-
1 Comment
Redington (India) Limited is currently in a long term uptrend where the price is trading 87.1% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.1.
Redington (India) Limited's total revenue rose by 14.9% to $170B since the same quarter in the previous year.
Its net income has increased by 21.4% to $2B since the same quarter in the previous year.
Finally, its free cash flow grew by 739.3% to $26B since the same quarter in the previous year.
Based on the above factors, Redington (India) Limited gets an overall score of 5/5.
| Exchange | NSE |
|---|---|
| CurrencyCode | INR |
| ISIN | INE891D01026 |
| Sector | Technology |
| Industry | Information Technology Services |
| Market Cap | 217B |
|---|---|
| Beta | 0.67 |
| PE Ratio | 17.18 |
| Target Price | 233.25 |
| Dividend Yield | 2.1% |
Redington Limited provides supply chain solutions in India and internationally. It offers hyperconverged infrastructure, enterprise storage, all-flash, storage visualization, and fault tolerant solutions; enterprise networking and WAN solutions; AI and automation, software applications, security, digital printing, data and analytics, infrastructure, 3D printing, network modernization, cyber security, solar, gaming, AE and VR, home automation, wearables, and displays; and next-gen firewall, web application firewall, secure access service edge, endpoint security, and identity and access management solutions. The company also engages in the distribution of information technology, mobility, and other technology products comprising laptops, tablets, servers, software, notebooks, workstations, networking, power supply, desktops, accessories, components, and smart lighting products. In addition, it offers technology services comprising consulting as a service, training as a service, infrastructure transformation, software consulting, virtualization and application delivery, networking, cybersecurity, and cloud services; and logistics services, such as warehousing, reverse logistics, in plant logistics and project management, supply chain consulting, ecommerce, mission-critical, and transportation services. Further, the company provides supply chain management, sourcing and procurement, sales and lead generation, and finance and accounting services; and financial services comprising channel financing, project financing, leasing, credit card-based financing, and but now and pay later services, as well as cloud consulting, managed, and security solutions. It serves healthcare, finance, print services providers, hospitality, manufacturing, education, government, retail, and IT/ITes industries. The company was formerly known as Redington (India) Limited and changed its name to Redington Limited. Redington Limited was incorporated in 1961 and is headquartered in Chennai, India.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for REDINGTON.NSE using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2025
