Dixon Technologies Stock Drops Following Downgrade; Soaring Memory Costs Impact Future Prospects

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Dixon Technologies Shares Plunge on Downgrade, Rising Memory Prices Cloud Outlook

Dixon Technologies Shares Plunge on Downgrade, Rising Memory Prices Cloud Outlook

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CNBC TV18•19-02-2026, 09:17

Dixon Technologies Shares Plunge on Downgrade, Rising Memory Prices Cloud Outlook

•Dixon Technologies shares opened lower after a global brokerage downgraded the stock and cut its target price.
•CLSA downgraded Dixon to 'Hold' from 'Outperform' and slashed its price target by 23% to ₹12,100.
•The memory industry is entering a super cycle due to AI-led demand, leading to tightening supply and rising costs.
•India's reliance on imports makes it vulnerable to this global supply squeeze, impacting manufacturers.
•Higher memory costs could increase smartphone average selling prices by 10-25%, risking low-end demand.

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