Dixon Technologies may fall another 5-10%, says Dharmesh Kant
In short
Dharmesh Kant said Dixon Technologies could fall another 5% to 10%, according to a market update. He said margin pressure may continue and that the Vivo partnership may help only in FY28.
He also sounded cautious on Muthoot Finance, saying asset quality and collections could stay weak for the next two quarters. The report does not give a price target or say when the move could happen.
What the reporting says
Dharmesh Kant said Dixon Technologies could correct another 5% to 10%, according to a CNBC-TV18 market summary. He cited continued margin pressure and said benefits from the Vivo partnership may only come in FY28. He was also cautious on Muthoot Finance, warning that asset quality and collections could stay under pressure over the next two quarters. The reporting does not give a target price or date.
Why it matters
A CNBC-TV18 market summary quoted Dharmesh Kant as warning that Dixon Technologies may correct another 5% to 10% because margin pressure could continue, with benefits from the Vivo partnership possibly arriving only in FY28. In the same note, he stayed cautious on Muthoot Finance due to possible pressure on asset quality and collections over the next two quarters. The report is opinion-based and does not cite new company disclosures.