Sharekhan

Redington Ltd

Thu 13/03/2025,15:59:49 | NSE : REDINGTON

₹ 224.60-9.83 (-4.19%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 235.58

Previous Close

₹ 234.43

Volume

3448246

Mkt Cap ( Rs. Cr)

₹17558.65

High

₹ 236.64

Low

₹ 223.62

52 Week High

₹ 263.89

52 Week Low

₹ 158.61

Book Value Per Share

₹ 97.28

Dividend Yield

2.75

Face Value

₹ 2.00

What’s Your Call?

Collective community sentiment on Redington Ltd

Your Vote -

Buy

52.45%

Hold

0.83%

Sell

46.72%

52.45%

1203 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

0.00

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Bid Total

0

Bid Price

Qty

224.60

2385

0.00

0

0.00

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Bid Total

2385

Option Chain

Analyzes market sentiment, predicts Redington Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • Redington L - Analysts/Institutional Investor Meet/Con. Call Updates

    12 Mar 2025, 4:50PM Redington Limited has informed the Exchange about Transcript
  • Redington L - Copy of Newspaper Publication

    12 Mar 2025, 4:43PM Redington Limited has informed the Exchange about Copy of Newspaper Publication
  • Redington L - Notice Of Shareholders Meetings-XBRL

    11 Mar 2025, 12:56PM REDINGTON LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot
  • Redington L - Shareholders meeting

    10 Mar 2025, 2:41PM Redington Limited has informed the Exchange regarding Notice of Postal Ballot
  • Redington L - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    10 Mar 2025, 2:32PM Notice of Postal Ballot
  • Redington L - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    7 Mar 2025, 10:30PM Analyst & Investor Meet 2025- Video Recording
  • Redington L - Analysts/Institutional Investor Meet/Con. Call Updates

    7 Mar 2025, 10:26PM Redington Limited has informed the Exchange about Video Recording
  • Redington L - Analysts/Institutional Investor Meet/Con. Call Updates

    7 Mar 2025, 5:27AM Redington Limited has informed the Exchange about Link of Recording
  • Redington L - Analysts/Institutional Investor Meet/Con. Call Updates

    6 Mar 2025, 3:47PM Redington Limited has informed the Exchange about Presentation
  • Redington L - Announcement under Regulation 30 (LODR)-Investor Presentation

    6 Mar 2025, 3:50PM Analyst/ Investor Meet 2025 - Presentation
  • Redington L - Analysts/Institutional Investor Meet/Con. Call Updates

    3 Mar 2025, 9:26PM Redington Limited has informed the Exchange about Schedule of meet
  • Redington L - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    3 Mar 2025, 9:20PM Intimation regarding the Analyst & Investor Meet
  • Redington L - Press Release

    14 Feb 2025, 6:49PM Redington Limited has informed the Exchange regarding a press release dated February 14, 2025, titled ""Arena, Redington's Subsidiary, Announces Dives
  • Redington L - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    14 Feb 2025, 6:49PM Arena, Redington's Subsidiary, Announces Divestment of Paynet in Turkey.
  • Redington L - Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015

    14 Feb 2025, 6:45PM Receipt of order from Deputy Commissioner (ST) - Large Taxpayers Unit, Chennai
  • Redington L - Action(s) initiated or orders passed

    14 Feb 2025, 6:44PM Redington Limited has informed the Exchange about Action(s) initiated or orders passed
  • Redington L - Update-Acquisition/Scheme/Sale/Disposal-XBRL

    14 Feb 2025, 11:35AM REDINGTON LIMITED has informed the Exchange regarding Update-Acquisition/Scheme/Sale/Disposal-XBRL
  • Redington L - Diversification/Disinvestment

    14 Feb 2025, 8:52AM Redington Limited has informed the Exchange about completion of disinvestment of Paynet.
  • Redington L - Announcement under Regulation 30 (LODR)-Restructuring

    14 Feb 2025, 8:49AM Completion of disinvestment of Paynet.
  • Redington L - Analysts/Institutional Investor Meet/Con. Call Updates

    12 Feb 2025, 5:28PM Redington Limited has informed the Exchange about Transcript
  • Redington L - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    12 Feb 2025, 5:32PM Earnings Conference Call Transcript for Q3 FY 2024-25
  • Redington L - Press Release

