This high growth stock in a growing sector is ripe for a stock split.
4 min read27 Jan 2025The Nifty 50 and BSE Sensex closed higher, supported by IT and cement sectors, while broader markets recovered from recent selling pressure. Shares of Ultratech Cement soared nearly 7%.
2 min read23 Jan 2025Shares of Dixon Technologies tumbled 14% in today’s trade, dropping to ₹15,118 apiece. Analysts are divided on the stock, with Motilal Oswal maintaining a ’buy’ and raising the target to ₹20,500, while Jefferies recommends ’underperform’ at ₹12,600.
2 min read21 Jan 2025Dixon Tech Q3 Results: Dixon Technologies reported a 77.5% year-on-year increase in Q3FY25 net profit to ₹171.19 crore, despite a 56% sequential decline. Revenue rose nearly 117% to ₹10,453.68 crore, but the Consumer Electronics division saw a significant drop in revenue and operating profit.
1 min read20 Jan 2025AI’s rapid evolution is reshaping our world, with significant economic contributions expected by 2030. The ’All About AI’ series explores innovative AI solutions and emphasises the importance of up skilling to stay relevant in a changing job market.
7 min read16 Jan 2025Dixon Technologies shares fell 8% to ₹16,982, marking the worst drop in over two months. Despite a 175% increase in CY24, Nomura raised its target price to ₹22,256 apiece, maintaining its ’buy’ recommendation as it believes the company will benefit from US-China trade tensions.
3 min read8 Jan 2025Dixon Technologies stock price has given decent returns of over 26.5% in one month and over 66% in six months. The shares have delivered multibagger returns of nearly 190% year-to-date (YTD), and more than 2,500% in the past five years.
1 min read16 Dec 2024Multibagger Stock: Dixon Technologies share price climbed over 6% to a 52-week high after its subsidiary, Padget Electronics, announced mass production of Google Pixel smartphones with Compal Smart Device India.
2 min read2 Dec 2024Dixon Technologies’ stock peaked at ₹15,999.95 after a record 265% YoY profit increase, before falling 18% due to profit booking. Brokerages remain optimistic, projecting future growth and potential target prices between ₹16,100 and ₹17,500 despite slight EBITDA margin compression.
3 min read25 Oct 2024Since its IPO in 2017, Dixon’s stock has skyrocketed. Looking back, it seems like a missed opportunity for many. However, those who did jump on board enjoyed a CAGR of nearly 60%.
8 min read3 Oct 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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