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EMS Stock That Manufactures Vivo’s Smartphones to Buy Now for an Upside of 24%; Do You Own It?

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EMS Stock That Manufactures Vivo’s Smartphones to Buy Now for an Upside of 24%; Do You Own It?

Synopsis:-Citing smartphone volume pressure from rising memory chip prices and uncertainty around the Vivo joint venture approval, global brokerage UBS has cut its price target on Dixon Technologies by 33% to Rs.13,800 while maintaining its 'Buy' rating, arguing that near-term risks are now largely priced into the stock. Shares of India's largest EMS company are back in the spotlight, as…

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