    10 Feb 2025, 8:55AM Redington Limited has informed the Exchange regarding a press release titled ""Redington Unveils SAR 2 Billion Spending Plan for the Kingdom at LEAP 2
  • Redington L - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    10 Feb 2025, 8:53AM Redington Unveils SAR 2 Billion Spending Plan for the Kingdom at LEAP 2025.
  • Redington L - Update-Acquisition/Scheme/Sale/Disposal-XBRL

    7 Feb 2025, 11:46AM REDINGTON LIMITED has informed the Exchange regarding Update-Acquisition/Scheme/Sale/Disposal-XBRL
  • Redington L - Sale or disposal

    7 Feb 2025, 9:04AM Redington Limited has informed the Exchange regarding update on disinvestment of Paynet
  • Redington L - Announcement under Regulation 30 (LODR)-Restructuring

    7 Feb 2025, 9:00AM Update - Paynet - Intimation under Regulation 30
  • Redington L - Copy of Newspaper Publication

    6 Feb 2025, 5:03PM Redington Limited has informed the Exchange about Copy of Newspaper Publication
  • Redington L - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    6 Feb 2025, 5:00PM Audio Recording
  • Redington L - Analysts/Institutional Investor Meet/Con. Call Updates

    6 Feb 2025, 4:54PM Redington Limited has informed the Exchange about Link of Recording
  • Redington L - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    6 Feb 2025, 4:44PM REDINGTON LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
  • Redington L - Integrated Filing- Financial

    5 Feb 2025, 5:28PM Integrated Filing (Financial)
  • Redington L - Press Release

    5 Feb 2025, 5:23PM Redington Limited has informed the Exchange regarding a press release dated February 05, 2025, titled ""Redington Achieves Record Q3 Performance with
  • Redington L - Investor Presentation

    5 Feb 2025, 5:14PM Redington Limited has informed the Exchange about Investor Presentation
  • Redington L - Appointment

    5 Feb 2025, 5:07PM Redington Limited has informed the Exchange regarding appointment of Mr V S Hariharan as Managing Director and Group Chief Executive Officer of the co
  • Redington L - Financial Result Updates

    5 Feb 2025, 4:56PM Redington Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Redington L - Board Meeting Outcome for Quarterly Results

    5 Feb 2025, 4:56PM Quarterly Results
  • Redington L - Integrated Filing (Financial)

    5 Feb 2025, 5:32PM Integrated Filing (Financial)
  • Redington L - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    5 Feb 2025, 5:21PM Press Release
  • Redington L - Announcement under Regulation 30 (LODR)-Investor Presentation

    5 Feb 2025, 5:15PM Investor Presentation
  • Redington L Q3 net profit zooms 199.88% at Rs 460.56 cr

    5 Feb 2025, 5:11PM The company reported standalone net profit of Rs 460.56 crore for the quarter ended December 31, 2024 as compared to Rs 153.58 crore in the same perio
  • Redington L - Announcement under Regulation 30 (LODR)-Change in Management

    5 Feb 2025, 5:05PM Appointment of Mr V S Hariharan as Managing Director and Group Chief Executive Officer of the Company
  • Redington L - Analysts/Institutional Investor Meet/Con. Call Updates

    3 Feb 2025, 5:45PM Redington Limited has informed the Exchange about Schedule of meet
  • Redington L - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    3 Feb 2025, 5:38PM Schedule of the Earnings Conference call - Q3 FY 2024-25
  • Redington L - Board Meeting Intimation

    30 Jan 2025, 5:44PM REDINGTON LIMITED has informed the Exchange about Board Meeting to be held on 05-Feb-2025 to inter-alia consider and approve the Unaudited Financial r
  • Redington L - Board Meeting Intimation for Intimation About The Board Meeting

    30 Jan 2025, 5:35PM Redington Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/02/2025 ,inter alia, to consider and approv
  • Redington L - Clarification Regarding News Articles Published In The Media

    29 Jan 2025, 7:45PM Clarification regarding news articles published in the media
  • Redington L - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    20 Jan 2025, 6:23PM Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018
  • Redington L - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    20 Jan 2025, 6:23PM Redington Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Redington L has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    20 Jan 2025, 5:50PM As of December 2024, 100.00% owned by Public. <p align=justify> Institutional holds 77.17% (Insurance Companies 3.63%) and Non-Institutional holds 22.
  • Redington L - Trading Window-XBRL

    23 Dec 2024, 5:17PM REDINGTON LIMITED has informed the Exchange about Closure of Trading Window
  • Redington L - Trading Window

    23 Dec 2024, 5:17PM Redington Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
  • Redington L - Reply to Clarification- Financial results

