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The Latest Breaking News from Dixon Technologies

Dixon Tech shares rally 5% amid reports of government nod for Vivo JV this month

Dixon Technologies shares surged rose sharply on Wednesday after reports suggested the government may approve its long-pending joint venture with Vivo this month. The proposed JV, in which Dixon will hold a majority stake, is expected to strengthen smartphone manufacturing capabilities in India while reducing Vivo’s regulatory risk exposure in…

The Economic Times

Govt likely to clear Dixon-Vivo JV deal this month

The government is set to approve the Dixon-Vivo joint venture this month. Dixon Technologies will hold a majority stake in this new venture. This partnership aims to manufacture electronic devices, including smartphones. Vivo's Noida facility will be integrated into the joint venture. This move will significantly reduce Vivo's operational risks…

The Economic Times

Betting big on mid and smallcaps; largecaps most expensive on PEG basis, says Dinshaw Irani

Helios Mutual Fund is shifting investments from large companies to mid and small companies. This move follows earnings growth trends where mid and small companies are showing much higher growth than large companies. The fund has added Adani Enterprises, Dixon Technologies, and CAMS to its portfolio. It is avoiding sectors…

The Economic Times

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Dixon Tech shares rise as subsidiary enters JV to manufacture optical telecom products

Dixon Technologies' shares rose after its subsidiary, Dixon Electroconnect, partnered with Gemtek Technology to form a joint venture. This new entity will manufacture and supply optical transceivers and other telecom products in India. Dixon will hold a 60% stake in the venture, aiming to leverage manufacturing prowess with Gemtek's optical…

The Economic Times

Stocks in news: Emcure Pharma, Dixon Technologies, Ajanta Pharma, Godrej Properties, Vedanta

Indian markets experienced a volatile session, closing higher amidst mixed signals. Bulls are defending the 23,000 level in Nifty, but uncertainty persists due to mixed heavyweight stock trends. Investors are advised to focus on stock-specific opportunities as analysts maintain a cautious outlook.

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Thursday

Domestic equity benchmarks ended marginally higher after four sessions of losses, supported by gains in metal, energy and consumer stocks. Analysts cautioned that bearish technical indicators and resistance near key levels could keep markets volatile, while broader sentiment remained tilted toward selective selling pressure.

The Economic Times

Dixon Tech shares jump 6% despite weak Q4 results. Do Goldman Sachs, Motilal Oswal forecast further upside?

Dixon Technologies' shares saw a rally despite a 36% drop in March quarter net profit. Revenue from operations increased by 2% year-on-year. Brokerages offer mixed views, with Goldman Sachs maintaining a 'Sell' rating due to weaker mobile segment performance, while Motilal Oswal and JM Financial suggest 'Buy' and 'Add' respectively,…

The Economic Times

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Stocks in news: Airtel, Tata Motors, Dr Reddy's, NTPC, Dixon Technologies

Markets faced selling pressure on Tuesday due to weak global cues and macroeconomic concerns, with the Nifty approaching support at 23,150. Several companies like Airtel, Tata Motors, and Dr Reddy's are in focus due to earnings reports and other news developments.

The Economic Times

Dixon Technologies Q4 Results: Cons PAT falls 36% YoY as topline grows 2%; Rs 10/share dividend announced

Dixon Technologies reported a 36% YoY drop in Q4 consolidated PAT to Rs 256 crore despite a 2% rise in revenue to Rs 10,511 crore. EBITDA improved 9%, while the board recommended a Rs 10 per share dividend. The stock fell over 6% after the earnings announcement.

The Economic Times

India’s manufacturers cash in as brands seek refuge from US-China tensions

Indian firms are capitalising on a push by leading brands to diversify their suppliers away from China.

Al Jazeera

Andhra Pradesh CM YS Jagan Mohan Reddy to launch manufacturing facilities today

AMARAVATI: Chief minister YS Jagan Mohan Reddy will be inaugurating the manufacturing facilities of POTPL (TCL Group), Foxlink, Sunny Opotech, Dixon Technologies and Software Firm-Tech bulls during his visit to Tirupati on Thursday.

The Times of India

Andhra Pradesh: Jagan to inaugurate several industrial units in Tirupati on June 23

An investment of ₹3,000 crore is expected to be generated out of these units

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