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Nuvama downgrades Dixon Technologies to 'Hold' after Vivo JV

after close1 source ↓written by the desknot a recommendation

each
4%

Nuvama Institutional Equities downgraded Dixon Technologies to Hold from Buy, raising its target price to ₹13,000 from ₹11,700. This adjustment follows government approval for its joint venture with Vivo Mobile India, enabling production of electronic devices. Nuvama has updated its FY27 and FY28 EPS estimates by 4% each, reflecting earlier contributions from the JV.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 13 Jul 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

DIXON closed −0.9% on the day of the news, from ₹13,490.00 to ₹13,365.00; Nifty −0.7% over the same session; futures OI +2.4%.

Bulletin at 16:04 IST on 13 Jul 2026. Every change is measured from ₹13,490.00, the last close before it, on 13 Jul. Nifty 50 is measured over the same sessions.

  • DIXON close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
DIXON closes around the bulletin against the close before the news, with Nifty 50 rebased to it117851349015195axis spans 29%before the news · 13 Jul13490Nifty 50DIXONbulletinD0+1+3+57 Jul17 Jul28 JulFutures open interest, lotspeak 56,000Reference close ₹13,490.00. 16 sessions from 7 Jul to 28 Jul; the price axis spans 29 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before13 Jul₹13,490.00basebase
On the day14 Jul₹13,365.00▼ −0.9%▼ −0.7%−0.3 pp difference
+1 session15 Jul₹13,651.00▲ +1.2%▼ −0.6%+1.7 pp difference
+3 sessions17 Jul₹14,329.00▲ +6.2%▲ +0.5%+5.7 pp difference
+5 sessions21 Jul₹14,118.00▲ +4.7%▼ −0.1%+4.8 pp difference
Gap at the open, % · ₹
▼ −0.7%−99.83 on 14 Jul
Day's range, % · ₹
1.9%≈ 250 high to low
Volume on the day
0.55×the 20-session average
Futures OI on the day
▲ +2.4%+1,200 lots · short build-up · price −0.9%
Futures OI open, lots
54,00014 Jul · 28 Jul expiry
Futures premium, ₹
−92.00−0.7% to spot
Puts per call, by OI
0.76from 0.79 the session before
Max pain
13,000from 13,000 the session before

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