Dixon Technologies (India) shares rose 6.1% on strong earnings and institutional buying despite 2025's 28% drop.

Dixon Technologies (India) shares rose 6.11% to Rs 12,875 on Thursday, rebounding from a 52-week low of Rs 12,133.50 amid oversold conditions, with the 14-day RSI at 16.3. Despite a 28% drop in 2025 and persistent technical weakness, the stock showed signs of recovery after strong earnings—revenue up 33.2% year-on-year and net profit surged 71.9% in the September 2025 quarter. Institutional investors increased holdings, with Foreign Institutional Investors at 20.69% and Mutual Funds at 22.66%. Analysts remain divided, with some citing potential upside to Rs 13,500 if resistance is breached, while others warn of further downside below Rs 12,000. Brokerages offer mixed ratings, with Nuvama maintaining a hold and UBS upgrading to 'buy' with a target of Rs 23,000, citing growth from backward integration into smartphone components.