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Dixon Tech, Syrma SGS, Amber shares surge up to 6%. What does customs duty relief mean?
Shares of Dixon Technologies, Syrma SGS Technologies and Amber Enterprises rallied after the Centre expanded customs duty exemptions on electronics manufacturing machinery and components until 2029. The move is expected to reduce import costs, improve margins, encourage fresh investments and strengthen India's electronics manufacturing ecosystem across batteries, displays and smartphones.
Dixon, Kaynes Tech Shares Up 5%: EMS Stocks In Focus After Government Waives Customs Duty On Key Parts
Dixon, Syrma SGS, Avalon Technologies and Kaynes shares rallied up to 6% after the government waived customs duty on key electronics components.
Syrma SGS, Dixon Tech, Amber shares gain up to 5% after this positive development
Syrma SGS holds a distinct competitive edge in the domestic manufacturing of magnetic products, including inductor coils, chokes and transformers.
Stocks to watch: Cochin Shipyard, Premier Energies, ideaForge Tech among shares in focus today; check list here - livemint.com
Stocks to watch: Cochin Shipyard, Premier Energies, ideaForge Tech among shares in focus today; check list herelivemint.com
Dixon Tech, Coforge, 8 other stocks among Motilal’s non-Nifty ideas ahead of Q1 results
Motilal Oswal has identified ten non-Nifty stocks for investors ahead of quarterly earnings. The brokerage anticipates healthy revenue growth across various market capitalizations. TVS Motor and Dixon Technologies are among the top picks with significant upside potential. Radico Khaitan and Indian Hotels Company also show promising revenue growth prospects. Coforge and Kirloskar Oil Engines are also highlighted for their future performance.
Kaynes Tech, Syrma Top Jefferies Picks Over Dixon Tech In EMS Space On PLI Component Push
Jefferies says the next phase of India's electronics manufacturing incentive programme is likely to favour component makers over assembly-led EMS companies, backing Kaynes Technology and Syrma SGS while retaining a Hold rating on Dixon Technologies.
Dow Jones, S&P 500, Nasdaq futures indicate positive open for US markets; Meta, Nvidia, other tech stocks in focus - Upstox
Dow Jones, S&P 500, Nasdaq futures indicate positive open for US markets; Meta, Nvidia, other tech stocks in focusUpstox
Dixon Tech jumps as foreign brokerage raises target price to Rs 16,200
Dixon Technologies (India) surged 6.09% to Rs 13,215 after a foreign brokerage reiterated its 'Buy' rating on the stock and raised its target price to Rs 16,200.
Zen Tech, HAL & other defence stocks rally up to 6% on DAC's Rs 52,000-crore approval. Motilal picks 3 shares to buy
Defence stocks rallied sharply on Monday after the Defence Acquisition Council approved procurement proposals worth around Rs 52,000 crore. Zen Technologies, ideaForge, HAL, BEL, Paras Defence and Data Patterns gained, while Motilal Oswal reiterated its 'Buy' ratings on HAL, Bharat Electronics and Astra Microwave.
Dixon Tech share price target raised; Investec now sees 30% upside
Investec sees further upside from a potential recovery in mobile exports, particularly if the proposed PLI 2 scheme is implemented, along with Dixon Technologies' planned entry into the speciality EMS segment through acquisitions.
TCS, Infosys, Tech Mahindra And More Stocks In Focus As Systematix Reinitiates Coverage Ahead Of Q1 Results
With a 31% correction in the Nifty IT index over the past year, valuation multiples have compressed to historically low levels, adds Systematix.
South Korean shares rebound 6% but face second weekly loss
South Korean equities rebounded sharply on Friday, with the Kospi jumping nearly 6%, led by strong gains in heavyweight stocks like Samsung Electronics and SK Hynix. The recovery came after earlier losses driven by a global tech selloff and concerns that the AI-driven rally may be peaking.