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NDTV PROFIT - LATEST · INDIAN ·

Dixon Tech Cut To Underperform By CLSA As Memory Prices Squeeze Smartphone Market

As reported by NDTV Profit - Latest
Brokerage sees 13% downside for Dixon Tech from current levels and warns organic volume growth likely to decline in FY27.
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CLSA has downgraded Dixon Technologies to 'Underperform,' citing concerns over memory prices impacting the smartphone market. The brokerage anticipates a 13% downside from current levels and projects a decline in the company's organic volume growth for fiscal year 2027.

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