# DIXON (DIXON) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/dixon

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹13,277
- Change: -0.10%
- As of: 2026-09-18
- 1D return: -2.14%
- 5D return: -3.67%
- 1M return: -12.42%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, DIXON's technical stance indicates a bearish trend on the daily timeframe, with the current price of ₹13005.0 trading below key moving averages and the Supertrend indicator. This contrasts with a bullish Supertrend signal on the weekly timeframe, suggesting a potential conflict across timeframes. The daily chart shows the price below the 20-day and 50-day Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs), with a negative slope on the 20-day SMA, reinforcing the bearish short-term outlook. Recent active daily patterns include a "Bearish Engulfing Reversal" and an "Evening Star," which can signal potential downward price movement. The stock is currently positioned near its nearest support level at ₹13001.33, approximately 0.03% below the current price. Key resistance is observed around ₹13145.67, about 1.08% higher. The stock exhibits elevated risk, with an annualized volatility of 0.4 and a current drawdown of -0.3.

Key watch conditions include monitoring the price action relative to the ₹13001.33 support level. A sustained break below this level could reinforce the bearish short-term trend. Conversely, a move above the nearest resistance at ₹13145.67, coupled with a shift in the daily Supertrend to bullish, would be needed to challenge the current bearish setup. The divergence between the daily and weekly Supertrend signals warrants close observation for potential trend alignment.

- The stock's daily trend is bearish, with the price of ₹13005.0 trading below the 20-day EMA (₹13834.35) and 50-day EMA (₹13745.05).
- Nearest support is identified at ₹13001.33 (0.03% below current price), with resistance at ₹13145.67 (1.08% above current price).
- Active daily chart patterns on September 18, 2026, include "Bearish Engulfing Reversal" and "Evening Star."
- The weekly Supertrend indicator is bullish, contrasting with the bearish daily Supertrend, indicating mixed signals across timeframes.
- Watch for a break below ₹13001.33 to confirm bearish continuation or a move above ₹13145.67 to test resistance.

- Bearish Engulfing Reversal
- Evening Star
- Hammer
- Outside Bar
- Inside Bar
- Doji

### News Context

Dixon Technologies experienced a notable share price increase on Thursday, September 17, 2026, as the SEMICON India 2026 conference commenced in New Delhi. The company's stock, along with other semiconductor and electronics manufacturing firms like Syrma SGS, Kaynes Technology, and Moschip Technologies, saw gains of up to 10%. This surge coincided with discussions at the conference focusing on India's transition from policy announcements to commercial chip production and ecosystem development, with industry leaders expressing growing confidence in India's semiconductor sector. Five semiconductor projects are reportedly already in commercial production.

- On September 17, 2026, Dixon Technologies' shares rose up to 10% as SEMICON India 2026 began.
- The share price movement occurred alongside other semiconductor and electronics manufacturing stocks.
- SEMICON India 2026 discussions highlighted India's progress in commercial chip production and ecosystem development.
- Industry leaders noted increasing global confidence in India's semiconductor sector.

- SEMICON India 2026 Day 2 live updates: India need not build entire chip supply chain domestically, says Vikram Misri | Mint
- Nifty settles above 23,250 mark; broader mrkt outperforms
- Sensex, Nifty trade in positive terrain; pharma shares snap 5-day losing streak
- Chip stocks spark up as SEMICON India 2026 kicks off in New Delhi
- SEMICON 2026: Syrma SGS, Dixon Tech, Kaynes Technology, Moschip Technologies shares rise up to 10%

### What Changed

On September 18, 2026, Dixon Technologies (India) reported receiving an ESG rating of '67' from Niche Ninety Nine Capability and Certifications (OPC) Private Limited. The company noted that this rating was assigned independently based on publicly available information and that Dixon did not engage the rating agency for this assessment. This development occurred against a backdrop of broader market activity, with the Nifty index closing above 23,250, influenced by cautious sentiment regarding potential further rate hikes by the US Federal Reserve. News from SEMICON India 2026 highlighted progress in India's semiconductor sector, with several projects already in commercial production. In terms of recent price action, Dixon Technologies' stock closed at ₹13,005.0 on September 18, 2026, a decrease from its previous closing price of ₹13,290.0.

- On September 18, 2026, Dixon Technologies (India) was assigned an ESG rating of '67' by Niche Ninety Nine Capability and Certifications (OPC) Private Limited, based on publicly available information.
- The company stated it did not engage Niche Ninety Nine for the ESG rating assignment.
- Dixon Technologies' stock closed at ₹13,005.0 on September 18, 2026, down from ₹13,290.0 previously.
- Recent market news on September 18, 2026, indicated the Nifty settled above 23,250 amidst cautious investor sentiment.
- News from SEMICON India 2026 on September 18, 2026, highlighted advancements in India's semiconductor production.

- SEMICON India 2026 Day 2 live updates: India need not build entire chip supply chain domestically, says Vikram Misri | Mint
- Nifty settles above 23,250 mark; broader mrkt outperforms
- Dixon Technologies (India) Limited has informed the Exchange about ESG Rating assigned by Niche Ninety Nine Capability and Certifications (OPC) Private Limited |SUBJECT: General Updates

### Official Filings

Dixon Technologies (India) Limited has disclosed its engagement in several one-on-one meetings with institutional investors and analysts between September 9, 2026, and September 17, 2026. These meetings included participants such as Baillie Gifford, Bajaj Life Insurance, 360 One Capital, and IKIGAI AM. The company has stated that no unpublished price-sensitive information was shared and no presentations were made during these sessions. Additionally, Dixon Technologies announced on September 18, 2026, that it received an independent ESG rating of '67' from Niche Ninety Nine Capability and Certifications (OPC) Private Limited, based on publicly available information. The company clarified that it did not engage Niche Ninety Nine for this rating.

- On September 18, 2026, Dixon Technologies disclosed an independent ESG rating of '67' from Niche Ninety Nine Capability and Certifications (OPC) Private Limited.
- The company confirmed no unpublished price-sensitive information was shared during a one-on-one meeting with IKIGAI AM on September 17, 2026.
- Dixon Technologies confirmed no unpublished price-sensitive information was shared during a virtual one-on-one meeting with 360 One Capital on September 16, 2026.
- An in-person one-on-one meeting with Baillie Gifford on September 14, 2026, involved no sharing of unpublished price-sensitive information or presentations.
- Dixon Technologies confirmed no unpublished price-sensitive information was shared during an in-person one-on-one meeting with Bajaj Life Insurance on September 11, 2026.

- Dixon Technologies (India) Limited has informed the Exchange about Outcome of Analyst/ Institutional Investors Meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Dixon Technologies (India) Limited has informed the Exchange about ESG Rating assigned by Niche Ninety Nine Capability and Certifications (OPC) Private Limited |SUBJECT: General Updates
- Dixon Technologies (India) Limited has informed the Exchange about Outcome of Analyst/ Institutional Investors Meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Dixon Technologies (India) Limited has informed the Exchange about Outcome of Analyst/ Institutional Investors Meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Dixon Technologies (India) Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Dixon Technologies (India) Limited has informed the Exchange about Outcome of Analyst/ Institutional Investors Meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Dixon Technologies (India) Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Dixon Technologies (India) Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Dixon Technologies (India) Limited has informed the Exchange about Outcome of Analyst/ Institutional Investors Meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Dixon Technologies (India) Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates

### Fundamentals

Dixon Technologies (India) reported a significant increase in revenue from operations for Q1 FY2026-27, reaching ₹15,547.66 crore. This marks a substantial rise compared to the preceding quarters of Q3 FY2025-26 (₹10,671.59 crore) and Q4 FY2025-26 (₹10,510.51 crore). The company's profit before tax also saw a strong upward trend, moving from ₹403.87 crore in Q3 FY2025-26 and ₹364.04 crore in Q4 FY2025-26 to ₹860.34 crore in Q1 FY2026-27. Consequently, profit after tax (Profit Loss For Period) grew from ₹320.56 crore in Q3 FY2025-26 and ₹297.97 crore in Q4 FY2025-26 to ₹717.83 crore in Q1 FY2026-27. While revenue and profit have shown positive movement, it is important to monitor the trend in other expenses, which increased from ₹200.30 crore in Q3 FY2025-26 to ₹262.82 crore in Q1 FY2026-27. Finance costs, however, remained relatively stable, decreasing from ₹42.87 crore in Q3 FY2025-26 to ₹23.66 crore in Q4 FY2025-26 before slightly increasing to ₹24.12 crore in Q1 FY2026-27.

- Revenue from operations for Q1 FY2026-27 was ₹15,547.66 crore.
- Profit Loss For Period in Q1 FY2026-27 was ₹717.83 crore.
- Profit Before Tax for Q1 FY2026-27 stood at ₹860.34 crore.
- Other Expenses increased to ₹262.82 crore in Q1 FY2026-27 from ₹200.30 crore in Q3 FY2025-26.
- Finance Costs were ₹24.12 crore in Q1 FY2026-27.

### Bull Case

Dixon Technologies (India) saw its shares rise on Thursday, September 17, 2026, alongside other semiconductor and electronics manufacturing stocks, coinciding with the commencement of SEMICON India 2026 in New Delhi. This event highlights the growing focus on India's semiconductor production and ecosystem development, with industry leaders noting increased global confidence in the country's capabilities. While the broader market sentiment was cautious due to potential US interest rate hikes, selective buying in domestic sectors provided some support.

- Dixon Technologies (India) shares experienced a rise on September 17, 2026, as semiconductor and electronics manufacturing stocks gained traction.
- The share price movement occurred in conjunction with the SEMICON India 2026 event, which focuses on advancing India's semiconductor production and ecosystem.
- The company's stock was specifically mentioned in a headline noting a rise alongside other companies like Syrma SGS, Kaynes Technology, and Moschip Technologies during SEMICON 2026.

- SEMICON India 2026 Day 2 live updates: India need not build entire chip supply chain domestically, says Vikram Misri | Mint
- Nifty settles above 23,250 mark; broader mrkt outperforms
- Sensex, Nifty trade in positive terrain; pharma shares snap 5-day losing streak
- Chip stocks spark up as SEMICON India 2026 kicks off in New Delhi
- SEMICON 2026: Syrma SGS, Dixon Tech, Kaynes Technology, Moschip Technologies shares rise up to 10%

### Bear Case

Dixon Technologies (India) is currently facing technical headwinds, with its daily and monthly trends indicating a bearish sentiment. The daily Exponential Moving Average (EMA) of 20 is trading below its Simple Moving Average (SMA) of 20, and the Supertrend indicator is also showing a bearish direction. This suggests a potential for downward price movement in the short to medium term. Furthermore, the stock has experienced significant drawdowns, with a current drawdown of -30% and a maximum drawdown of -48%, indicating substantial historical price volatility and risk. The company's 1-year and 10-year returns are also negative, at -29% and -10% respectively, highlighting a prolonged period of underperformance.

- The daily Supertrend indicator is in a bearish direction as of 2026-09-18.
- The stock's current drawdown is -30%, with a maximum drawdown of -48%.
- The 1-year return for Dixon Technologies (India) was -29% as of 2026-09-18.
- The 10-year return for Dixon Technologies (India) was -10% as of 2026-09-18.

- SEMICON India 2026 Day 2 live updates: India need not build entire chip supply chain domestically, says Vikram Misri | Mint
- Nifty settles above 23,250 mark; broader mrkt outperforms
- Sensex, Nifty trade in positive terrain; pharma shares snap 5-day losing streak
- Chip stocks spark up as SEMICON India 2026 kicks off in New Delhi
- SEMICON 2026: Syrma SGS, Dixon Tech, Kaynes Technology, Moschip Technologies shares rise up to 10%

### FAQs

**What was Dixon Technologies' stock performance in the recent past, and how does it compare to the year-to-date return?**

As of September 18, 2026, Dixon Technologies (India) has experienced varied returns across different periods. Its return over the last 6 months was 0.21, and the year-to-date return was 0.08. However, the return over the last 1 year was -0.29, and the return since the start of trading was -0.28.

**What is Dixon Technologies' current technical trend, and what are the key support and resistance levels?**

As of September 18, 2026, Dixon Technologies (India) is showing a bearish trend on the daily chart, with the Super Trend indicator at 14258.43. The weekly chart, however, indicates a bullish trend with the Super Trend at 11886.73. Key support levels are identified at ₹13001.33 and ₹12872.52, while resistance levels are noted at ₹13145.67 and ₹13320.33.

**Has Dixon Technologies been involved in any investor meetings or received any ESG ratings recently?**

Yes, Dixon Technologies (India) Limited has disclosed recent interactions with investors and an ESG rating. On September 17, 2026, the company held a virtual meeting with 360 One Capital. On September 14, 2026, an in-person meeting was held with Baillie Gifford. Additionally, on September 18, 2026, the company disclosed an ESG rating of '67' assigned by Niche Ninety Nine Capability and Certifications (OPC) Private Limited, noting that this rating was assigned independently without engagement from Dixon.

