Dixon: From Rs 62,500 crore scheme to Vivo JV approval — Key triggers driving the upside
Electronic Manufacturing Services (EMS) stocks are in the news after the government announced the Rs 62,500 crore Mobile Phone Manufacturing Scheme (MPMS), outlining incentive support on eligible sales for the manufacturing of mobile phones in India. One stock that’s particularly in focus after the news is Dixon Technologies. Is it poised for further upside, or is it time to book a profit?
The Dixon share price has shot up over 7% in the last 1 week and delivered 27% gains in the last 3 months. It is up 19% so far in 2026, but if you track the stock’s movement on a 1-year trajectory, it has declined 10% in the last 12 months.
