New Delhi, March 5 -- Dixon Technologies, one of India's leading electronic manufacturing services (EMS) companies, has been at the forefront of assembling smartphones, consumer electronics, and telecom hardware for domestic and global brands.

Over the past few months, the EMS sector has faced a sharp correction. After a strong rally driven by optimism around the China+1 strategy, the Production-Linked Incentive (PLI) scheme, and rising domestic electronics demand, valuations had become stretched. Profit booking, margin pressures, a slowdown in global demand, and rising competition have triggered a cooling-off phase across EMS stocks.

Between 26 September 2025 and 26 February 2026, Dixon Technologies saw a significant downturn amid a br...