Dixon Technologies share price: Dixon Technologies Ltd reported a 36 per cent YoY decline in Q4 FY26 profit to Rs 256 crore, while revenue came in at Rs 10,511 crore and EBITDA fell 7.8 per cent to Rs 408 crore with margins at 3.9 per cent; the company also announced a final dividend of Rs 10 per share. The brokerages are bullish on this stock. Here’s why.
The brokerage firm, Motilal Oswal, maintains a buy rating on Dixon Technologies while lowering the target price to Rs 14,600 from Rs 14,700 earlier. Here’s why:
Key risks to estimates and recommendations:
1. Lower-than-expected growth in the market opportunity
2. Loss of relationships with key clients
4. Limited bargaining power with clients
The brokerage firm, Emkay, retains a buy rating on Dixon Technologies and revised the target price downward by around 18 per cent to Rs 12,500 from Rs 15,200. Here’s why:
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