    17 Dec 2024, 5:19PM The Exchange had sought clarification from Redington Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (Listing Obli
  • Redington step-down subsidiary Arena to sell its stake in Paynet

    7 May 2024 , 10:29AM Redington's Turkey-based Arm Arena Bilgisayar sells entire stake in Paynet to Iyzi Payment for $92 m
  • Redington partners with Zoho

    5 Apr 2024 , 3:18PM Redington partners with Zoho for digital transformation of the business
  • Redington

    5 Dec 2022 , 11:36AM As per media reports Apple plans to move production out of China and is telling its suppliers to focus more on assembling its products in India/Vietnam. Could be potentially positive for Redington.
  • Redington India

    30 Jun 2022 , 2:24PM Redington India: The company has announced a multi-year Strategic Collaboration Agreement (SCA) with Amazon Internet Services (AISPL). AISPL undertakes the resale and marketing of Amazon Web Services (AWS) Cloud in the country – positive read-thru
  • Redington

    14 Sep 2021 , 10:15AM Step down subsidiary Arena Bilgisayar Sanayi Ve Ticaret A.S. Turkey concluded its binding Share Purchase Agreement to acquire 100% shares of Brightstar Telekomünikasyon Dagitim Ltd. Sti, for $35 million. For CY2020, Brightstar recorded revenues of approximately $342 million. Brightstar Turkey’s operations primarily consist of value added distribution of leading brands of smartphones, devices, consumer electronics and accessories to telecom operator(s) – positive read-thru
  • Redington board approves bonus issue

    7 Jul 2021 , 1:54PM Redington board approves bonus issue in the ratio of 1:1
  • Redington India

    26 Oct 2020 , 11:53AM Stepdown subsidiary Redington Gulf FZE will acquire the remaining 15.2% stake in Citrus Consulting Services, taking the total stake to 100%. The acquisition will be done for 1,52,000 United Arab Emirates Dirhams and has the approval of the Dubai Developmental Authority.
  • Redington board approves buyback of shares

    17 Sep 2018 , 11:33AM Redington board approves buyback of up to 1.11 crore equity shares at Rs. 125 share
  • Redington to consider share buyback

    12 Sep 2018 , 10:06AM Redington board to meet on September 17, 2018, to consider buyback of shares

Key fundamentals

Evaluate the intrinsic value of Redington Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 5218.9 4748.35 2548.98 2068.72 2974.09
Liabilities 5218.9 4748.35 2548.98 2068.72 2974.09
Equity 156.35 156.31 156.29 77.84 77.82
Gross Profit 1006.19 859.75 654.22 466.91 382.99
Net Profit 1081.24 1071.88 935.07 263.33 489.6
Cash From Operating Activities 271.93 -2086.84 670.1 870 239.69
NPM(%) 2.62 3.03 3.46 1.15 2.62
Revenue 41227.6 35341.44 27018.94 22720.67 18632.57
Expenses 40221.41 34481.69 26364.72 22253.76 18249.58
ROE(%) 14.21 14.09 12.29 3.46 6.43

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
05 Jul 2024 6.2 310 2.76 197.5
07 Jul 2023 7.2 360 2.76 175.3
14 Jul 2022 6.6 330 2.76 143
16 Jul 2021 4 200 2.76 219.75
16 Jul 2021 7.6 380 2.76 183.15
03 Mar 2020 2.8 140 2.76 121.05
03 Dec 2019 1.5 75 2.76 112.2
22 Jul 2019 3.3 165 2.76 92.85
20 Jul 2018 2.4 120 2.76 122.75
20 Jul 2017 2.3 115 2.76 124.8
14 Feb 2017 2 100 2.76 105.7
19 Jul 2016 2.1 105 2.76 120.85
24 Jul 2015 1.9 95 2.76 127.65
22 Jul 2014 0.9 45 2.76 105.15
24 Jul 2013 0.4 20 2.76 84.2
23 Jul 2012 0.4 20 2.76 80.35
14 Jul 2011 1.1 55 2.76 83.95
12 Jul 2010 5 50 2.76 381.75
16 Jul 2009 4 40 2.76 197.5
17 Jul 2008 3.5 35 2.76 374.35
18 Jul 2007 2.5 25 2.76 173.15

Peers

Other companies within the same industry or sector that are comparable to Redington Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
ROX Hi-Tech Ltd 52.10 -4.93 5.60 513.02 93.02 0.00
Tata Consultancy Services Ltd 3511.05 0.14 26.05 81323.30 12688.47 2.08
Accelya Solutions India Ltd 1276.45 -0.18 19.80 335.33 628.74 5.09
Allied Digital Services Ltd 189.77 -0.92 19.87 1242.31 162.64 0.79