**How did the SEMICON India 2026 event impact Dixon Technologies' stock?**

The SEMICON India 2026 event, which began on Thursday, September 17, 2026, saw semiconductor and electronics manufacturing stocks in demand. Specifically, shares of Dixon Technologies (India) rose up to 10% in conjunction with the event.

- SEMICON India 2026 Day 2 live updates: India need not build entire chip supply chain domestically, says Vikram Misri | Mint
- Nifty settles above 23,250 mark; broader mrkt outperforms
- Sensex, Nifty trade in positive terrain; pharma shares snap 5-day losing streak
- Chip stocks spark up as SEMICON India 2026 kicks off in New Delhi
- SEMICON 2026: Syrma SGS, Dixon Tech, Kaynes Technology, Moschip Technologies shares rise up to 10%
- Dixon Technologies (India) Limited has informed the Exchange about Outcome of Analyst/ Institutional Investors Meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Dixon Technologies (India) Limited has informed the Exchange about ESG Rating assigned by Niche Ninety Nine Capability and Certifications (OPC) Private Limited |SUBJECT: General Updates
- Dixon Technologies (India) Limited has informed the Exchange about Outcome of Analyst/ Institutional Investors Meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Dixon Technologies (India) Limited has informed the Exchange about Outcome of Analyst/ Institutional Investors Meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Dixon Technologies (India) Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹13,320.33
- Risk regime: Price Risk Requires Attention

### Support levels
- 12872.525
- 12228.05
- 11724.28125

### Resistance levels
- 13926.5
- 14645.4375
- 15320.5

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -2.14% |
| return_10 | -9.97% |
| return_1m | -8.09% |
| return_1y | -29.05% |
| return_20 | -12.42% |
| return_3m | +2.68% |
| return_5 | -3.67% |
| return_6m | +21.44% |
| return_since_start | -27.73% |
| return_ytd | +7.56% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -47.58% |
| annualized_volatility | +39.81% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue Rises 47.9% Sequentially; Profit Before Tax More Than Doubles

For the quarter ended June 30, 2026, Dixon Technologies reported a 47.9% sequential increase in revenue, reaching a new high in the five-quarter reporting window. Profit before tax more than doubled over the same period, expanding its margin relative to sales. The growth in earnings outpaced revenue growth, supported by slower increases in other operating expenses and finance costs.

## Revenue Performance

Revenue from operations for the quarter ended June 30, 2026, was ₹15,547.66 crore. This represents a 47.9% increase from ₹10,510.51 crore in the fourth quarter of the previous fiscal year. On a year-over-year basis, revenue grew 21.1% from ₹12,835.66 crore recorded in the first quarter of last year. The current quarter marks the highest revenue level in the available five-quarter series, surpassing the previous peak of ₹14,855.04 crore set in the second quarter of the prior fiscal year.

## Profitability and Margins

Profit before tax rose to ₹860.34 crore from ₹364.04 crore in the preceding quarter, a sequential increase of 136.3%. Year-over-year, profit before tax grew 139.8% from ₹358.76 crore. Net profit for the period reached ₹717.83 crore, up from ₹297.97 crore sequentially and ₹280.02 crore a year ago.

The profit before tax margin expanded to 5.53% in the current quarter, compared to 3.46% in the fourth quarter and 2.80% in the first quarter of last year. This expansion indicates that profit generation accelerated relative to top-line growth during the period.

## Expense Trends

Other expenses totaled ₹262.82 crore, an increase of 23.3% from ₹213.09 crore in the prior quarter, but a decrease of 15.0% from ₹309.11 crore a year ago. As a share of revenue, other expenses fell to 1.69% from 2.03% in the fourth quarter and 2.41% a year ago.

Finance costs were ₹24.12 crore, remaining nearly flat compared to ₹23.66 crore in the fourth quarter and declining 26.0% from ₹32.59 crore a year ago. Finance costs represented 0.16% of revenue, down from 0.23% in the prior quarter and 0.25% a year ago. The slower pace of growth in these expense categories relative to revenue contributed to the observed margin expansion.

