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Brokerage confidence lifts Dixon Technologies amid EMS volatility
Dixon Technologies shares rose after CLSA reaffirmed its bullish view, noting that electronics manufacturing demand remains structurally strong despite recent sector volatility and short-term investor concerns.
Shares of Dixon Technologies advanced about 3% after CLSA reiterated its ‘Outperform’ rating, despite near-term concerns around the EMS sector. Analysts said demand fundamentals remain intact, supported by diversified clients and strong order visibility. CLSA maintained that recent corrections reflect sentiment-driven pressure rather than structural weakness, and expects Dixon to benefit as electronics manufacturing demand stabilises over the medium term.