<ul data-eligibleForWebStory="false"><li>Dixon Technologies Ltd. receives a 'buy' rating from B&K Securities with a target price of Rs 18,946, indicating a price-to-earnings ratio of around 62 times on FY27E earnings.</li><li>B&K Securities believes that Dixon Technologies is well-positioned to benefit from the increasing trend towards electronics outsourcing, with potential growth in various segments and revenue.</li><li>The target price is based on a DCF valuation method considering a WACC of about 13% and a terminal growth rate of 5.5%. Dixon Technologies is expected to maintain a healthy RoCE of approximately 30% by FY27E.</li><li>Potential risks for Dixon Technologies include low ODM penetration in key segments, talent and organizational challenges during scaling, execution risks related to component integration, and geopolitical risks impacting export markets and supply chain diversification.</li></ul>

Dixon Technologies Gets 'Buy' Rating As B&K Securities Initiates Coverage

Discover more