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Dolat Capital Report
Dixon Technologies India Ltd. had a good Q2 with numbers ahead of estimates, with margins at 3.9%, with its targeted band. Working capital intensity continues to remain low for its business.
It continues to make various levels of progress in each of the areas it has applied under the production linked incentive and is confident of outperforming the PLI ceilings.
Dixon Technologies has multiple tailwinds with its increase in capacity, backward integration capability and new client additions.
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