25 Sep 2025 | 3 Mins Read
UBS raises Dixon Tech target above peer estimates
Flipitmoney
UBS upgraded Dixon Technologies to 'Buy' and set a higher target price of ₹23,000 per share, citing the company's potential for growth through backward integration into smartphone components and its strong inorganic expansion plans. Dixon is expected to reach $11 billion in revenue by FY28E with margin gains offsetting lower asset turnover.