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Top stocks to watch: ACC, Dixon Technologies, RailTel, Tech Mahindra, Vodafone Idea, Jay Bharat Maruti, Ksolves India and some other counters will be in focus today.
Dixon Tech, an outsourcing company in India, has entered into a partnership with Xiaomi for manufacturing smartphones. The company has set up a new factory in Noida with an investment of approximately Rs 400 crore. Commercial production is expected to start by the end of this month or next month. Dixon Tech believes that electronic goods for both Indian and global markets will be manufactured in India, and they aim to provide electronic manufacturing services to more brands.
Dixon Tech, an outsourcing company in India, has entered into a partnership with Xiaomi for manufacturing smartphones. The company has set up a new factory in Noida with an investment of approximately Rs 400 crore. Commercial production is expected to start by the end of this month or next month. Dixon Tech believes that electronic goods for both Indian and global markets will be manufactured in India, and they aim to provide electronic manufacturing services to more brands.
Top stocks to watch: Tata Power, YES Bank, Aurobindo Pharma, Dixon Technologies (India) and Bombay Dyeing are among some stocks that will be in focus on Thursday (September 28).
Sanjiv Bhasibelieves that Dixon has already seen a significant increase in price, but the shift towards electronic manufacturing services is still favorable in the long-term. Regarding Avenue Supermarts, Bhasin thinks Trent is a better investment than DMart. He also mentions the potential for gains in Reliance Industries due to record retail sales and increased demand for distillate OTC chemicals.