The brokerage's analysis of its universe of stocks revealed that after a prolonged period of earnings cuts, companies are beginning to report earnings upgrades.
Dixon Technologies has plunged 32 per cent from its calendar year high, while ITC Hotels stock has shed nearly 27 per cent, shows technical charts.
Kaynes Tech stock has recently taken a hit following concerns around the company's accounting disclosures, which made market participants nervous
Nomura expects Indian markets to trade in the range of 20-22x one-year forward earnings, assuming risk premia remain low.
Nuvama analysts have marginally lowered Dixon Technologies' December 2026 target price to ₹16,600 from ₹16,800, valuing the stock at 65x estimated December 2027 EPS
Stocks to watch on October 20: Dixon Tech, PNB and IndusInd Bank are among tother top stocks to track today.
Electronics manufacturing services firm Dixon Technologies has posted an 81 per cent jump in consolidated net profit to Rs 745.7 crore in the second quarter ended September 30, 2025, according to an exchange filing. The company had reported a net profit of Rs 411.7 crore in the same period a year ago. The revenue from operations of the company grew by 28.7 per cent to Rs 14,855 crore during the reported quarter from Rs 11,534 crore in the September 2024 quarter. The mobile devices manufacturing division of the company contributed 90 per cent of revenue during the reported quarter, while 6 per cent came from the consumer electronics and appliances division. The Nomination and Remuneration Committee of the company has approved the grant of 7,000 number of stock options to the employees of the Company, its Subsidiary company(ies) and Joint Venture Company(ies) from time to time in one or more tranches.
Around 7:20 AM, GIFT Nifty futures were down 41.6 points at 25,614.5, indicating a negative start.
Amber and Syrma are primarily targeting printed circuit board (PCB) manufacturing, while Dixon is focused on backward integration in mobile value chains, specifically camera and display modules.
Ashok Leyland, Dixon Technologies and NMDC are among the top stock picks by Rajesh Bhosale of Angel One
The Dixon Technologies-HKC Overseas joint venture (JV) is for manufacturing and selling of LCD and TFT-LCD modules that are used in electronic devices like TV, mobile phones, etc, for display
Domestic electronics contract manufacturer Dixon Technologies has formed a Rs 370 crore joint venture for display modules manufacturing with Chinese company HKC Overseas. The Dixon Technologies-HKC Overseas joint venture is for manufacturing and selling of LCD and TFT-LCD modules that are used in electronic devices like TV, mobile phones etc for display, a regulatory filing said on Saturday. "Dixon Technologies (India) Ltd has entered into a Term Sheet with HKC Corporation Ltd to form a joint venture for manufacturing of Liquid Crystal Modules, thin film transistor liquid crystal display modules, assembly of end products such as smartphones, TVs, monitors and auto displays and selling HKC branded end products in India," the filing said. HKC Overseas Ltd will acquire 26 per cent stake in Dixon Display Technologies Pvt Ltd (DDTPL) for USD 10.998 million, about Rs 95.5 crore and Dixon will acquire 74 per cent stake in the JV for USD 31.3 million, about Rs 274 crore in two tranches. "T
Technical charts show that Dixon Technologies, Kirloskar Oil Engines, Metropolis Healthcare and RHI Magnesita have witnessed a 'Golden Crossover', hence are likely to see upside in the near-term.
The company's strategy includes deeper relationships with existing clients and looking for backward integration
Stocks to Watch today, July 23, 2025: Paytm, Dixon Tech, Dalmia Bharat are some of the top stocks to watch today
Factoring in the strong outlook, Motilal Oswal raised its FY27 estimates by 10 per cent and maintained a 'Buy' rating with a revised target price of ₹22,100 based on DCF valuation.
The note states that any investment or transfer of ownership from countries sharing a land border with India
Nomura believes Dixon Technologies' latest move to acquire a 51 per cent stake in Q-Tech's India unit is strategically sound and earnings accretive.
The partnership aims at boosting manufacturing, sale and distribution of camera and fingerprint modules for mobile handsets, internet of things systems, and automotive applications
JPMorgan initiated coverage on six EMS stocks, rating Syrma, Dixon, and Kaynes 'Overweight', Amber and Cyient DLM 'Neutral', and Avalon 'Underweight'