Company Info

Our Company was incorporated as G. Kewalram Private Limited on May 2, 1961 with the Registrar of Companies, Maharashtra. On December 9, 1981, the name of our Company was changed to Kewalram Private Limited and subsequently to Redington (India) Private Limited on April 28,1987. The registered office of our Company was transferred to Chennai, Tamil Nadu by the Company Law Board's order dated July 13, 1994. We changed our name to Redington (India) Limited with effect from on October 01, 1996 with the Registrar of Companies, Tamil Nadu on which date our Company became a public limited company. Subsequently, on January 10, 2002, the word "Private" was inserted in the name of our Company pursuant to Section 43A (2A). The word "private" was deleted from the name of our Company pursuant to Section 44 (a) of the Companies Act, 1956, and our Company became a public company with effect from March 15, 2002. 1993  .. Acquired the business of the Indian branch of Redington Pte Limited, Singapore .. Commenced branch operations in Western and Southern India .. Commenced distribution of Hewlett Packard IT products  1994  .. Commenced service operations for IT products .. Commenced distribution of Epson and Tripplite IT products  Commenced distribution of Samsung monitors .. Commenced operations in Northern India  1995 . Commenced operations in Eastern India . Commenced distribution of Compaq and Philips products 1996 . Commenced distribution of Intel products  1997 . Tied-up with Microsoft for distribution of software products  1998 . Tied-up with IBM, APC and Canon for distribution of their products  2000 . Recognised as an `excellent service provider' by Hewlett Packard  2002  Commenced call centre operations for servicing Compaq's Presario range of products .. Ranked "best distributor - India' for the year 2002-2003 by Computer Associates  2003 . Commenced distribution and servicing of Motorola mobile phones  2004 . Ranked `best distributor in India' in the volumes business category by Microsoft for the year 2003-2004  2005 .. Acquired 100% shareholding of Redington Gulf FZE .. Commenced distribution of consumer durables .. Ranked `best distributor small and medium businesses - India' for the year 2004 by IBM .. Ranked `best national distributor' by Xerox .. Ranked `best distributor - enterprise storage' for the year 2004 by HP  2006. Acquired 100% shareholding of Redington Distribution Pte Limited .. Acquired 100% shareholding of Cadensworth (India) Private Limited .. Ranked `distributor of the year' for the Asia Pacific region in the year 2005 by CISCO .. Ranked `best growing distributor' for the year 2005-2006 by Acer  2007  -Redington India Ltd has entered into a Distributor Agreement with Apple Computer International Pvt Ltd., Bangalore (Apple Computer) for distribution of their range of products in India.  2008 - Redington India Ltd has informed that the Company has entered into a Distributor and Adobe Licensing Center agreement with Adobe Systems Software Ireland Ltd (Adobe) for distribution of their range of products in India. -Redington India Ltd has appointed Mr. N Srinivasan as an Additional Director of the Company.  2009 -Automated Distribution Center becomes operational in Chennai. -Foray into 3PL/4PL services. -Best Software Group Asia-Pacific VAD - IBM Software -Top Distributor Award in the East and West Region by CISCO -TSG Enterprise and Commercial Growth Award by HP Enterprise  2010 -Started micro distribution of IT through Nook Distribution -TUV NORD awarded ISO 9001:2008 certification for Chennai -TUV SUO Management Service GmbH has awarded ISO 9001:2008 certification for providing Support Services. -Best Distributor of the Year by NetApp. -Best sales performance award for APAC region by Kodak. -Best performing country in the Asia Pacific Region for HP Indigo Business. -Company has splits its Face value of Shares from Rs 10 to Rs 2  2011  -Entered into a Strategic relationship with EMC for distribution of their storage products through Cadensworth. -SMS&P Volume License Distributor of the Year -Intel Authorized Distributor 2011 -Distri Leader Recognition Award -Ricoh ties up with Redington India -Redington India appointed as National Distributor by Research in Motion for PlayBook Tablet  2012 -SMART Technologies Inc. has announced the appointment of Redington as an authorized distributor for SMART's business collaboration and interactive products. -Fortinet Appoints Redington as New Distributor in India -Redington India Acquires Sterling Technopolis IT Park -Dun and Bradstreet Award for Corporate Excellence at the Rolta Corporate Awards 2011 -Award of Excellence for BENQ projector business. -Best after sales support -Editor's choice among National distributors from ITPV -Started carrying out Supply Chain Management business independently, through a Wholly Owned Subsidiary, ProConnect Supply Chain Solutions Ltd.  2013 -Redington (India) Ltd Tie up with CtrlS Datacenters Limited for cloud computing products. -Redington India collaborates with Amazon for distribution of Kindle devices. -Redington ties up with Palo Alto as a National distributor for Network Security products.  2014 -Vaultize (www.vaultize.com) announced signing of Master Reseller Agreement with Redington to expand and strengthen its India channel. -Barracuda appoints Redington as national distributor in India. -Redington have recommended a dividend of Rs. 0.90 per Equity share of Rs. 2/- each.  2015 -Redington to merge Nook Micro Distribution with itself -The Company has Tie-up with Xiaomi for distribution of their Smartphones  2016 -Redington (India) "Update on Acquisition of additional stake in Linkplus, Turkey by Overseas Subsidiary Company". 2019 -Redington (India) Ltd has acquired 90% stake in Auroma Logistics Private Limited -Redington (India) Ltd has acquisition of 49.4% stake in Arena 2021-Company has issued Bonus Shares in the Ratio of 1:1.2022-Company name has changed to Redington Ltd. from Redington (India) Ltd..

