Mobile, EMS growth fuels Dixon Technologies stellar Q3; analysts up targets

The stock of the country’s largest listed electronics manufacturing service (EMS) company, Dixon (Technologies) India, shed 13.8 per cent at close on Tuesday. While its results for the third quarter of the current financial year (Q3FY25) were a mixed bag, concerns on execution, dilution of returns profile. and demanding valuations weighed on the stock price. About half of the analysts tracking the stock have a “sell” or a “hold” rating.