Shares of Dixon Technologies (India) Ltd are likely to be in focus today after the electronics manufacturing services company announced a strategic acquisition and joint venture, boosting its component manufacturing capabilities.
Dixon Technologies was recommended as a ‘Buy’, with a stop loss at Rs 15,500 and target levels at Rs 16,000, Rs 16,250, and Rs 16,550, reflecting strong bullish sentiment ahead of market open.
Dixon to Acquire 51 Per Cent in Q Tech India for Camera, Fingerprint Modules
In a regulatory filing on Tuesday, Dixon said it has signed a binding term sheet on July 15, 2025, to acquire a 51 per cent stake in Q Tech India, the Indian subsidiary of Kunshan Q Tech Microelectronics. The deal will be executed through a mix of primary and secondary investments, though financial details were not disclosed.
The acquisition is aimed at scaling up the manufacturing and supply of camera modules and fingerprint sensors for mobile handsets, IoT systems, and automotive applications.
“Dixon and Q Tech Group are pleased to announce the execution of a binding term sheet… for the purpose of collaboration in the manufacturing and supply of camera and fingerprint modules,” the company said in its exchange filing.
Brokerage View: Positive for Long-Term Growth
Market experts view the acquisition and JV as a strategic step toward expanding Dixon’s footprint in component manufacturing and supply-chain localisation.
“This is a strong forward integration move. It positions Dixon to meet growing demand in the domestic electronics and mobile accessories segment,” said a senior analyst at a Mumbai-based brokerage.
Technical Outlook: Buy Above Rs 15,500
Technically, Dixon is trading in a bullish range and has shown resilience against broader market weakness. Traders are watching the following key levels:
Buy: Above Rs 15,500
Targets: Rs 16,000 → Rs 16,250 → Rs 16,550
Stop Loss: Rs 15,500
The stock could gain momentum as investors digest the strategic implications of its latest corporate moves.
