Dixon Technologies Share Price Target 2023, 2024, 2025, 2027, 2030
Hello friends! Today we will discuss the Dixon Technologies Company Share Price Target 2023, 2024, 2025 and 2030. In this article, we will try to predict what the future share price target may be for Dixon Technologies Company. This article will provide you with a technical and fundamental analysis of Dixon Technologies Company shares.
About Dixon Technologies Company
Dixon Technologies Company manufactures electronic products on contract. Most companies selling technology gadgets in India are included in its customer list. Dixon Technologies company manufactures LED TVs, washing machines, led bluffs and tubelights, mobile phones, smartphones and CCTV cameras in the products portfolio.
The business of electronic gadgets in India is growing very fast and the company is the leading company of India in terms of manufacturing electronic gadgets on contract. In the LED TV segment, the company caters to 35% of India’s needs. The company currently has 18 manufacturing plants across the country to manufacture its products.
If we take a look at the financial condition of the company, the company’s sales have seen a compounded sales growth of 35% in the last five years and during this time the company’s sales have increased from Rs 2800 crore to Rs 12000 crore.
During this time, the company’s net profit has also seen a compounded growth of 32% and the company’s net profit has increased from Rs 60 crore to Rs 240 crore.
If we take a look at the debt of the company, then the company has a debt of Rs 415 crore at this time, while the company also has a cash reserve of Rs 1100 crore, so you can also call this company almost debt-free company.
Dixon Technologies Share Price Target 2023
If we talk about dixon technologies company’s stock’s future share price target, then the company’s stock is a multibager stock. But right now the company’s stock is seeing a significant decline from its high price.
If we talk about Dixon Technologies share price target 2023, then the company is india’s leading company in terms of manufacturing electronic gadgets in India and the company is also seeing the benefit of this. This may be the right time to shop at the company’s stock at this time. In the coming time, the price target of the company’s stock can again be seen from Rs 3550 to Rs 3750.
Dixon Technologies Share Price Target 2025
The company will also have to focus on the design and innovation of its product in the coming time and at the same time consider increasing the manufacturing capacity of its product, so that the company can provide good service to its customers in the future and can be able to add new customers to increase their business.
If we talk about Dixon Technologies share price target 2025, then the business of electronic gadgets in India is growing very fast, due to which the company’s revenue will also be seen increasing significantly in the coming time. Due to which the stock of the company will also see a boom and the stock of the company will again be seen going towards its lifetime high price of Rs 5550.
Dixon Technologies Share Price Target 2027
The company offers complete solutions to its customers in all verticals from manufacturing and designing to assembly and delivery sport. The company will also be seen adding some new products to its product portfolio in the coming time, due to which the company management will also be seen setting up some new manufacturing plants in the coming time.
At present, the company has a total of 18 manufacturing plants to manufacture its products. If the company management is able to increase the manufacturing capacity of its product in the future, then the future Dixon Technologies share price target can be seen in 2027 from Rs 6750 to Rs 7050 amidst market fluctuations.
Dixon Technologies Share Price Target 2030
In the coming time, more and more people in India will be seen connecting to digital technology. If the company management is able to increase its production power in the coming time, then in the future, there will be opportunities for good growth in the company’s revenue.
The company is currently almost debt-free and the company’s ROE of 24% can be considered as a very good performance. The company is India’s leading company in terms of manufacturing electronic gadgets, if the company management manages to manage its business properly and adds new customers with the manufacturing capacity of its product, then the company’s increasing sales growth along with the Dixon Technologies share price target in 2030 if the company does not see split in the stock. The price of the company’s stock can also be seen from Rs 9800 to Rs 1300.
Is it the right time to shop for the company’s stock?
The company’s stock is currently seeing a decline much more than its high price of Rs 5500, but the company’s stock is still running much more expensive than its book value price of Rs 187. If there is a decline in the stock market in the coming time, then there may be a further decline in the company’s stock and the company’s stock will be seen trying to adjust its correct valuation.
