Following a wave of positive reviews from brokerages, Dixon Technologies saw its stock soar. Nomura has maintained a ‘Buy’ rating, emphasizing strong export figures and rising smartphone demand as key drivers. Equirus, on the other hand, has opted for an ‘Add’ rating, noting several short-term growth prospects. Doubts surrounding Xiaomi’s volume adjustments have been largely disregarded.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets