Indian IPO and Research Report: post #15938 — TG.ME

HSBC on Dixon

MAINTAIN Buy,

TP Rs 16000

Gazette notification states that incentives shall be disbursed to the mobile phone manufacturers, including EMS

Computation of incentives is on “eligible sales” and not total sales, which reduces the overall benefit for a co

Scheme is therefore positive for Dixon, component level PLI are additional
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