves smartphones
Source: Accord Fintech
18/10/2021 9:49:02 AM
Hold Dixon Technologies (India) Ltd For Target Rs. 4,000 - ARETE Securities Revenue rose nearly 3x YoY to INR 18673mn, albeit on a lower base due to nationwide lockdown corresponding quarter last year, led by 264% increase in LED TV revenue. Gross margins dropped 460bps to 7.4% driven by steep increase in input costs that could not be passed on fully in Lighting & Home appliances business verticals that essentially work on ODM basis. Fall in gross margins percolated down to EBITDA level driving margins to 2.6%, down 70bps. However, on an absolute basis, EBITDA ne...
Hold Dixon Technologies (India) Ltd For Target Rs. 4,000 - ARETE Securities
Hold Dixon Technologies (India) Ltd For Target Rs. 4,000 - ARETE Securities
Source: ARETE Securities
2/08/2021 10:52:32 AM
Hold Dixon technologies Ltd For Target Rs. 4,500 - Emkay Global Positives priced in; downgrade to Hold * Despite Covid-related disruptions, TV revenues performed well in Q1, with an 11% qoq rise. Revenue and margin for Lighting and Washing machine categories were adversely impacted. EBITDA beat was driven by lower other opex/ employee expense. * Gross margin contracted by 273bps qoq, which can be attributable to lower cost absorption and commodity headwinds in ODM-focused business segments, where entire impact of commodity inflation was not passed-o...
Hold Dixon technologies Ltd For Target Rs. 4,500 - Emkay Global
Hold Dixon technologies Ltd For Target Rs. 4,500 - Emkay Global
Source: Emkay Global Financial Services
29/07/2021 11:29:11 AM
Add Dixon Technologies Ltd For Target Rs. 4752 - Yes Securities New growth levers building up but valuation remains stretched; maintain ADD Our view 1Q saw execution challenges on account of the pandemic impacting demand for various product segments. Dixon also had to face supply chain issues which resulted in lower than expected production volumes. Gross margins were impacted as there has been lag in passing on increased commodity prices. Dixon is expected to return to its strong growth momentum as 1) Order book continues to remain healthy; 2) New ...
Add Dixon Technologies Ltd For Target Rs. 4752 - Yes Securities
Add Dixon Technologies Ltd For Target Rs. 4752 - Yes Securities
Source: Yes Securities
28/07/2021 11:40:18 AM
Quote on Dixon Technologies (India) Ltd 1QFY22 Result Update By Mr. Amarjeet Maurya, Angel Broking Ltd Below is quote on Dixon Technologies (India) Ltd 1QFY22 Result Update by Mr. Amarjeet Maurya, AVP - Mid Caps, Angel Broking Ltd During the 1QFY22, Dixon Technologies (India) Ltd (DTIL) reported consolidated revenue of ~Rs1,867cr (up ~268% YoY) mainly due to healthy volume growth and improvement in realisation. EBITDA increased by ~184% YoY to Rs48cr, while EBITDA margin contracted by 70bps YoY to 2.6% due to higher cost. On the bottom-line front, the company has reporte...
Quote on Dixon Technologies (India) Ltd 1QFY22 Result Update By Mr. Amarjeet Maurya, Angel Broking Ltd
Quote on Dixon Technologies (India) Ltd 1QFY22 Result Update By Mr. Amarjeet Maurya, Angel Broking Ltd
Source: Angel Broking Ltd
27/07/2021 3:03:42 PM
Dell, Foxconn, Dixon selected under PLI for making IT hardware The Electronics and IT Ministry has selected 14 applicants under the Production-Linked Incentive (PLI) scheme for IT hardware manufacturing in the country. The major international players selected under the incentive scheme are Dell, Wistron, Rising Stars Hi-Tech (Foxconn) and Flextronics. The domestic companies selected under the scheme are Lava International Ltd, Dixon Technologies (India) Ltd, Infopower Technologies (JV of Sahasra and MiTAC), Bhagwati (Micromax) Neolync, Optiemus, Ne...
Dell, Foxconn, Dixon selected under PLI for making IT hardware
Dell, Foxconn, Dixon selected under PLI for making IT hardware
Source: IANS
2/07/2021 12:08:30 PM
Buy Dixon Technologies (India) Ltd For Target Rs. 4,635 - ICICI Direct Long term growth outlook remains intact Dixon witnessed strong revenue, PAT growth of 47%, 33%, respectively, in FY21 despite loss of sales in Q1. The strong growth came on the back of customer additions in consumer electronics and mobile & EMS segments in FY21. The company has outlined a capex of | 200 crore in FY22 for a brownfield expansion in TVs, washing machines, mobile phones and to start a new manufacturing unit for direct cool refrigerators. Dixon has also applied for PLI sche...
Buy Dixon Technologies (India) Ltd For Target Rs. 4,635 - ICICI Direct
Buy Dixon Technologies (India) Ltd For Target Rs. 4,635 - ICICI Direct
Source: ICICI Direct
28/06/2021 9:53:25 AM
Weekly Tech Picks - United Spirits Ltd, Chambal Fertilizers & Chemicals Ltd, Dixon Technologies (India) Ltd, Asian Paints Ltd - Axis Securities United Spirits Limited * On the weekly chart, the stock has witnessed “Consolidation Range” (500- 650) breakout indicating resumption of earlier up move * On the weekly chart, the stock continue to trend higher forming a series of higher Tops and higher Bottoms formation * Stock is well placed above its 20, 50 and 100 Day SMA which supports bullish sentiments * The daily and weekly strength indicator RSI is in bullish mode which supports rising strength as well as mome...
Weekly Tech Picks - United Spirits Ltd, Chambal Fertilizers & Chemicals Ltd, Dixon Technologies (India) Ltd, Asian Paints Ltd - Axis Securities
Weekly Tech Picks - United Spirits Ltd, Chambal Fertilizers & Chemicals Ltd, Dixon Technologies (India) Ltd, Asian Paints Ltd - Axis Securities
Source: Axis Securities Ltd
21/06/2021 9:27:27 AM
Trilogy for the month : Astec LifeSciences Ltd, Dixon Technologies India Ltd, Adani Ports and Special Economic Zone Ltd By LKP Securities ASTEC LIFESCIENCES LTD * Stock has given breakout previously and now its retesting the breakout zone. * Strong volume activity was witnessed at the time of breakout and now also good volume is seen. * Both momentum indicator RSI & MACD are ranging in positive territory. Buy Astec LifeSciences Ltd @ 1423-1430 CMP 1423 1 MONTH TARGET 1600 SL 1330 CB   DIXON TECHNOLOGIES INDIA LTD * Stock has given breakout from ...
Trilogy for the month : Astec LifeSciences Ltd, Dixon Technologies India Ltd, Adani Ports and Special Economic Zone Ltd By LKP Securities
Trilogy for the month : Astec LifeSciences Ltd, Dixon Technologies India Ltd, Adani Ports and Special Economic Zone Ltd By LKP Securities
Source: LKP Securities Ltd
2/06/2021 10:05:21 AM
Dixon Technologies to set up unit in Karnataka: Deputy CM Noida-based leading manufacturer of laptop, tab and other consumer electronic goods - Dixon Technologies (India) Limited - has come forward to set up a manufacturing plant in Karnataka, Deputy Chief Minister C. N. Ashwatha Narayana said here on Thursday. Dixon Technologies (India) Ltd is an Indian electronics manufacturing services company and it is a contract manufacturer of televisions, washing machines, smartphones, LED bulbs, battens, downlighters and CCTV security systems for several ...
Dixon Technologies to set up unit in Karnataka: Deputy CM
Dixon Technologies to set up unit in Karnataka: Deputy CM
Source: IANS
26/02/2021 11:04:08 AM