Dixon Technology Stock Market Share Complete Analysis - News Sect - NewsSect

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Tuesday, August 25, 2020

Dixon Technology Stock Market Share Complete Analysis - News Sect

Dixon, Technology, Dixon Technology, Dixon Mills
Dixon

News Sect :-
     In late of 90's if you remember we used to watch the movies in VCR. Dixon Technology started with same technology of VCR and CTV and then they tied up with the Global Consumer Electronics Giants and Dixon Technology said that they will manufacturer the things on behalf of you. Then Dixon Technology built their first plant in Noyda and give name to plant as a Prescriptive EMS operations. So the Dixon is Electronic Manufacturing Services company. So the another company gives their details, specifications and their intellectual product to the Dixon Technology to manufactue. After that Dixon Technology started building up their own product which were called as OEM ( Original Design Model ). So the IP's of those product are of their own.
After that in year 2000 they started manufacturing DVDs, CFL Bulbs, and STBs. After that they started sheet metal and plastic moulding. Then they started assembly of Mobile Phones, LCD/LEDs, CCTVs and manufacturing of washing machine, LED lights and security camera.
Revenue of this Dixon company most generates from the consumer electronics source which is 40% of complete revenue after that 30.8% from the lighting solution and so on. In consumer electronics the main focus of the Dixon company is on the manufacturing of TV's. Their main customer  is Xaomi and if you look at the market captured percentage of Xaomi TV's is more than 39%.  After that 15% of LG, 14% of Sony and 12% of samsung. 

Brands Dixon Serves :-
Lighting :-                     Panasonic
                                       Philips
                                       Wipro
                                       Bajaj
                                       Anchor
                                       Syska
                                       Usha
LED TV :-                       Xaomi
                                       Panasonic
                                       LG
                                       Samsung
                                       TCL
                                       Philips
Mobile Phones :-          Samsung
                                       Gionee
                                       Karbon
Washing Machines :-   Samsung
                                       Haier
                                       Croma
                                       Panasonic
                                       Intex
                                       Koryo
                                       Intex
                                       Micromax
                                      Godrej

Stock Market :-
Today that is on 25th of August 2020 market moves 1.15% up. In one year Dixon Technology has given return of 239.59 % and
180.95% in a 5 year. So just imagine double of your portfolio In just a year. Today it made a low of rupees 8146.65 and high of a 8262.40 rupees. This is a multi bagger stock ao don't even miss a single opportunity to invest in Dixon Technology. 

Stock Bull, Stock, Bull, Bullish
Stock Bull

Intrinsic Value :-
The intrinsic value of Dixon Technology is less than its current value so there are chances of reduction of its price in the future. 

Return Vs FD Rates :-
If you had invested in fixed deposit you would have never made a profit of 200%, you could be able to generate onltly 5 to 6% of your investment. So the Dixon Technology is definitely giving more returns than the Fixed Deposit.

Dividend Yield :-
Dixon's dividend yield is very less which is around 0.05% only.

Entry point :-
As the stock is not in oversold zone as well as not in overbought zone so you can buy the stock at current price.

PE :-
As the Sector PE of the Dixon Technology is 67.10 and Stock PE ratio is 76.98. Yes, the stock PE is more than its sector PE but there is not huge difference in both PE's. 

Financial Trend :-

Stock Market, Share Market Chart
Share Market

Year 2017
Revenue :- 2.46 thousands cr
Profit :-       0.05 thousands cr

Year 2018
Revenue :- 2.85 thousands cr
Profit :-       0.05 thousands cr

Year 2019
Revenue :- 2.99 thousands cr
Profit :-       0.06 thousands cr

Year 2020
Revenue :- 4.41 thousands cr
Profit :-       0.12 thousands cr

As you can see it's financial trend is increasing linearly. Even in panademic it gives better result and there is a reason behind it because people started buying phones, televisions and washing machines etc. So even in pandemic of covid-19 the stock gave better result.

Shareholding Pattern :-
As all the holding parties have almost equal percent of the stock.
Total Promoters Holding :- Promoters have hold the 36.11% of stock.

Mutual Fund Holding :- 20.99% of the stocks the mutual funds have which is good thing.

Domestic Institutional Holding :- There is 21.94% of holding of Domestic Institutional Holding.

Foreign Institutional Holding :- The business is definitely a versatile business so foreign institution also have holds the stock which is 12.27%.

Other Parties :- In last other parties have hold 29.68 % of the stock.
All above data are recorded in June 2020.
RSI :- 70.16
M FLOW :- 57.65
MACD :- In a monthly data the MACD shows completely strong bullish movement.

When To Buy :- The current price of the stock is 8218 rupees and it is continuously moving above its 20 day moving average. You can wait for few days to come this share down and i would suchat you to but this stock at share price of 7700 rupees.

Thanks & Regards,

News Sect

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