## Earnings Per Share

Basic earnings per share from continuing operations increased to ₹118.00 in the current quarter, up from ₹49.22 in the fourth quarter and ₹46.47 a year ago. The sequential rise of 139.7% and year-over-year increase of 153.9% align with the corresponding growth in net profit.

## Management Commentary

Management highlighted strong order visibility with 20-25% QoQ mobile volume growth in Q2 and flat full-year volumes despite market contraction. The PLI 2 scheme is expected to drive export growth and margin improvement, with potential for 15-20M additional units. Backward integration in camera modules, displays, and SSD is on track, with new facilities ramping up in H2 FY27.

Margin compression from PLI 1 expiry and input cost pass-through is temporary; management expects margins to improve from FY28 as component integration and PLI 2 benefits materialize. IT hardware and telecom are key growth pillars, with the Inventec JV and server exploration expanding the portfolio. The company maintains strong capital efficiency with ROCE of 34.1% and negative working capital cycle.

## Key Takeaway

The quarter delivered a substantial sequential jump in revenue, which reached a five-quarter high, alongside a more-than-doubling of profit before tax. Profit margins expanded as revenue growth outpaced increases in other operating expenses and finance costs, resulting in higher absolute earnings and improved earnings per share.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_18092026113004_InvestorMeetOutcome18092026.pdf)
- 2026-09-18 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_18092026144105_ESGRatingDisclousureNiche18092026.pdf)
- 2026-09-18 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_18092026201914_InvestorMeetOutcome18092026.pdf)
- 2026-09-18 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_18092026202147_InvestorMeetOutcome18092026.pdf)
- 2026-09-18 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15472_WebXMLFile_20260918_203608250.xml)
- 2026-09-17 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_17092026131854_InvestorMeetOutcome17092026.pdf)
- 2026-09-15 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_15092026163949_InvestorMeetOutcome15092026.pdf)
- 2026-09-15 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15472_WebXMLFile_20260915_180906604.xml)
- 2026-09-11 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_11092026182115_InvestorMeetOutcome11092026.pdf)
- 2026-09-11 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15472_WebXMLFile_20260911_183447708.xml)
- 2026-09-10 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15472_WebXMLFile_20260910_144651794.xml)
- 2026-09-09 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_09092026222611_InvestorMeetOutcome09092026.pdf)
- 2026-09-09 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_09092026224852_InvestorMeetIntimation09092026.pdf)
- 2026-09-04 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_15472_WebXMLFile_20260904_121720025.xml)
- 2026-09-04 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_04092026145223_NewspaperAdvertisementpostdispatch04092026.pdf)
- 2026-09-03 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_15472_WebXMLFile_20260903_160638445.xml)
- 2026-09-03 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_03092026214218_DTILCombinedAnnualReport2026_upload.pdf)
- 2026-09-03 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_03092026220808_DTILCombinedAnnualReport2026_upload.pdf)
- 2026-09-03 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_03092026222505_BRSRIntimation03092026.pdf)
- 2026-09-02 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15472_WebXMLFile_20260902_135530465.xml)
- 2026-09-02 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15472_WebXMLFile_20260902_134634713.xml)
- 2026-09-02 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_02092026190650_Reg_30_ESOP_Allotment_Sept.pdf)
- 2026-09-02 — Annual Report: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_31329_DIXON_2025_2026_A_15487496_03092026220551.pdf)
- 2026-09-01 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_01092026113136_InvestorMeetOutcome01092026.pdf)
- 2026-09-01 — Generic Announcement: Dixon Technologies (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DIXON_01092026191337_NewspaperAGMIntimationcoverpagePre01092026.pdf)

