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Dixon Tech Shares Rallies More Than 4% Amid Media Reports Of Vivo JV Deal Approval
This comes on the back of an NDTV Profit report on Tuesday, which pointed to an inter-ministerial committee granting approval to the Vivo JV after a meeting on Saturday, though the approval has not been confirmed by the government.
Dixon Tech Remains Top Pick For Morgan Stanley Amid Vivo JV Approval Buzz — Check Target Price
JPMorgan expects the operations to start after 60-90 days in the third quarter of FY27, once the JV gets approved and assumes it could contribute 11 million to mobile volumes for Dixon Tech in FY27 and 22 million in FY28.
Govt likely to clear Dixon-Vivo JV deal this month
The government is set to approve the Dixon-Vivo joint venture this month. Dixon Technologies will hold a majority stake in this new venture. This partnership aims to manufacture electronic devices, including smartphones. Vivo's Noida facility will be integrated into the joint venture. This move will significantly reduce Vivo's operational risks in India.
Dixon Tech Set For Rs 30,000 Crore Boost As Govt Likely To Approve Vivo JV
The management of Dixon Tech has indicated that the deal could represent a Rs 30,000 crore revenue opportunity
Dixon Tech Shares Surge Sharply As Government Likely To Approve Vivo JV
The approval of the Vivo JV could be significant for Dixon Technologies, potentially adding 20-22 million units of production on an annual basis.
Dixon Tech Says Vivo Deal Delay 'Beyond Expectations', Sees Rs 30,000 Crore Revenue Boost
Gupta added that the partnership alone could add up to Rs 30,000 crore to Dixon Tech's topline, which will be fully reflected as soon as the next financial year.
Dixon Technologies jumps on Vivo JV optimism despite muted Q4
Shares of Dixon Technologies jumped 8.58% to Rs 11,007.90 despite muted Q4 FY26 earnings, as investors focused on progress in the company's proposed joint venture with Chinese smartphone maker Vivo.
Dixon Technologies: Vivo JV delay, PLI expiry cloud near-term outlook
Dixon Technologies' Q4FY26 results have raised concerns over weak smartphone demand, fading PLI incentives and delay in Vivo JV approval.
Dixon Tech shares gain over 4% even as bears highlight earnings concerns, bulls cut estimates
On the Vivo JV front, the management of Dixon Tech said that the discussions with the government are at an advanced stage and that they are "very close" to a positive outcome.
Dixon Tech Had a Good Quarter — But Dalal Street Can't Agree On Whether It Matters
Until the Vivo JV clarity arrives, Dixon Tech is expected to continue traversing muddy waters, with the stock having already fallen 37% in the last 12 months.
Dixon Tech CEO Says 'Very Close' To Final Nod For Vivo JV; Expects Production Boost
The proposed JV, announced in December 2024, aims to manufacture smartphones and other electronic devices in India.
Dixon pins FY27 growth hopes on Vivo JV approval, steady mobile demand
Dixon Technologies said the company is in advanced-stage talks with the government regarding the Vivo joint venture and remains confident that approval is only a matter of time away