Dixon Tech Rallies on Strong Q1; Brokerages Split on Outlook

Dixon Technologies surged 3% after posting a 68% YoY rise in Q1 FY26 net profit to ₹225 crore and 95% jump in revenue. While brokerages like Nomura and CLSA remain bullish, citing robust execution and margin expansion, Morgan Stanley stays cautious with an 'Underweight' call, citing a broad-based Q1 miss.