## News and market events

- 2026-09-18 — Mint: **SEMICON India 2026 Day 2 live updates: India need not build entire chip supply chain domestically, says Vikram Misri | Mint** — SEMICON India 2026 Day 2 focuses on India’s shift from semiconductor policy announcements to commercial chip production and ecosystem development. ASML and industry leaders highlighted growing global confidence in India, with five semiconductor projects already in commercial production. — [Source](https://www.livemint.com/technology/semicon-india-2026-day-2-live-updates-india-shifts-focus-from-semiconductor-policy-to-commercial-production-11789709711171.html)
- 2026-09-17 — BUSINESS: **Nifty settles above 23,250 mark;  broader mrkt outperforms** — The Feds indication of another rate hike in 2026 kept investors cautious, particularly across rate-sensitive and foreign-portfolio-investment-driven segments. However, selective buying in domestic sectors helped the Nifty settled above the 23,250 mark. Market participants are likely to track currency movements, US bond yields and foreign fund flows for further direction. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-settles-above-23-250-mark-broader-mrkt-outperforms-126091700802_1.html)
- 2026-09-17 — BUSINESS: **Sensex, Nifty trade in positive terrain; pharma shares snap 5-day losing streak** — The Feds indication of another rate hike in 2026 is likely to keep investors cautious, particularly in rate-sensitive and foreign-portfolio-investment-driven segments. However, buying interest in select domestic sectors provided some support, the Nifty hovered above the 23,250 mark. Market participants are likely to track currency movements, US bond yields and foreign fund flows for further direction. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-nifty-trade-in-positive-terrain-pharma-shares-snap-5-day-losing-streak-126091700646_1.html)
- 2026-09-17 — BUSINESS: **Chip stocks spark up as SEMICON India 2026 kicks off in New Delhi** — Semiconductor and electronics manufacturing stocks were in demand on Thursday, 17 September 2026, as SEMICON India 2026 got underway at Yashobhoomi in New Delhi. — [Source](https://www.business-standard.com/markets/capital-market-news/chip-stocks-spark-up-as-semicon-india-2026-kicks-off-in-new-delhi-126091700546_1.html)
- 2026-09-17 — BUSINESSTODAY: **SEMICON 2026: Syrma SGS, Dixon Tech, Kaynes Technology, Moschip Technologies shares rise up to 10%** — SEMICON 2026: Syrma SGS, Dixon Tech, Kaynes Technology, Moschip Technologies shares rise up to 10% — [Source](https://www.businesstoday.in/markets/stocks/story/semicon-2026-syrma-sgs-dixon-tech-kaynes-technology-moschip-technologies-shares-rise-556079-2026-09-17)
- 2026-09-17 — BUSINESSTODAY: **HCL Tech, BEL, CG Power, Vedanta, Dixon Tech, Tata Elxsi shares in focus today; here's why** — PM Narendra Modi, SEMICON India event, HCL Technologies shares, Bharat Electronics stock, CG Power & Industrial Solutions share price today, Vedanta stock price, Dixon Technologies, Kaynes Technology India, Tata Elxsi, Moschip Technologies shares price today, MIC Electronics, SEMICON India 2026 — [Source](https://www.businesstoday.in/markets/stocks/story/hcl-tech-bel-cg-power-vedanta-dixon-tech-tata-elxsi-shares-in-focus-today-heres-why-556021-2026-09-17)
- 2026-09-16 — The Hindu: **PM to inaugurate three-day Semicon India 2026 on Thursday** — Prime Minister Modi will inaugurate Semicon India 2026, uniting global leaders in the semiconductor industry for collaboration and innovation. — [Source](https://www.thehindubusinessline.com/news/pm-to-inaugurate-three-day-semicon-india-2026-on-thursday/article71472838.ece)
- 2026-09-14 — Economic Times: **Samir Arora-backed Helios Mid Cap Fund exits Dixon Technologies, 2 others; adds 7 stocks** — Helios Mid Cap Fund, backed by Samir Arora, exited Dixon Technologies, Aadhar Housing Finance and Black Box in August. The fund added eight stocks, including Coforge and Lalithaa Jewellery, while increasing exposure to 15 stocks and holding 72 stocks across 23 sectors. — [Source](https://economictimes.indiatimes.com/mf/analysis/samir-arora-backed-helios-mid-cap-fund-exits-dixon-technologies-2-others-adds-7-stocks/articleshow/134231976.cms)
- 2026-09-13 — The Hindu: **Already a hub, UP govt expects more, from ₹62,500crore Mobile Phone Manufacturing Scheme** — Uttar Pradesh's ₹62,500-crore Mobile Phone Manufacturing Scheme aims to boost local production and exports in the electronics sector. — [Source](https://www.thehindubusinessline.com/info-tech/already-a-hub-up-govt-expects-more-from-62500crore-mobile-phone-manufacturing-scheme/article71463132.ece)
