dixon electronics

Jefferies raised Bharti Airtel's target price to Rs 2,350 on strong Q4FY26 performance, while JP Morgan upgraded Cipla to overweight citing improved earnings visibility and attractive valuations. Morgan Stanley maintained an underweight rating on Dixon Technologies due to revenue and EBITDA misses, and HDFC Securities upgraded Hyundai Motor India to add, noting management's renewed focus on domestic growth and exports.

Morgan Stanley maintained an equal-weight rating on Dr Reddy’s Labs, citing missed Q4FY26 estimates and a slight delay in Semaglutide ramp-up. Kotak Institutional Equities recommended buying Dixon Technologies, driven by strong consumer electronics performance. Citigroup reiterated its buy on Max Financial, highlighting margin improvements and sustained growth. Macquarie rated Berger Paints underperform, despite a constructive outlook.

Brokerages offer mixed views on Indian stocks. Motilal Oswal is bullish on Dixon Technologies, citing government approvals. Macquarie is cautious on United Spirits, noting growth lags. Citigroup recommends HDFC Life despite Q4 challenges. Morgan Stanley maintains an overweight on HDFC AMC, expecting steady AUM growth. Nomura reiterates a buy on Wipro, highlighting deal wins and a significant buyback.

Tata Electronics plans to collaborate with Chinese smartphone companies Xiaomi and Oppo to expand its client base beyond Apple. The partnership aims to bolster Tata's presence in the electronics manufacturing sector. This strategy follows an initial approach to Vivo and a recent joint venture between Vivo and Dixon Technologies to manufacture electronic devices.

Vivo India and Dixon Technologies are forming a joint venture for contract manufacturing electronics, including smartphones. Dixon will hold a 51% stake. The partnership aims to boost local manufacturing and Vivo's presence in India, with the JV handling some of Vivo's OEM orders and potentially those of other brands.

Electronic manufacturing firm Dixon Technologies India has opened its IPO (Initial Public Offering) for subscription today with a price band of Rs 1,760-1,766 per share with a face value of Rs 10 each. The IPO offer will close on September 8.

New Delhi, Sep 4 () Electronic manufacturing firm Dixon Technologies (India) expects to raise Rs 600 crore from its IPO due on September 6 and plans to spend the proceeds on capacity expansion and debt repayment.

New Delhi, Nov 14 () Electronics manufacturer Dixon Technologies today said its consolidated net profit increased 33 per cent to Rs 20.7 crore for the September quarter. This is against a net profit of Rs 15.56 crore in the year-ago period, Dixon Technologies said in a BSE filing.

Electronic goods manufacturer Dixon Technologies has entered into an agreement with Google. The Original Equipment Manufacturer (OEM) has got sub-licensing rights for making LED TV sets on Android and Google TV platforms. Dixox claims that it is the first contract manufacturer in India to get the sub-licensing rights relating to Android and Google TV.

India is open to partnerships between Indian and Chinese companies. This is especially true in the electronics sector. China dominates electronics manufacturing globally. Ties between India and China are easing. Dixon Technologies has approval for a joint venture with Longcheer. Dixon Technologies is also in talks with other Chinese firms.

Consumer electronics manufacturer Dixon Technologies made a strong debut on Indian market exchanges today and opened at Rs 2,725, up 54 per cent over its issue price of Rs 1,766.

Dixon does not release his sets online and hardly anyone hears about what he is up to, but that's the very reason he is a sought-after DJ.

Dixon Technologies, India's largest contract manufacturer for electronics, has secured a major deal with Xiaomi to manufacture smartphones for the company. Dixon's unit, Padget, will become a key supplier for Xiaomi, which currently sources its smartphones from Foxconn India and DBG. Dixon will invest Rs 400 crore to set up a new factory in Noida to fulfill the order.

Several months following the government's endorsement of a revised production-linked incentive (PLI) for IT hardware, Lenovo, the Chinese tech giant, has opted to outsource its laptop and notebook production to RepPadget Electronics. RepPadget Electronics is a subsidiary of Dixon, a prominent domestic contract manufacturing company. Dixon, which recently entered into a contract manufacturing arrangement for smartphones with the Chinese phone leader Xiaomi, asserted that this new agreement would contribute to reinforcing the government's Make in India initiative and provide a boost to local Indian manufacturers.

dixon electronics aims to capitalize on US tariffs and India's manufacturing advantages, positioning itself as a potential Foxconn. Chairman Sunil Vachani highlights India's large workforce, low-cost manufacturing, and government incentives as key strengths. He emphasizes the need for strategic partnerships with established component suppliers to accelerate growth and avoid missing the current opportunity.

Dixon Technologies plans a Rs 1,000 crore investment. The goal is to boost component manufacturing. This includes camera modules and precision enclosures. A joint venture with Chongqing Yuhai is planned. Dixon will also acquire a stake in Kunshan Q Tech India. These moves aim to reduce reliance on external suppliers. The company seeks long-term margins through tech-led manufacturing.

Atul Lall, Managing Director of Dixon Technologies, stated that discussions with global customers, particularly laptop and tablet brands, indicate that they have nearly reached China's manufacturing cost.

If everything goes as per plan, chief minister Y S Jagan Mohan Reddy is likely to inaugurate the prestigious electronic manufacturing cluster (EMC) in Kadapa district in July.