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Redington LtdNSE REDINGTON Stock Report

Last reporting period 31 Mar, 2024

Updated 31 Oct, 2024

Last price

Market cap $B

0.502

Micro

Exchange

XNSE - National Stock Exchange Of India

REDINGTON.NS Stock Analysis

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Avoid

Based on Eyestock quantitative analysis, REDINGTON.NS`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

32/100

Low score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-25.3 %

Greatly overvalued

Market cap $B

0.502

Dividend yield

6.03 %

Shares outstanding

781.77 B

Redington Ltd. provision of machinery, equipment and supplies. The company is headquartered in Chennai, Tamil Nadu and currently employs 1,625 full-time employees. The company went IPO on 2007-02-09. The firm is engaged in the business of distribution of information technology, mobility, and other technology products besides supply chain solutions. The firm provides information technology solutions across cloud, technology, digital printing, and solar. Further, it is engaged in offering technology services, logistics services, business process solutions, and financial services. The principal activity of the Company is wholesale distribution of machinery, equipment, and supplies (Wholesale of computers, computer peripheral equipment, software, electronic and telecommunications equipment and parts). Its solution offerings include hyperconverged infrastructure, enterprise storage, storage visualization, fault tolerant solutions, and software-defined storage. The company has a footprint in approximately 38 markets with over 290 international brand associations. The firm operates approximately 70 sales locations.

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