Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Speaking to ET NOW, Saurabh Gupta, CFO, Dixon Technologies said that despite India's mobile sales slowdown, he is optimistic that the market will rebound soon. Furthermore, he said that inflation was the leading cause. Sunil Raina , President and Business Head, Lava International stated that price hikes and custom duty are the factors behind the slowdown. What are their perspectives on India's 5G growth and demand? To know watch the full interview, only on ET NOW!

#mobile #mobileexport #5ggrowth
Subscribe To ET Now For Latest Updates On Stocks, Business News, Trading | https://bit.ly/SubscribeToETNow

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Subscribe Now To Our Network Channels:-
Times Now: https://bit.ly/SubscribeToTimesNow
Mirror Now: https://bit.ly/SubscribeToMirrorNow

Pushed via Slike

Will Mobile Export Boom Sustain? Saurabh Gupta, Dixon Technologies | Sunil Raina |Lava International

Kaynes Technology offers design-led electronics manufacturing to original equipment manufacturers. Among the listed space, Kaynes Technology competes with Dixon Technologies India, Syrma SGS Technology, and Amber Enterprises India.

Kaynes Tech Rs 858-cr IPO opens on Nov 10

Kaynes Technology competes with Dixon Technologies India, Syrma SGS Technology and Amber Enterprises India. It had an order book of Rs 2,266.26 crore, as of June 30

Kaynes Technology IPO to open on November 10: Price band, listed peers & more

Sharekhan is bullish on Dixon Technologies has recommended buy rating on the stock with a target price of Rs 4960 in its research report dated October 25, 2022.

Buy Dixon Technologies; target of Rs 4960: Sharekhan

The company has multiple catalysts to drive earnings higher, but the stock valuation is stretched at the moment

Dixon Technologies Q2: Superb growth perfectly priced in

ICICI Direct recommended hold rating on Dixon Technologies with a target price of Rs 4730 in its research report dated October 23, 2022.

Hold Dixon Technologies; target of Rs 4730: ICICI Direct

Among prominent stocks, ITC, Dixon Technologies, Axis Bank and Bajaj Finance seem poised to rally up to 14 per cent; whereas Asian Paints is seen testing the crucial 200-DMA level at Rs 3,131.

Q2 impact: Upside of up to 14% on cards for ITC, Axis Bank, Dixon Tech

Low revenue growth as consumer electronics segment saw flattish growth which was marred by steep correction in open cell prices.

Dixon Technologies Q2 Results Review - Growth, Margin Improvement Priced In: Yes Securities

Dixon Technologies (India) added 2.50% to Rs 4403.50 after the company reported 23% increase in consolidated net profit to Rs 77.1 crore on a 38% rise in income to Rs 3,866.8 crore in Q2 FY23 over Q2 FY22.

Dixon Tech rises after Q2 PAT increases by 23% YoY

Revenue from operations was up 37.91 per cent

Dixon Technologies Q2 profit up 23 pc to ₹77 cr

The company’s revenue from the consumer electronics business stood at Rs 1,500.7 crore, and Rs 290.4 crore from lighting products.

Dixon Technologies Q2 profit up 23% to Rs 77 crore

Dixon Technologies (India) Limited is a home-grown manufacturing company. The Company provides electronic manufacturing services (EMS) with a diversified portfolio across consumer electronics, home appliances, lighting products, mobile phones & Emergency Medical Services (Ems), reverse logistics, and security systems. Its products and services include LED TVs, AC PCB, Washing Machines LED Bulbs, Battens, Downlighters, Feature & Smart Phones, PCB for Mobile Phones, Medical Electronics, Set-top boxes, Repair Services, CCTV camera and Digital Video Recorders (DVRs). The Company solutions include international and national brands, serving as both Original Equipment Manufacturer (OEM) as well as Original Design Manufacturer (ODM) for various companies.

Dixon Technologies (India) Ltd

Dixon Technologies (India) Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Will Mobile Export Boom Sustain? Saurabh Gupta, Dixon Technologies | Sunil Raina |Lava International

Kaynes Tech Rs 858-cr IPO opens on Nov 10

Kaynes Technology IPO to open on November 10: Price band, listed peers & more

Buy Dixon Technologies; target of Rs 4960: Sharekhan

Dixon Technologies Q2: Superb growth perfectly priced in

Hold Dixon Technologies; target of Rs 4730: ICICI Direct

Q2 impact: Upside of up to 14% on cards for ITC, Axis Bank, Dixon Tech

Dixon Technologies (India) Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Will Mobile Export Boom Sustain? Saurabh Gupta, Dixon Technologies | Sunil Raina |Lava International

Kaynes Tech Rs 858-cr IPO opens on Nov 10

Kaynes Technology IPO to open on November 10: Price band, listed peers & more

Buy Dixon Technologies; target of Rs 4960: Sharekhan

Dixon Technologies Q2: Superb growth perfectly priced in

Hold Dixon Technologies; target of Rs 4730: ICICI Direct

Q2 impact: Upside of up to 14% on cards for ITC, Axis Bank, Dixon Tech

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock