What investors look at are future returns, in Dixon’s case why the prices fell 40-50% from its high was because of the miss in the guidance provided by Dixon management. As there was delays and order deferring from few customers Dixon could not achieve revenue targets of the 18000 Cr which was highlighted by their management.
Now as few more customers which have been added like Xiaomi, Jio, Samsung in mobile segment there is visibility into the near future and the mobile segment may grew at faster pace and that’s why it started reflecting in its price.
Coming to the future projections if Dixon is not able to meet the investors expectations of high revenue growth from Mobile and Laptop segments which are high growth segments then it’s price will be punished again.
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