Redington
Redington Performance
Day Range
- Low 155.15
- High 158.5
52 Week Range
- Low 135
- High 202.3
- Open Price158.3
- Previous Close157.5
- Volume367215
Start SIP in Redington
Start SIPRedington Investment Rating
-
Master Rating:
-
Redington has an operating revenue of Rs. 83,760.82 Cr. on a trailing 12-month basis. An annual revenue growth of 27% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 20% is exceptional. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 74 which is a FAIR score but needs to improve its earnings, a RS Rating of 14 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C- which is evident from recent supply seen, Group Rank of 173 indicates it belongs to a poor industry group of Computer-Hardware/Perip and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 9,705 | 9,712 | 9,438 | 8,580 | 7,612 | 7,779 |
| Operating Expenses Qtr Cr | 9,465 | 9,502 | 9,225 | 8,350 | 7,405 | 7,617 |
| Operating Profit Qtr Cr | 240 | 210 | 213 | 230 | 207 | 162 |
| Depreciation Qtr Cr | 8 | 7 | 7 | 7 | 6 | 6 |
| Interest Qtr Cr | 40 | 38 | 25 | 11 | 3 | 1 |
| Tax Qtr Cr | 51 | 47 | 49 | 56 | 53 | 42 |
| Net Profit Qtr Cr | 194 | 125 | 141 | 656 | 150 | 123 |
Redington Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 0
- Bearish Moving Average
- ___
- 16
- 20 Day
- ₹159.76
- 50 Day
- ₹164.3
- 100 Day
- ₹168.6
- 200 Day
- ₹168.34
- 20 Day
- ₹159.24
- 50 Day
- ₹165.05
- 100 Day
- ₹173.07
- 200 Day
- ₹175.16
Redington Resistance and Support
| Resistance | |
|---|---|
| First Resistance | ₹161.67 |
| Second Resistance | ₹165.84 |
| Third Resistance | ₹168.77 |
| RSI | 43.15 |
| MFI | 50.99 |
| MACD Single Line | -1.33 |
| MACD | -1.17 |
| Support | |
|---|---|
| First Resistance | ₹154.57 |
| Second Resistance | ₹151.64 |
| Third Resistance | ₹147.47 |
Redington Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 1,497,625 | 72,604,860 | 48.48 |
| Week | 2,146,359 | 123,372,687 | 57.48 |
| 1 Month | 2,659,746 | 146,365,812 | 55.03 |
| 6 Month | 2,051,718 | 114,219,148 | 55.67 |
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. 35341.44 Cr. and Equity Capital is Rs. 156.31 Cr. for the Year ended 31/03/2023. Redington 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 | 12,312 |
| Sales | 37,435 |
| Shares in Float | 78.17 |
| No of funds | 312 |
| Yield | 4.57 |
| Book Value | 3.96 |
| U/D Vol ratio | 0.4 |
| LTDebt / Equity | |
| Alpha | 0.03 |
| Beta | 1.15 |
Redington
| Owner Name | Jun-23 | Mar-23 | Dec-22 | Sep-22 |
|---|---|---|---|---|
| Promoters | ||||
| Mutual Funds | 12% | 11.87% | 11.78% | 11.68% |
| Insurance Companies | 3.69% | 3.69% | 3.81% | 3.82% |
| Foreign Portfolio Investors | 35.09% | 36.37% | 36.65% | 37.94% |
| Financial Institutions/ Banks | 0.01% | 0.01% | ||
| Individual Investors | 16.09% | 15.58% | 15.45% | 14.26% |
| Others | 33.12% | 32.48% | 32.31% | 32.3% |
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 |
| Mr. Tu Shu-Chyuan | Director |
| Mr. B Ramaratnam | Director |
| Ms. Chen Yi-Ju | Director |
| Mr. V S Hariharan | Director |
| Mr. Keith WF Bradley | Director |
Redington Forecast
Price Estimates
Redington Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-08-01 | Quarterly Results | |
| 2023-05-16 | Audited Results & Final Dividend | |
| 2023-02-01 | Quarterly Results | |
| 2022-11-02 | Quarterly Results | |
| 2022-08-03 | Quarterly Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2023-07-07 | FINAL | Rs.7.20 per share(360%)Final Dividend |
| 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/-. |
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Redington FAQs
What is Share Price of Redington ?
Redington share price is ₹155 As on 22 September, 2023 | 10:07
What is the Market Cap of Redington ?
The Market Cap of Redington is ₹12143.5 Cr As on 22 September, 2023 | 10:07
What is the P/E ratio of Redington ?
The P/E ratio of Redington is 9.2 As on 22 September, 2023 | 10:07
What is the PB ratio of Redington ?
The PB ratio of Redington is 1.7 As on 22 September, 2023 | 10:07