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Motilal Oswal prefers Amber and Dixon, stays cautious on Bata
Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services, remains cautious on Bata despite the appointment of a new CEO, citing market share losses and valuation concerns. He is positive on Amber Enterprises due to its Oppo manufacturing partnership and expects mobile operations to contribute meaningfully from FY28-FY29. He also sees upside in Dixon Technologies driven by the proposed Vivo joint venture. For Reliance Industries, easing inflation, strength in oil-to-chemicals and updates from the AGM remain key factors for investors. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
One of Dixon Tech's biggest bulls sees further legs to its growth outlook
The government may approve the long-pending Dixon-Vivo joint venture this month. An inter-ministerial panel has reportedly granted in-principle approval, with final clearance expected following due process at the MeitY. Macquarie believes the approval could provide a meaningful new growth avenue for Dixon.
Dixon Tech Clarifies No Fresh Development In Proposed Vivo Partnership
The company said it had signed a binding term sheet with Vivo India in December 2024 to form a joint venture focused on original equipment manufacturing (OEM) of electronic products, including smartphones.
Dixon Tech jumps on reports of likely approval for Vivo joint venture
Dixon Technologies (India) surged 4.78% to Rs 12,820 after reports indicated that the government may soon approve the company's proposed joint venture with Chinese smartphone maker Vivo.
Dixon Tech shares jump 12% in four sessions, cross JPMorgan's target on Vivo deal hopes
Earlier this month, Dixon Tech's founder and chairman Sunil Vachani told CNBC-TV18 that he is hopeful of getting the Vivo JV approval soon and that the proposal is under active consideration.
Dixon Tech shares rally 5% amid reports of government nod for Vivo JV this month
Dixon Technologies shares surged rose sharply on Wednesday after reports suggested the government may approve its long-pending joint venture with Vivo this month. The proposed JV, in which Dixon will hold a majority stake, is expected to strengthen smartphone manufacturing capabilities in India while reducing Vivo’s regulatory risk exposure in the market.
Vivo JV approval buzz lifts Dixon Technologies share price 5%
Today's rally was buoyed by a report that the government is likely to clear Dixon-Vivo JV this month, which will reduce the risk exposure of the Chinese mobile company to India.
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 to BEL - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segment - Mint
Dixon to BEL - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segmentMint
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