Nuvama on Dixon

Mobile phone festive volume decline; NEGATIVE for DIXON Mobile phone volume estimated to have declined by 12% during the first three days of the festive season Smartphone prices have increased 35-40% this year, which has impacted the demand Especially for the lower and medium end section Dixon primarily caters to the mid end segment of smartphone Prolonged weakness in smartphone industry volume off take could have an impact on Dixon's volume as well

DIXON TECHNO (INDIA) LTD

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