15 Jan 2026 | 5 Mins Read

Dixon and PG Electroplast face Q2 recovery hurdles

Flipitmoney

India's electronic manufacturing services (EMS) story remains intact, but growth has moderated due to high base effects, temporary demand softness, and working capital pressures. Dixon Technologies, Kaynes Technologies, and PG Electroplast share prices fell over 30% due to valuation fatigue. Despite this, they have strong order books, capacity expansion, and localization efforts.