Dixon Technologies: Time to Buy or a value trap? Brokerages see up to 36% upside potential
Dixon Technologies, a contract manufacturer in the smartphone and consumer electronics industry, has faced a 30% drop in stock value in the past year. Despite current difficulties and regulatory setbacks, major brokerages continue to recommend buying the stock. JM Financial rates it as ‘Add’ while Nomura suggests a ‘Buy’, with both foreseeing long-term growth potential and significant upside.