The brokerage has a ‘buy’ rating for Amber Enterprises, while it maintains a ‘hold’ for Dixon Technologies.

Why Jefferies Prefers Amber Enterprises Over Dixon Technologies

Hold Dixon Technologies (₹4,900) Aug expiry 5600-strike call option. Minimise loss if stock reaches ₹5,300 before expiry. No signs of bearish reversal, but breakout above ₹5,000 unlikely. Option premium at ₹3, so no downside risk. Hold option or liquidate if stock rallies to ₹5,300.

F&O Query: Should I liquidate call option on Dixon Technologies or hold till expiry?

Escorts Kubota, BHEL, Dixon Technologies, IDFC First Bank, and AU Small Finance Bank were among the 50 stocks to see a long build-up. An increase in open interest (OI) and price indicate a build-up of long positions.

Trade setup for Wednesday: Top 15 things to know before the opening bell

Based on the OI percentage, 75 stocks, including Alkem Laboratories, PI Industries, Escorts Kubota, MRF and Dixon Technologies saw long unwinding.

Trade setup for Friday: Top 15 things to know before the opening bell

Reliance Retail is exploring options to manufacture its newly launched JioBook laptop in India, due to the Centre’s import licence on electronic devices. Dixon Technologies and Sanmina, a joint venture with Reliance, are potential partners. The laptop has a 2.0 GHz octa-core processor, 4 GB LPDDR4 R…

Reliance Retail in talks with local players to make its new laptop in India

While the import of these items will be permitted against a licence, certain use cases have been exempted from the restrictions

Dixon Technologies darts up 4% after govt restricts import of laptops, tablets, PCs

Sharekhan recommended Hold rating on Dixon Technologies with a target price of Rs 4300 in its research report dated July 26, 2023.

Hold Dixon Technologies; target of Rs 4300: Sharekhan

Emkay Global Financial recommended hold rating on Dixon technologies with a target price of Rs 4036 in its research report dated July 26, 2023.

Hold Dixon technologies; target of Rs 4036: Emkay Global Financial

ICICI Securities recommended reduce rating on Dixon Technologies India with a target price of Rs 3600 in its research report dated July 26, 2023.

Reduce Dixon Technologies India; target of Rs 3600: ICICI Securities

Axis Securities recommended hold rating on Dixon Technologies with a target price of Rs 4140 in its research report dated July 26 2023.

Hold Dixon Technologies; target of Rs 4140: Axis Securities

We have seen short-covering in 81 stocks, based on the open interest percentage, including Delta Corp, Dixon Technologies, RBL Bank, Samvardhana Motherson International and PVRInox

Trade setup for Thursday: Top 15 things to know before the opening bell

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Dixon Technologies Private Limited is a design-focused products and solutions company. The Company is engaged in manufacturing products in the consumer durables, lighting and mobile phones markets in India