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HomeSHARE MARKETNew Acquisition Will Help Smartphone Market; 163.17% Return; Target Price Increased

New Acquisition Will Help Smartphone Market; 163.17% Return; Target Price Increased

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Dixon Technologies (India) Ltd (NSE: DIXON): Today, in this post we’ll discuss Dixon Technologies’ latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

In an agreement, the company will acquire the 56 percent equity stake in two portions. Stock prices were 1.82 percent up in the last trading session.

After the announcement of the deal, Kotak Institutional Equities said in an announcement that Dixon is likely to bring an attractive price of 10 times the FY2026 forecast for earnings.

Ismartu’s acquisition Ismartu will enable the company to grow its market share in the smartphone market in India.

The brokerage company in India has also stated that the recent Dixon deals that it signed with Ismartu and Compal are likely to boost the share of exports shortly.

Kotak stated that, beyond India, they see the international market for exports through this partnership as an added potential market for Dixons. Dixon’s possibility of a partnership with BBK Group will be the upcoming driver for Dixons.

The brokerage house raised its price goal by 13 percent, to 8211 rupees per share. stated that BBK Group is looking to join forces with manufacturers of agreements. This tie-up may be the next major catalyst for Dixon’s mobile sector.

About Dixon Technologies (India) Company

Dixon Technologies (India) Limited is an Indian electronics manufacturing service company. It is the biggest domestically-owned design-focused solutions firm.

The Company offers designs-driven and manufacturing-based solutions for the areas of consumer electronics, clothing lighting appliances, home appliances, mobile phones, sets-top boxes, security equipment, and medical equipment to clients around the world as well as repair and refurbishment of the LED television panels.

The company offers sets-top box, Consumer Electronics, Lighting solutions, Home Appliances, Mobile Phones, Reverse logistics, Security Surveillance Systems, Medical Electronics as well as IT Hardware.

Consumer Electronics division provides end-to-end solutions for its customers. Home Appliances division provides the design, manufacturing as well as testing of selection of washers.

Lighting Solution division develops and manufactures LED lighting solutions.

Fundamental Analysis of Dixon Technologies (India)

Market Cap₹ 46,836 Cr.
Current Price₹ 7,814
52-wk High₹ 7,950
52-wk Low₹ 2,820
Stock P/E130.23
Book Value₹ 242
Dividend0.04 %
ROCE24.2 %
ROE22.5 %
Face Value₹ 2.00
P/B Value32.3
OPM4.17 %
EPS₹ 59.2
Debt₹ 273 Cr.
Debt to Equity0.19

Dixon Technologies (India) Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹7900₹8100
2025₹7412₹7600
2026₹7600₹8000
2027₹6345₹7000
2028₹7200₹7900
2029₹8212₹8424
2030₹8500₹9000
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Dixon Technologies (India) Shareholding Pattern

Promoters Holding
Dec 202234.06%
Mar 202334.05%
June 202334.04%
Sept 202333.80%
Dec 202333.63%
FII Holding
Dec 202216.66%
Mar 202312.04%
June 202315.00%
Sept 202315.66%
Dec 202317.41%
DII Holding
Dec 202218.92%
Mar 202323.76%
June 202324.61%
Sept 202327.44%
Dec 202326.39%
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Public Holding
Dec 202230.35%
Mar 202330.13%
June 202326.36%
Sept 202323.11%
Dec 202322.58%

Dixon Technologies (India) Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 2,984 Cr
2020₹ 4,400 Cr
2021₹ 6,448 Cr
2022₹ 10,697 Cr
2023₹ 16,098 Cr

Last 5 Years’ Net Profit:

2019₹ 63 Cr
2020₹ 120 Cr
2021₹ 160 Cr
2022₹ 190 Cr
2023₹ 358 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.36
20200.15
20210.21
20220.46
20230.14

Last 10 Years’ Profit Growth:

10 Years:54%
5 Years:33%
3 Years:29%
Current Year:48%

Last 10 years’ Return on Equity (ROE):

10 Years:23%
5 Years:23%
3 Years:23%
Last Year:23%

Sales Growth Over 10 Years:

10 Years:32%
5 Years:34%
3 Years:40%
Current Year:33%

Conclusion

This article is a complete guide about Dixon Technologies (India) Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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