Dixon Tech Sees Festive Boom: GST Cuts Fuel TV & AC Demand Surge | Vikas Gupta | Business News #ETNOW
Dixon Tech Sees Festive Boom: GST Cuts Fuel TV & AC Demand Surge | Vikas Gupta | Business News
Dixon Technologies’ Vikas Gupta reports robust festive demand for TVs and ACs post-GST cuts, with inventories clearing faster than expected. Copper price hikes pass through to clients via quarterly resets, minimizing margin impact. Expects strong AC sales in 2026; new 1.2M fridge plant by Dec 2026 to add 700-800Cr revenue, 8-10% of total. FY26 guidance: ₹5,700Cr upheld.
#dixontechnologies #festivesales #gstcuts #acdemand #copperprices #electronicsboom #fy26guidance #diwaliwithetnow #muhurattrading #muhurattradingwithetnow #etnow
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