Dixon Technologies shares rise as UBS upgrades it to buy rating, sees 27% upside

September 25, 2025

Dixon Technologies shares: UBS upgraded the stock to a ‘Buy’ with a ₹23,000 target, implying ~27% upside. UBS highlighted Dixon’s expansion into non-semiconductor smartphone components, expecting EBITDA margins to rise 110 bps by FY28, outperforming consensus estimates.

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