Dixon Technologies gets B&K ‘buy’ tag, sees 25% upside on electronics outsourcing tailwind

B&K Securities has initiated a 'Buy' rating for Dixon Technologies, projecting a 25% upside, driven by India's electronics manufacturing push and outsourcing trends. Dixon is expected to benefit from growth in mobile, IT hardware, and EVs, with revenue and PAT CAGRs estimated at 42% and 69%, respectively, between FY25 and FY27.