ICICI Securities has advised investors to sell Dixon Technologies and buy Concor in the futures market.
Dixon Technologies is a leading consumer electronics contract manufacturer in India. The company manufactures a wide range of products, including TVs, washing machines, refrigerators, and air conditioners.
ICICI Securities has advised investors to sell Dixon Technologies futures because the company’s stock has been outperforming the market in recent months. The brokerage believes that the stock is now overvalued and is due for a pullback.
Concor is a leading container terminal operator in India. The company operates container terminals at all major ports in the country.
ICICI Securities has advised investors to buy Concor futures because the company is benefiting from strong growth in container traffic. The brokerage believes that the company’s stock is still undervalued and has the potential to outperform the market in the coming months.
Overall, ICICI Securities believes that the risk-reward ratio is more favorable for Concor than for Dixon Technologies at the current juncture.
Disclaimer: This is not financial advice. Investors should do their own research before making any investment decisions.tunesharemore_vert