There is continuous selling in the share prices of Dixon Technology Limited. Today on Tuesday this stock has fallen by more than 5 percent. This is the third consecutive trading day when the company’s shares have fallen. The company’s shares had today reached their lowest level in 18 months. Let us tell you, the market cap of Dixon Technology has fallen below Rs 70,000 crore. The share of Dixon Technology had opened at the level of Rs 11902.80. During the day, the price of the company’s shares fell by 5.58 percent and reached an intra-day low of Rs 11182.10. This is the 52 week low level of the company. The 52 week high of the company is Rs 18471.50. The company’s shares are trading down more than 40 percent from their 52 week high. Let us tell you, the shares of the company have declined in 6 out of 9 trading sessions in 2026.
What are experts saying
According to the report of CNBC TV 18, brokerage house HSBC has given BUY rating. However, the brokerage house has reduced the target price from Rs 19600 to Rs 15500. The brokerage house has expected a cut in Dixon Technology’s earnings for the year 2026 to 2028. Investec has expected a rise in Dixon Technology. In the notes issued on Tuesday, the brokerage house has set a target price of Rs 18900.
Last year has been full of challenges
Dixon Technology’s share prices have fallen by 28 percent in the last one year. At the same time, the price of the company’s shares has increased by 71 percent in two years. Let us tell you, the company’s share prices have increased by 210 percent in 5 years.
(This is not investment advice. The stock market is subject to risks. Take informed decision before making any investment. The views of the experts presented here are personal. Live Hindustan does not advise buying or selling shares on this basis.)
