Consolidated revenue grew 25% year-over-year to Rs. 16,076 crore, with EBITDA and PAT more than doubling. The quarter saw a major business transfer, strong EPS growth, and a recommended Rs. 10 per share dividend. PLI incentive income remains outstanding, with a related liability recognized.Original…
vivo’s India unit has received approval from India’s Department for Promotion of Industry and Internal Trade for a restructuring that will place its 12-year manufacturing operation into a joint venture controlled 51% by local partner Dixon Technologies, according to Jiemian News. Dixon disclosed th…
Nomura expects consumer durables companies to post healthy revenue growth in the June quarter, aided by a prolonged summer, price hikes and a favourable base, although higher input costs and promotional spending are likely to keep margins under pressure.The brokerage said it prefers LG Electronics…
Dixon Technologies shares rose as much as 6 percent on Monday after brokerage Investec maintained its 'buy' rating on the stock and raised its target price following the company's foray into the speciality electronics manufacturing services (EMS) business.The stock has extended its gains for the fi…
Shares of Dixon Technologies Ltd. will be in focus on Monday, July 6, after brokerage firm Investec reiterated its 'Buy' rating on the stock and raised its price target to ₹16,200 from ₹14,500.The revised target implies a potential upside of nearly 30% from Friday's closing price.Investec has raise…
