Redington Analyst Rating
based on 5 analysts
80.00%
Buy
0.00%
Hold
20.00%
Sell
Based on 5 analysts offering long term price targets for Redington. An average target of ₹214.4
Source: S&P Global Market Intelligence
Redington Share analysis
Redington price forecast by 5 analysts
Upside of5.30%
High
₹240
Target
₹214.40
Low
₹158
Redington target price ₹214.4, a slight upside of 5.3% compared to current price of ₹202.45. According to 5 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Redington revenue growth forecast
Expected growth rate Q1, FY2027:35.21%
Forecast
Actual
Including amortisation and stock based compensations
Redington EPS growth forecast
EPS estimate Q1, FY2027:47.53%
Forecast
Actual
Source: S&P Global Market Intelligence
Redington Performance
Day's Low
Day's High
₹201.66Day's Price Range₹208.552 Week's Low
52 Week's High
₹158.6152-Week Price Range₹237.55
| Returns % | |
| 1 Month Return | + 4.27 % |
| 3 Month Return | + 3.28 % |
| 1 Year Return | -0.12 % |
| Market Stats | |
| Previous Close | ₹203.60 |
| Open | ₹205.30 |
| Volume | 8.65L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹15,916.93Cr |
Redington Key Statistics
| P/E Ratio | 13.2 |
| PEG Ratio | -28.09 |
| Market Cap | ₹15,916.93 Cr |
| P/B Ratio | 4.49 |
| EPS | 15.84 |
| Dividend Yield | 2.98 |
| Sector | Trading |
| ROE | 32.13 |
Redington Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹15,916.93 Cr | 50.11% | 0.66 | ₹1,238 Cr | ₹89,345 Cr | |
| NA | ₹15.71 Cr | 72.65% | 1.00 | -₹3 Cr | ₹13 Cr | |
| NA | ₹19.50 Cr | 40.76% | 0.51 | NA | NA | |
| NA | ₹98.55 Cr | -15.38% | 0.51 | NA | NA |
About Redington
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: ₹202.45 per share as on 04 Feb, 2025 04:01 PM
Market Capitalisation: ₹15,916.93Cr as of today
Revenue: ₹24,895.56Cr as on September 2024 (Q3 24)
Net Profit: ₹282.88Cr as on September 2024 (Q3 24)
Listing date: 15 Feb, 2007
Chairperson Name: J Ramachandran
| Organisation | Redington |
| Headquarters | |
| Industry | Trading |
| E-voting on shares | Click here to vote |
Key events for Redington Ltd
Redington Ltd Shows Bullish Breakout Potential - 27 Jan, 2025
Redington Ltd's weekly chart indicates a bullish breakout from an Inverse Head and Shoulders pattern, achieving the highest weekly close. Strong buying interest is evident, with higher volumes during upmoves. The stock trades above key moving averages, supported by positive oscillators, reinforcing a buy recommendation around Rs 223-220, with a target of Rs 253 and a stop loss at Rs 212.Redington Ltd Launches New B2B E-commerce Platform - 21 Jan, 2025
Redington Ltd has launched its B2B e-commerce platform, Redington Online, aimed at streamlining procurement and enhancing efficiency for partners. The platform features smart product bundling and real-time tracking, supporting partners in achieving operational excellence and business growth.Redington Ltd Shows Bullish Momentum - 17 Jan, 2025
Redington Ltd stock rallied 4.67% and closed above ₹211, indicating strong bullish momentum. Analysts suggest a buy at ₹216.40 with targets of ₹227-232 and a stop loss at ₹209.Qlik Partners with Redington to Enhance Market Reach - 16 Jan, 2025
Qlik has partnered with Redington to expand its presence in the rapidly growing MEA market. This collaboration aims to leverage Redington's regional expertise to help businesses maximize their data potential through analytics and AI.
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 IMPACTMF Holding Up
Mutual Funds have increased holdings from 11.86% to 12.54% in Dec 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 246.04 Cr → 292.87 Cr (in ₹), with an average increase of 16.0% per quarter
- POSITIVE IMPACT
Price Rise
In the last 1 month, REDINGTON stock has moved up by 4.3%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 21.33K Cr → 24.95K Cr (in ₹), with an average increase of 14.5% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 33.90% to 34.40% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Panache Digilife Ltd has given 289.5% return, outperforming this stock by 289.6%
- NO EFFECT
Against Peers
In the last 3 years, Panache Digilife Ltd has given 338.7% return, outperforming this stock by 314.3%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 23.84% to 22.84% in Dec 2024 quarter
Redington Financials
Index Inclusions
Redington Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 34.4% | 1.47 | |
| Mutual Funds | 12.54% | 5.76 | |
| Retail Investors | 22.84% | ||
| Others | 30.22% |
Redington Key Indicators
Redington Valuation
Redington in the last 5 years
Lowest (4.29x)
March 27, 2020
Today (13.20x)
February 3, 2025
Industry (90.80x)
February 3, 2025
Highest (22.53x)
July 13, 2021
Redington Earnings and Dividends
Redington Ltd Earnings Results
Redington Ltd’s net profit fell -3.49% since last year same period to ₹292.87Cr in the Q2 2024-2025. On a quarterly growth basis, Redington Ltd has generated 19.03% jump in its net profits since last 3-months.
Read More about Earnings ResultsRedington Ltd Dividends June,2024
In the quarter ending March 2024, Redington Ltd has declared dividend of ₹6.20 - translating a dividend yield of 3.06%.
Read More about Dividends
Redington Technicals Summary
Bearish
Neutral
Bullish
Redington Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Redington Ltd
What is Redington Ltd price today?
Redington Ltd share price today stands at ₹202.45, Open: ₹205.3, Previous Close: ₹203.6, High: ₹208.5, Low: ₹201.66, 52 Week High: ₹237.55, 52 Week Low: ₹158.61.
How to Buy Redington Ltd Share in India?
- 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
Is Redington Ltd listed on NSE?
Redington Ltd is listed on NSE
Is Redington Ltd listed on BSE?
Redington Ltd is listed on BSE
What are today's High and Low prices of Redington Ltd?
- Today's highest price of Redington Ltd is ₹208.5.
- Today's lowest price of Redington Ltd is ₹201.66.
What are today's traded volumes of Redington Ltd?
Today's traded volume of Redington Ltd(REDINGTON) is 8.65L.
What is today's market capitalisation of Redington Ltd?
Today's market capitalisation of Redington Ltd(REDINGTON) is ₹15916.93Cr.
What is the 52 Week High and Low Range of Redington Ltd?
How much percentage Redington Ltd is down from its 52 Week High?
Redington Ltd (REDINGTON) share price is ₹202.45. It is down -14.78% from its 52 Week High price of ₹237.55
How much percentage Redington Ltd is up from its 52 Week low?
Redington Ltd (REDINGTON) share price is ₹202.45. It is up 27.64% from its 52 Week Low price of ₹158.61
What are the historical returns of Redington Ltd?
What is the PE ratio of Redington Ltd today?
PE Ratio of Redington Ltd is 13.2
PE ratio = Redington Ltd Market price per share / Redington Ltd Earnings per share