01 Oct 2025 | 5 Mins Read
JPMorgan sees 20% upside in underperforming Dixon Tech shares
Flipitmoney
JPMorgan reiterates "overweight" rating for Dixon Technologies with a ₹19,500 price target, citing recent decline as a buying opportunity. The brokerage expects 20% upside from Tuesday's closing price, driven by growth in mobile business and new initiatives such as component manufacturing forays. Key triggers include government approval for a joint venture and renewal of the PLI scheme.