Dixon Overview
Dixon Technologies (India) Limited is a leading manufacturer of consumer electronics and home appliances. The company manufactures and sells a wide range of products, including televisions, washing machines, refrigerators, and air conditioners. Dixon also manufactures electronic components and sub-assemblies for other companies.
Dixon Technologies is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India. The company’s stock code on the BSE is 538370, and its stock code on the NSE is DIXON.
Dixon Share Price Performance
Dixon Technologies’ share price has performed well in recent years. The stock has gained over 100% in the past year. The stock has also outperformed the broader market indices.
Dixon Share Price Target 2023
Analysts are bullish on Dixon Technologies’ share price in the near term. The average share price target for the stock in 2023 is ₹5,000.00. This represents a potential upside of over 20% from the current price.
Dixon Share Price Target 2024
Analysts expect Dixon Technologies’ share price to continue to rise in 2024. The average share price target for the stock in 2024 is ₹5,500.00. This represents a potential upside of over 30% from the current price.
Dixon Share Price Target 2025
Analysts are even more bullish on Dixon Technologies’ share price in the long term. The average share price target for the stock in 2025 is ₹6,000.00. This represents a potential upside of over 50% from the current price.
Factors Driving Dixon Technologies’ Share Price
There are a number of factors driving Dixon Technologies’ share price higher. These factors include:
- Strong growth in the Indian consumer electronics and home appliances market
- Dixon Technologies’ leading position in the Indian consumer electronics and home appliances market
- Dixon Technologies’ wide range of products and services
- Dixon Technologies’ strong brand recognition
- Dixon Technologies’ focus on innovation
Risks to Dixon Technologies’ Share Price
There are a number of risks that could impact Dixon Technologies’ share price. These risks include:
- Slowdown in the Indian economy
- Increased competition from other consumer electronics and home appliances companies
- Rising raw material costs
- Adverse government policies
Conclusion
Dixon Technologies is a well-established consumer electronics and home appliances company with a strong track record of growth. The company is well-positioned to benefit from the growing Indian consumer electronics and home appliances market. Analysts are bullish on Dixon Technologies’ share price in the near and long term.
