Bengaluru, June 25 -- The shares of this leading semiconductor stock plunged over 3 percent on Wednesday after a global brokerage flagged key competition issues that may be hampering its business. In this article, we will discuss more about it in detail.

With a market capitalisation of Rs 85,183 crores, the shares of Dixon Technologies (India) Ltd are currently trading at Rs 14,085 per share, down by 26.45 percent from its 52-week high of Rs 19,149.80 per share. Over the past five years, the stock has delivered an impressive return of 1,162 percent.

Leading brokerage firm Philip Capital has slashed its target price to Rs 9,085 per share from Rs 11,077 per share earlier, which is a massive reduction of 18 percent as it sees a major headw...