The Dixon-Longcheer joint venture will manufacture smartphones, smartwatches, AI PCs and more; Dixon will hold a 74 per cent stake, while Longcheer will own the remaining 26 per cent
The company's strategy includes deeper relationships with existing clients and looking for backward integration
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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.
Dixon is transitioning from being predominantly domestic assembler - smartphone assembly accounted for 89 per cent of its revenue as of Q3 FY25 - to becoming a deeper player in electronics value chain
Sensex today | Stock market close highlights on Tuesday, July 22, 2025: In the broader markets, the Nifty MidCap index slipped 0.61 per cent and the Nifty SmallCap index 0.34 per cent
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'
At 10:12 AM, shares of Dixon Technologies were trading at ₹15,750, up by 1.79 per cent on the National Stock Exchange.
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Dixon Technologies' share price came under pressure today after global brokerage Morgan Stanley downgraded the stock to 'Underweight,' even as it raised the target price to ₹11,563 per share.
Dixon Technologies share price slipped 3 per cent after Phillip Capital raised increased competition from Karbonn
Sunil Vachani offloads 1.67 million Dixon shares via open market; promoter stake dips to 2.57% as Motilal Oswal Mutual Fund increases holding and company posts strong Q4 results
Goldman Sachs retained its 'Buy' ratings on Crompton Greaves Consumer Electricals, Havells, and KEI Industries, citing stronger fundamentals and growth visibility.
NxtCell partners with Dixon's Padget Electronics to locally manufacture Alcatel smartphones; $30 milllion committed for brand relaunch, annual capacity to produce 1.2 million units
Electronics manufacturing services company Dixon Technologies has entered into a joint venture agreement with Taiwanese IT hardware giant Inventec Corporation for manufacturing personal computers, components and servers in India. The joint venture, Dixon IT Devices Private Limited, will focus on manufacturing notebook PC products, desktop PC products, including components, and servers within India, according to a regulatory filing. "Dixon Technologies (India) Limited (Company) has on 30 April 2025 entered into a Joint Venture Agreement with Inventec Corporation and Dixon IT Devices Private Limited, (JV Company), a wholly owned subsidiary of the Company (JV Agreement) for governing inter-se relationship of the Company and Inventec Corporation in respect of operation and management of the JV Company," the filing said. Under the terms of the agreement, Dixon Technologies will hold a 60 per cent stake in the joint venture, while Inventec Corporation will own the remaining 40 per cent.
The new JV will set up a separate plant in Kancheepuram, Tamil Nadu, with an annual capacity of 2 million laptops and notebooks
Dixon Technologies, Waaree Energies, Data Patterns (India), Godfrey Phillips, Devyani International, and KFin Technologies are some of the counters that have gained over 20 per cent during this period
Electronics manufacturing services company Dixon Technologies will foray into the electronics component manufacturing space and use them for captive requirements before looking at exports, a senior company official said. According to sources, Tata Electronics is likely to invest Rs 2,000 crore for electronics components manufacturing under the Rs 23,000 crore incentive scheme launched by the government. Tata Electronics declined to comment on the query sent in this regard. Talking about the electronics component manufacturing scheme (ECMS) Dixon CEO Atul Lal said electronics component is the next phase of growth for the company. "We have already rolled out a project for display modules. We are evaluating various other component categories like camera modules, mechanical enclosures and also lithium ion batteries. So we are seriously evaluating and we will be deeply participating in ECMS," Lal said. He said initially the components will be produced for captive usage and will be expa