14 Oct 2025 | 3 Mins Read
Phillip Capital gives Dixon Tech a 'sell' rating, predicting a 47% drop
Flipitmoney
Dixon Technologies' shares fell 4.05% to ₹16,499 on October 14. Philip Capital assigned a "Sell" rating with a ₹9,085 target price (47% potential downside), citing client concentration risk due to Motorola's reduced domestic shipments and increased outsourcing to rivals. FY26 PAT estimates may see a double-digit cut to around ₹1,200 crore.