Buy Dixon Technologies (India), target price Rs 15000: Motilal Oswal

economictimes.indiatimes.com:

Dixon Technologies (India) with a target price of Rs 15000. The current market price of Dixon Technologies (India) is Rs 12495.05.

Dixon Technologies (India) Ltd., incorporated in the year 1993, is a Mid Cap company (having a market cap of Rs 74894.69 Crore) operating in Consumer Durables sector.

Dixon Technologies (India) Ltd. key Products/Revenue Segments include Domestic Appliances, Job Work, Sale of services, Other Operating Revenue, Rent and Export Incentives for the year ending 31-Mar-2023.

Financials For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 6587.98 Crore, up 40.93 % from last quarter Total Income of Rs 4674.65 Crore and up 101.20 % from last year same quarter Total Income of Rs 3274.35 Crore. Company reported net profit after tax of Rs 132.26 Crore in latest quarter.

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Promoter/FII Holdings Promoters held 33.24 per cent stake in the company as of 30-Jun-2024, while FIIs