Redington Ltd (REDINGTON)
₹223.6▲1.41%
Redington Ltd share Performance
- ₹220.85₹237.55₹223.6
1.23%
Low
Day's Volatility:7.47%
High
6.24%
- ₹136.2₹237.55₹223.6
39.09%
Low
52 Weeks Volatility:45.33%
High
6.24%
| Returns % | |
| 1 Month Return | 6.32 % |
| 3 Month Return | 27.46 % |
| 1 Year Return | 30.47 % |
| Market Stats | |
| Previous Close | ₹220.50 |
| Open | ₹220.85 |
| Volume | 80.55L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹17,238.13Cr |
Analyst Rating
based on 5 analysts
Based on 5 analysts offering long term price targets for Redington Ltd. An average target of ₹208.6
Source: S&P Global Market Intelligence
Company Information
Redington's operations span a wide range of products and services, including IT hardware, consumer electronics, lifestyle products, enterprise solutions, and more. Redington is a major player in the IT hardware market, offering products from top brands such as Dell, HP, Lenovo, and Acer. The company also distributes consumer electronics from brands such as Apple, Samsung, Sony, and LG. Redington's lifestyle products include watches, sunglasses, apparel, and accessories from popular brands such as Fossil, Ray-Ban, and Tommy Hilfiger.
Redington's enterprise solutions are tailored to meet the needs of businesses, providing services such as cloud computing, data analytics, and enterprise mobility. The company also offers a wide range of software solutions from popular brands such as Microsoft, Oracle, and Adobe.
Share Price: ₹223.60 per share as on 25 Apr, 2024 04:01 PM
Market Capitalisation: ₹17,238.13Cr as of today
Revenue: ₹23,504.97Cr as on December 2023 (Q4 23)
Net Profit: ₹347.88Cr as on December 2023 (Q4 23)
Listing date: 15 Feb, 2007
Chairperson Name: J Ramachandran
| Organisation | Redington Ltd |
| Headquarters | |
| Industry | Trading |
| E-voting on shares | Click here to vote |
Key events for Redington Ltd
Redington Ltd Stock Shows Bullish Trend - 09 Apr, 2024
The primary trend of Redington Ltd stock has been bullish with higher tops and higher bottoms on the weekly chart. The stock is placed above all important moving averages, indicating a bullish trend on all time frames. Indicators and oscillators have been showing strength in the current uptrend.
Redington Partners with Zoho for Cloud Solutions - 05 Apr, 2024
Redington Limited has entered into a strategic partnership with Zoho Corporation to offer cloud solutions for office productivity, team collaboration, and customer engagement to businesses of all sizes in India. The company's share price rose by 4.65% on BSE after the announcement.
HDFC Securities Recommends Buying Redington with Target Price of Rs 255 - 03 Apr, 2024
Redington Ltd's stock has broken out from consolidation and is accompanied by a rise in volumes. The primary trend of the stock has been bullish with higher tops and higher bottoms on the weekly chart, making it a good buy according to HDFC Securities.
Fundamentals of Redington Ltd
Insights on Redington Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 32.85% to 33.95% in Mar 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 11.90% to 12.08% in Mar 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 21.25K Cr → 23.54K Cr (in ₹), with an average increase of 5.0% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, 248.78 Cr → 340.78 Cr (in ₹), with an average increase of 14.5% per quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, REDINGTON stock has moved up by 27.5%
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, REDINGTON has outperformed top 5 stocks with highest market-cap in Computer Hardware
NO EFFECTAgainst Peers
In the last 1 year, Empower India Ltd has given 722.6% return, outperforming this stock by 692.1%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 25.06% to 23.30% in Mar 2024 quarter
Redington Ltd Valuation
Redington Ltd in the last 5 years
Lowest (4.29x)
March 27, 2020
Today (14.33x)
April 24, 2024
Industry (104.10x)
April 24, 2024
Highest (22.53x)
July 13, 2021
Mutual Fund Holdings
| Funds | Holdings |
 HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option | 1.22% |
| HDFC Hybrid Equity Fund Direct Growth Option | 1.49% |
| HDFC Small Cap Fund-Direct Growth Option | 1.03% |
 Tata Small Cap Fund Direct Growth | 3.01% |
| Tata Large & Mid Cap Fund Direct Plan Growth | 1.38% |
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 33.95% | 0.00 | |
| Mutual Funds | 12.08% | 0.00 | |
| Retail Investors | 23.3% | 0.00 | |
| Others | 30.67% | 0.00 |
Technicals of Redington Ltd share
News & Events of Redington Ltd
Frequently Asked Questions
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Redington Ltd shares.
Redington Ltd (REDINGTON) share price today is ₹223.6
Redington Ltd is listed on NSE
Redington Ltd is listed on BSE
- Today’s highest price of Redington Ltd is ₹237.55.
- Today’s lowest price of Redington Ltd is ₹220.85.
PE Ratio of Redington Ltd is 14.33
PE ratio = Redington Ltd Market price per share / Redington Ltd Earnings per share
Today’s traded volume of Redington Ltd(REDINGTON) is 80.55L.
Today’s market capitalisation of Redington Ltd(REDINGTON) is ₹17238.13Cr.
| Redington Ltd(REDINGTON | Price |
|---|---|
52 Week High | ₹237.55 |
52 Week Low | ₹136.2 |
Redington Ltd(REDINGTON) share price is ₹223.6. It is down -5.87% from its 52 Week High price of ₹237.55
Redington Ltd(REDINGTON) share price is ₹223.6. It is up 64.17% from its 52 Week Low price of ₹136.2
| Redington Ltd(REDINGTON | Returns |
|---|---|
1 Day Returns | 3.1% |
1 Month Returns | 6.32% |
3 Month Returns | 27.46% |
1 Year Returns | 30.47% |