- 2026-09-10 — The Hindu: **Xi's India visit to help diplomatic thaw, but business ties bound by suspicion | Analysis** — Xi Jinping's visit to India aims to thaw diplomatic relations, but business ties remain hindered by suspicion and regulatory hurdles. — [Source](https://www.thehindu.com/news/international/xis-india-visit-to-help-diplomatic-thaw-but-business-ties-bound-by-suspicion-analysis/article71450488.ece)
- 2026-09-09 — MONEYCONTROL: **Helios Flexicap Fund cuts HDFC Bank stake, adds Coforge, PB Fintech in August** — helios, hdfc — [Source](https://www.moneycontrol.com/news/business/markets/helios-flexicap-fund-cuts-hdfc-bank-stake-adds-coforge-pb-fintech-in-august-14025636.html)
- 2026-09-07 — MONEYCONTROL: **Govt readies telecom PLI successor with significant outlay and components focus, targets Q1 FY28 rollout** — telecom, PLI, telecom PLI, Dixon, Syrma SGS, Nokia, Ericsson, VVDN, Samsung — [Source](https://www.moneycontrol.com/news/telecom/govt-readies-telecom-pli-successor-with-significant-outlay-and-components-focus-targets-q1-fy28-rollout-14024086.html)
- 2026-09-04 — FREEPRESSJOURNAL.IN: **Dixon Technologies Eyes Aerospace, Defence, Automotive Segments For Next Growth Phase** — Dixon Technologies plans to expand into high-value sectors such as aerospace, defence, automotive, medical and industrial products as part of its next growth phase, CFO Saurabh Gupta said. The electronics manufacturer is focusing on backward integration, exports, IT hardware and telecom partnerships while strengthening engineering capabilities. — [Source](https://www.freepressjournal.in/business/dixon-technologies-eyes-aerospace-defence-automotive-segments-for-next-growth-phase)
- 2026-09-04 — MONEYCONTROL: **From phones to jets? Dixon eyes aerospace, defence and auto for next big push** — Dixon, Dixon Technologies,  aerospace, defence, Dixon electronics manufacturer — [Source](https://www.moneycontrol.com/news/business/companies/from-phones-to-jets-dixon-eyes-aerospace-defence-and-auto-for-next-big-push-14022984.html)
- 2026-09-04 — CNBC-TV18: **Dixon Technologies remains IIFL's top EMS pick as mobile manufacturing scheme rolls out** — IIFL Institutional Equities' Renu Baid Pugalia explains why Dixon Technologies remains her top EMS pick as India's new mobile manufacturing scheme takes effect. She breaks down projected export growth, margin targets through fiscal 2029, and how Dixon compares with Amber, Syrma and Kaynes. — [Source](https://www.cnbctv18.com/market/dixon-technologies-iifl-top-ems-pick-mobile-manufacturing-scheme-rolls-out-pli-kaynes-electronics-vivo-jv-gst-19984139.htm)
- 2026-09-01 — Times of India: **Top stocks to buy or sell today: Stock market recommendations for September 1, 2026 - check list** — India Business News: Stock market recommendations: Indusind Bank, Computer Age Management Services (CAMS), and Dixon Technologies (India) are the top stocks to buy that ha. — [Source](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-september-01-2026-indusind-bank-computer-age-management-services-cams-dixon-technologies-patanjali-foods-to-buy-or-sell-today/articleshow/133655625.cms)
- 2026-08-24 — CNBC-TV18: **Explained | Why are Dixon Tech shares down despite a shot at new incentives** — Despite being India's largest electronics manufacturer, it isn't obvious that Dixon would definitely be able to make the most of the new incentives, according to analysts. — [Source](https://www.cnbctv18.com/market/stocks/explained-why-are-dixon-tech-shares-down-despite-a-shot-at-new-incentives-19975590.htm)
- 2026-08-24 — Economic Times: **PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal** — The governments new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said Dixon Technologies is well positioned to benefit, while higher incentives for incremental sales and domestic sourcing could boost volumes and support greater backward integration across the sector. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/pli-2-0-for-mobiles-set-to-reward-scale-exports-dixon-a-key-beneficiary-motilal-oswal/articleshow/133455488.cms)
- 2026-08-23 — MONEYCONTROL: **Broader indices outperform; Smallcap index scales fresh high** — stock market, bse, nse, broader indices, smallcap index — [Source](https://www.moneycontrol.com/news/business/markets/broader-indices-outperform-smallcap-index-scales-fresh-high-14013166.html)
