Dixon Applied sciences Ltd. – Largest LED TV Producer
Dixon Applied sciences (India) Restricted is the most important homegrown design-focused options firm engaged in manufacturing merchandise within the client durables, lighting, and cellphones/smartphones markets in India. Dixon is the most important producer of LED TVs in India producing TVs for the manufacturers like Samsung, Panasonic, Xiaomi, TCL, OnePlus, and plenty of extra. In addition they manufacture lighting merchandise for corporations like Philips, Havells, Syska, Bajaj, Wipro, Orient, and extra. They’re the main contract producer of semi-automatic washing machines for purchasers like Godrej, Samsung, Lloyd, and Panasonic.
DIXON is a serious participant in client electronics and sturdy items contract manufacturing. Current product additions and buyer acquisitions are prone to maintain its development prospects. Moreover, we anticipate the PLI scheme to learn the corporate because of its means to scale up manufacturing. We advocate a BUY ranking within the inventory with the goal value (TP) of Rs.4382, 60x FY24E EPS.
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