Dixon Tech stock slips 2% despite HSBC's 'buy' on robust prospectsMoneycontrol • 4 days ago
On April 8, the company signed a share-purchase agreement with Ismartu, a Noida-based company that makes, assembles, sells, distributes, imports and exports mobile phones and other electronics.
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Valuations are expensive and its target price already factors in the Dixon's electronics manufacturing services segment (EMS), components and exports, the brokerage has said in a note
The investments will be made to expand production capacity with Dixon Technologies, the company's domestic contract manufacturing partner, Prashant Mani, executive director of Asia Pacific, Motorola, has said
Around 70% of stocks in Nifty MidCap 100 and Nifty SmallCap 100 indices witnessed a rise in mutual fund stakes in December 2023 quarter, according to Ace Equities data.
Outlay hiked and MEITY gets more funds for allocation to PLI scheme
The Bank Nifty index, a major heavyweight, still lacks conviction, and its participation is crucial to strengthen momentum in the coming week.