- 2026-08-12 — BUSINESS: **DIXON incorporates subsidiary for undertaking OEM biz** — Dixon Technologies (India) is currently under the process of incorporating a subsidiary company with the name and style 'Adivistar Electronics India' wherein Dixon would be acquiring 51% equity shares comprising of 25,50,000 equity shares of Rs 10/- each. — [Source](https://www.business-standard.com/markets/capital-market-news/dixon-incorporates-subsidiary-for-undertaking-oem-biz-126081201678_1.html)
- 2026-08-10 — BUSINESSTODAY: **Syrma SGS, PG Electroplast and Dixon: ICICI Direct bets on three EMS stocks** — ICICI Direct EMS picks, Pankaj Pandey stocks, EMS stocks India, Sharma stock outlook, PG Electroplast outlook, Dixon Technologies outlook, electronic manufacturing services India, ODM space India, consumer durables stocks, festive season demand stocks, mobile manufacturing India, Vivo JV approval Dixon, ECMS scheme impact, midcap earnings India, smallcap earnings India, Q1 earnings winners, Indian manufacturing stocks, electronics sector stocks, Dalal Street stock picks, Business Today market news — [Source](https://www.businesstoday.in/markets/stocks/story/syrma-sgs-pg-electroplast-and-dixon-icici-direct-bets-on-three-ems-stocks-548335-2026-08-10)
- 2026-08-04 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: Nifty settles 150 points from pre-CAS levels; Nifty Bank jumps 400 points** — Stock Market LIVE Updates: Today's session is not only the weekly options expiry session for the Nifty 50 contracts, but is also set to see supply of paper worth nearly ₹36,000 crore, which includes the mega LIC Offer for Sale (OFS). Earnings season is drawing to a close and therefore, companies are making a beeline to report numbers as well. Adding to that is the confusion surrounding the Closing Auction Session. Watch this space for all the LIVE stock market updates. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-banks-midcaps-lic-paytm-meesho-kalyan-arvind-bharti-bse-share-price-liveblog-19960944.htm)
- 2026-08-03 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: Nifty hits 24,600 for first time since April 21, 2026** — Sensex Today | Stock Market Live Updates: The markets are trading on a strong footing, even as the Asian markets move lower. The Nifty is up over 150 points, rising above 24,500. The Nifty Bank is also higher, jumping over 300 points, rising to 57,600. ITC, Shriram Fin and IndiGo are top gainers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-oil-fcnr-rupee-itc-maruti-autos-ioc-divis-zee-stl-banks-share-price-liveblog-19959976.htm)
- 2026-08-03 — CNBC-TV18: **Q1 Results LIVE Updates: Park Medi World net profit rises 42%; Muthoot Finance shares fall over 10%, ITC up 4%** — Q1 Results LIVE Updates: SBI Funds Management, Ather Energy, Inox India, IREDA, DOMS Industries, DLF, Escorts Kubota, CAMS, NOCIL, Nazara Tech, PNC Infra, Torrent Power, UPL, Restaurant Brands Asia, PNC Infra, KIMS, KEI Industries, Jindal Stainless, Ethos, GSK Pharma, Bluejet Healthcare, Kansai Nerolac, JM Financial, Kalpataru, Dhanuka Agritech, Texmaco Rail, are among the companies reporting their earnings today. Results reactions will come from stocks like ITC, Maruti Suzuki, Muthoot Finance, Dixon tech, and many others. Watch this space for all the LIVE Q1 results updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-maruti-sbi-mf-upl-dlf-ireda-ioc-dixon-persistent-muthoot-cams-escorts-ather-abb-divis-share-price-liveblog-19959998.htm)

## Business profile

**Strategic vision:** Provides end-to-end electronics manufacturing and design solutions.

### Business segments
- **Electronics Manufacturing Services (EMS):** Manufactures products based on designs provided by its clients.
- **Original Design Manufacturing (ODM):** Undertakes the complete product design and development process for its customers.
- **Reverse Logistics:** Supports the entire product lifecycle, handling post-sales activities such as repairs and refurbishment.

### Competitive strengths
- End-to-end design and manufacturing solutions
- Comprehensive services including EMS, ODM, and Reverse Logistics
- Integrated capabilities spanning digital transformation, R&D, design, manufacturing, and quality assurance

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/dixon
Markdown representation: https://faxioms.com/stocks/dixon?render=md