Dixon Tech and Whirlpool of India saw a decline in trading after this brokerage’s pricing decrease

Tuesday, February 27, 2024, saw a decrease in early trade on the BSE for Dixon Tech and Whirlpool of India, after a downgrade by stockbroker Jefferies.

Dixon Tech Stock Value
At 9:50 a.m. on Tuesday, Dixon Tech was down 2.93 per cent, or Rs 203.20, at Rs 6739.80.

The stock began trading on Tuesday at Rs 6748.55 and reached its highest point of the day at Rs 6828.90 before closing the trading session on Monday at Rs 6943.00.

Jefferies at Dixon Technical
Reducing the target price from Rs 6440 to Rs 5920, Jefferies has downgraded the IT company from ‘hold’ to ‘underperform’.

India’s Whirlpool Share Price
India’s Whirlpool lost 2.58 percent, or Rs 32.55, to close at Rs 1229.20 on Tuesday.

The stock, which closed Monday’s trading session at Rs 1261.75, started Tuesday’s trading at Rs 1218.05 and reached the day’s high of Rs 1233.95. Rs 1186.85 is the day’s low.

Jefferies on the Indian Whirlpool
With a target price reduction to Rs 1125 from Rs 1265, Jefferies has downgraded the appliance manufacturer from ‘hold’ to ‘underperform’.