Dixon Tech jumps 4%: Nomura stays bullish, but Phillip Capital warns of 37% downside

Dixon Technologies’ stock price jumped by 4.5% after Nomura maintained its ‘Buy’ rating and set a target price of Rs 21,409, indicating a 51% increase. The company predicts a significant growth in smartphone volumes by FY27, fueled by export demand and partnerships with major brands like Motorola and Transsion. Plans for product expansion are also […]