Dixon Technologies shares fall 3% after Q2 results. Should you buy, sell or hold?
Shares of Dixon Technologies slipped as much as 3.2% on Monday to ₹16,150 on the BSE, despite reporting a strong quarterly profit. Analysts at Motilal Oswal and JM Financial said the results confirmed the company’s growth trajectory, but cautioned that short-term margin pressures and the ramp-up of new components could test earnings in the near term.
Dixon reported an 81% YoY jump in net profit to ₹746 crore for Q2 FY26, while revenue rose 33% to ₹15,351 crore. Production of mobiles, wearables, telecom equipment, and IT hardware, accounting for 90% of revenue, grew 41% YoY, contributing ₹472 crore to operating margins.
