Dixon stock price target: Investec has revised its target on Dixon to Rs 7,700 from Rs 6,930. The company has built a scalable business by focusing on high-volume consumer segments, it said.
It is unlikely that even if Vachani had a long-term vision, he would have foreseen the kind of hell for leather streak the electronics manufacturing services provider has seen this financial year, in the midst of a pandemic.
Sunil Vachanis startup has grown into a sprawling electronics empire. His Dixon Technologies boasts a market value of more than $2.5 billion and the capacity to produce about 50 million smartphones this year.