Jefferies moved Dixon Technologies up to ‘Hold’ from ‘Underperform’, following robust Q1 results. Sales and profit both nearly doubled YoY, led by a strong ramp-up in the mobile segment. “Q2FY26e order book also appears healthy, ahead of the festive season,” Jefferies noted, with the company projecting mobile volumes of about 45 million for FY26, a 45–50% YoY growth trajectory.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
About the Author
