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Redington Ltd share Price Today

Company details

208.15
213.45
136.20
237.55
6M Return 38.18%
1Y Return 20.44%
Mkt Cap.(Cr) 16,608.79
Volume 9,28,960
Div Yield 3.41%
OI
-
OI Chg %
-
Volume 9,28,960

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Commodity Trading & Distribution company Redington announced Q3FY24 results:

  • Achieved Rs 23,550 crore in revenues for Q3FY24
  • Highest ever Revenue achieved in any quarter in the past
  • QoQ growth in Revenue by 6%; EBITDA by 1% and PAT by 12%

“Our growth in FY24 has been driven by reinventing ourselves across many dimensions. We made significant investments in new revenue streams, focused go-to-market routes, improved our digital capabilities, built platforms, and created processes to enable faster time to market and provide choices to customers to engage with us in ways they prefer. While technology distribution has been our core value proposition, we are focused on building competencies and capabilities to enable and resell, hyperscaler and software services, and some managed services for private and public Cloud. In this era of digital transformation and constant market shifts, we are meeting our customer needs by implementing initiatives that deliver exceptional value. This customer-centric approach contributes to our market share gains and strengthens our growth trajectory.

We recognize the critical role our partners play in our ecosystem, and we're committed to providing them with the resources and support for our mutual success.” said V.S. Hariharan, Group CEO, Redington.

 

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Redington Ltd shares SWOT Analysis

Strengths (8)

  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt

Weakness (3)

  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Low Piotroski Score : Companies with weak financials
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (0)

Data not found

Threats (0)

Data not found

Resistance and support

R1 214.6
R2 216.7
R3 219.9
Pivot

211.35

S1 209.3
S2 206.1
S3 204.0
EMA SMA
213.3
210.1
200.4
188.4
215.9
212.1
198.8
178.6
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION Bulk Purchase 2023-02-24 170.45 188591880 BSE
SYNNEX MAURITIUS LIMITED Bulk Sell 2023-02-24 170.45 188591880 BSE
SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION Block Purchase 2023-02-24 170.45 188591880 BSE
Name Category Shares
HUF PUBLIC 0.85%
AADI FINANCIAL ADVISORS LLP PUBLIC 1.13%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Redington Ltd Stocks COMPARISON

Financials( in Cr) Redington Ltd Adani Enterprises Ltd Aegis Logistics Ltd Cello World Ltd Honasa Consumer Ltd
Price 212.45 3,037.55 598.00 897.15 417.50
% Change 0.57 5.49 0.15 2.47 -1.88
Mcap Cr 16,608.79 3,46,281.00 20,989.80 19,040.30 13,537.19
Revenue TTM Cr 79,376.78 69,420.18 8,627.21 1,796.70 1,492.75
Net Profit TTM Cr 1,439.39 475.37 510.70 285.07 -150.97
PE TTM 13.71 88.33 40.69 69.67 181.92
1 Year Return 20.44 58.53 64.13 13.32 23.85
ROCE 25.43 6.57 17.08 45.20 0.00
ROE 22.65 2.41 17.88 134.44 0.00
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 6,927.35 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,313.36 -32,453.75
LAST 3M 99,477.01 -32,657.88
LAST 6M 1,62,682.34 58,875.15
LAST 12M 2,54,180.54 1,44,795.14
NSE Board Meetings Forthcomming

May 15, 2024 l NSE Board Meetings Forthcomming

Redington (India) Limited - Board Meeting

May 13, 2024 l NSE Announcement

Redington Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 10, 2024 l NSE Announcement

Date Action Type Ratio
Jul 07, 2023 Dividend 360
Jul 14, 2022 Dividend 330

Redington Ltd Information

Stock PE (TTM)
13.71
Promoter Holding
0%
Book Value
88.2274
ROCE
25.43%
ROE
22.65%
Registered Address

SPL Guindy House, 95 Mount Road Guindy, Chennai, Tamil Nadu, 600032

Tel : 91-44-42243353
Email : mmkumar:redington.co.in
Website : http://www.redingtongroup.com
Registrar

Cameo Corporate Services Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 532805
NSE Code : REDINGTON
Book Closure Date (Month) :
BSE Group : A
ISIN : INE891D01026

FAQ’s on Redington Ltd Shares

You can buy Redington Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Redington Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 14, 2024 03:57 PM the closing price of Redington Ltd was Rs.212.45.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of May 14, 2024 03:57 PM, the market cap of Redington Ltd stood at Rs. 16,608.79.

The latest PE ratio of Redington Ltd as of May 14, 2024 03:57 PM is 13.71

The latest PB ratio of Redington Ltd as of May 14, 2024 03:57 PM is 0.42

The 52-week high of Redington Ltd share price is Rs. 237.55 while the 52-week low is Rs. 136.20

According to analyst recommendations, Redington Ltd Share has a "" rating for the long term.

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