REDINGTON

REDINGTON

Mid Cap BSE: 532805 NSE: REDINGTON
₹178.00
-1.75 (-0.97%)
As on 02 December, 2022 | 17:59

Redington Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

Start SIP in REDINGTON

Start SIP

Redington Share Price

Redington Share Returns

  • Over 1 Month 29.6%
  • Over 3 Month 19.42%
  • Over 6 Month 35.93%
  • Over 1 Year 21.01%

Redington Key Statistics

P/E Ratio 9.7
PEG Ratio 0.2
Market Cap Cr 13,910
Price to Book Ratio 2.3
EPS 11.9
Dividend 3.7
Relative Strength Index 67.37
Money Flow Index 82.54
MACD Signal 7.99
Average True Range 6.48

Redington Investment Rating

  • Master Rating:
  • Redington has an operating revenue of Rs. 69,756.38 Cr. on a trailing 12-month basis. An annual revenue growth of 10% is good, Pre-tax margin of 3% needs improvement, ROE of 22% is exceptional. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 19% and 24% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 0% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 70 which is FAIR indicating the recent price performance, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 20 indicates it belongs to a strong industry group of Computer-Hardware/Perip and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Redington Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 8,5807,6127,7797,0896,7915,3606,352
Operating Expenses Qtr Cr 8,3507,4057,6176,9056,6185,2246,202
Operating Profit Qtr Cr 230207162183174136150
Depreciation Qtr Cr 7666997
Interest Qtr Cr 11311232
Tax Qtr Cr 56534248443542
Net Profit Qtr Cr 65615012313757996115

Redington Technicals

EMA & SMA

Current Price
178.
-1.75 (-0.97%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 166.92
  • 50 Day
  • 155.89
  • 100 Day
  • 150.01
  • 200 Day
  • 144.53
  • 20 Day
  • 166.04
  • 50 Day
  • 150.64
  • 100 Day
  • 145.15
  • 200 Day
  • 144.26

Redington Resistance and Support

PIVOT
₹180.97
Resistance
First Resistance 183.14
Second Resistance 186.52
Third Resistance 188.69
RSI 70.25
MFI 85.73
MACD Single Line 7.79
MACD 9.02
Support
First Resistance 177.59
Second Resistance 175.42
Third Resistance 172.04

Redington Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 4,287,351 167,721,171 39.12
Week 7,193,968 254,378,701 35.36
1 Month 8,313,146 340,173,952 40.92
6 Month 3,763,991 165,690,871 44.02

Redington Result Highlights

Redington Synopsis

NSE-Computer-Hardware/Perip

Redington L is involved in the business activities of Wholesale of machinery, equipment and supplies. Company’s Total Operating Revenue is Rs. 27018.94 Cr. and Equity Capital is Rs. 156.29 Cr. for the Year ended 31/03/2022. Redington (India) Ltd. is a Public Limited Listed company incorporated on 02/05/1961 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L52599TN1961PLC028758 and registration number is 028758.
Market Cap 13,906
Sales 31,059
Shares in Float 78.15
No of funds 314
Yield 3.67
Book Value 5.51
U/D Vol ratio 3.1
LTDebt / Equity
Alpha 0.07
Beta 1.09

Redington

Owner NameSep-22Jun-22Mar-22Dec-21
Mutual Funds 11.68%11.61%11.36%
Insurance Companies 3.82%3.82%3.82%
Foreign Portfolio Investors 37.94%38.74%39.39%
Financial Institutions/ Banks
Individual Investors 14.26%13.47%11.91%
Others 32.3%32.36%33.52%

Redington Management

Name Designation
Prof. J Ramachandran Chairman
Mr. Rajiv Srivastava Managing Director
Mr. S V Krishnan WholeTime Director & Group CFO
Ms. Anita P Belani Director
Ms. Chen Yi-Ju Director
Mr. B Ramaratnam Director
Mr. Tu Shu-Chyuan Director
Mr. V S Hariharan Director
Mr. Keith WF Bradley Director

Redington Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Redington Corporate Action

Date Purpose Remarks
2022-11-02 Quarterly Results
2022-08-03 Quarterly Results
2022-05-21 Audited Results & Final Dividend
2022-02-08 Quarterly Results
2021-11-09 Quarterly Results
Date Purpose Remarks
2022-07-15 FINAL Rs.6.60 per share(330%)Final Dividend
2021-07-19 FINAL Rs.7.60 per share(380%)Final Dividend (BC dates revised)
2021-07-19 SPECIAL Rs.4.00 per share(200%)Special Dividend (BC dates revised)
Date Purpose Remarks
2021-08-20 Bonus Rs.0.00 issue in the ratio of 1:1 of Rs. 2/-.

Redington MF Shareholding

Name Amount(cr)
HDFC Mid-Cap Opportunities Fund Growth 35120
HDFC Hybrid Equity Fund Growth 19131
HDFC Small Cap Fund Growth 14100
HDFC Large and Mid Cap Fund Growth 7519
Tata Digital India Fund Regular Growth 6371

About Company

Redington FAQs

What is Share Price of Redington ?

Redington share price is ₹178 As on 02 December, 2022 | 17:45

What is the Market Cap of Redington ?

The Market Cap of Redington is ₹13910.1 Cr As on 02 December, 2022 | 17:45

What is the P/E ratio of Redington ?

The P/E ratio of Redington is 9.7 As on 02 December, 2022 | 17:45

What is the PB ratio of Redington ?

The PB ratio of Redington is 2.3 As on 02 December, 2022 | 17:45

Q2FY23