25 Sep 2025 | 5 Mins Read
UBS upgrades Dixon Technologies to "buy" with 27% potential gain
Flipitmoney
UBS upgraded Dixon Technologies to a "Buy" rating with a price target of Rs 23,000, a 27% potential upside, citing expansion into non-semiconductor smartphone components and rapid inorganic growth. The brokerage forecasts Dixon's revenue to reach Rs 91,500 crore by FY28E, 2.5 times its FY25 projected revenue, driven by component sales and rising exports.