HSBC Maintains Buy Rating on Dixon Technologies, Cuts Target Price to ₹15,500
HSBC has maintained its Buy rating on Dixon Technologies while reducing the target price from ₹19,600 to ₹15,500. The ₹4,100 price cut reflects a more conservative valuation approach, though the maintained Buy rating indicates continued positive outlook on the electronics manufacturer's prospects.

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HSBC has updated its recommendation on Dixon Technologies , maintaining its Buy rating while revising the target price downward. The global investment bank has cut its target price for the electronics manufacturing services company from ₹19,600 to ₹15,500.
Revised Price Target and Rating
The brokerage firm's latest research note shows a significant adjustment in valuation expectations for Dixon Technologies. The updated recommendation details are presented below:
| Parameter: | Previous | Current |
|---|---|---|
| Rating: | Buy | Buy |
| Target Price: | ₹19,600.00 | ₹15,500.00 |
| Price Reduction: | - | ₹4,100.00 |
Market Implications
Despite the substantial reduction in target price, HSBC's decision to maintain its Buy rating indicates continued confidence in Dixon Technologies' business fundamentals and growth prospects. The revised target price represents a more conservative valuation approach while still suggesting upside potential for investors.
The target price adjustment of ₹4,100.00 reflects HSBC's updated assessment of the company's valuation metrics and market conditions. This revision comes as part of the brokerage's ongoing coverage of the electronics manufacturing sector.
Historical Stock Returns for Dixon Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.28% | -3.41% | -13.07% | -25.21% | -30.28% | +296.45% |
















































