New Delhi, June 25 -- Dixon Technologies share price in focus: Shares of Dixon Technologies tumbled 2.5% in Wednesday's trade (June 25), falling to Rs.14,585 apiece, even as the broader Indian stock market traded in positive territory. This drop in one of the country's leading EMS (Electronics Manufacturing Services) companies came after global brokerage firm Phillip Capital downgraded its estimates for Dixon, citing rising competition in the mobile phone assembly space.

According to the brokerage, Dixon's largest client, Motorola, has started outsourcing domestic volumes to Karbonn, which currently accounts for 25% of Motorola's monthly volume, a figure expected to rise to 35% by June. As part of its diversification strategy, Motorola h...