Buy Dixon, Samvardhana as US tariffs may boost electronics exports: Nomura

Foreign brokerage firm Nomura has maintained a ‘Buy’ rating on Dixon Technologies and Samvardhana Motherson, citing that the evolving US tariff strategies could majorly boost India’s electronics exports, particularly in the mobile phone sector.

The Tokyo, Japan-based brokerage has kept its target prices unchanged at Rs 13,911 for Dixon Technologies and Rs 128 for Samvardhana Motherson International.