Buy Dixon Technologies, target price Rs 17,500: Motilal Oswal Financial Services
Motilal Oswal Financial Services has a buy call on Dixon Technologies (India), with a target price of Rs 17,500. The current market price of Dixon Technologies is Rs 13732.25 . Dixon Technologies., incorporated in 1993, is a midcap company with a market cap of Rs 82245.10 crore, operating in Consumer Durables sector.
Dixon Technologies’ key products/revenue segments include domestic appliances, job work, sale of services, rent, other operating revenue and export incentives for the year ending 31-Mar-2024.
Financials
For the quarter ended 30-09-2024, the company has reported a consolidated total income of Rs 11528.35 crore, up 74.99% from last quarter’s total income of Rs 6587.98 crore and up 133.18% from last year’s same quarter’s…