Our Company was incorporated as G. Kewalram Private Limited on May 2, 1961 with the Registrar of Companies, Maharashtra. On December 9, 1981, the name of our Company was changed to Kewalram Private Limited and subsequently to Redington (India) Private Limited on April 28,1987. The registered office of our Company was transferred to Chennai, Tamil Nadu by the Company Law Board's order dated July 13, 1994. We changed our name to Redington (India) Limited with effect from on October 01, 1996 with the Registrar of Companies, Tamil Nadu on which date our Company became a public limited company. Subsequently, on January 10, 2002, the word "Private" was inserted in the name of our Company pursuant to Section 43A (2A). The word "private" was deleted from the name of our Company pursuant to Section 44 (a) of the Companies Act, 1956, and our Company became a public company with effect from March 15, 2002. 1993  .. Acquired the business of the Indian branch of Redington Pte Limited, Singapore .. Commenced branch operations in Western and Southern India .. Commenced distribution of Hewlett Packard IT products  1994  .. Commenced service operations for IT products .. Commenced distribution of Epson and Tripplite IT products  Commenced distribution of Samsung monitors .. Commenced operations in Northern India  1995 . Commenced operations in Eastern India . Commenced distribution of Compaq and Philips products 1996 . Commenced distribution of Intel products  1997 . Tied-up with Microsoft for distribution of software products  1998 . Tied-up with IBM, APC and Canon for distribution of their products  2000 . Recognised as an `excellent service provider' by Hewlett Packard  2002  Commenced call centre operations for servicing Compaq's Presario range of products .. Ranked "best distributor - India' for the year 2002-2003 by Computer Associates  2003 . Commenced distribution and servicing of Motorola mobile phones  2004 . Ranked `best distributor in India' in the volumes business category by Microsoft for the year 2003-2004  2005 .. Acquired 100% shareholding of Redington Gulf FZE .. Commenced distribution of consumer durables .. Ranked `best distributor small and medium businesses - India' for the year 2004 by IBM .. Ranked `best national distributor' by Xerox .. Ranked `best distributor - enterprise storage' for the year 2004 by HP  2006. Acquired 100% shareholding of Redington Distribution Pte Limited .. Acquired 100% shareholding of Cadensworth (India) Private Limited .. Ranked `distributor of the year' for the Asia Pacific region in the year 2005 by CISCO .. Ranked `best growing distributor' for the year 2005-2006 by Acer  2007  -Redington India Ltd has entered into a Distributor Agreement with Apple Computer International Pvt Ltd., Bangalore (Apple Computer) for distribution of their range of products in India.  2008 - Redington India Ltd has informed that the Company has entered into a Distributor and Adobe Licensing Center agreement with Adobe Systems Software Ireland Ltd (Adobe) for distribution of their range of products in India. -Redington India Ltd has appointed Mr. N Srinivasan as an Additional Director of the Company.  2009 -Automated Distribution Center becomes operational in Chennai. -Foray into 3PL/4PL services. -Best Software Group Asia-Pacific VAD - IBM Software -Top Distributor Award in the East and West Region by CISCO -TSG Enterprise and Commercial Growth Award by HP Enterprise  2010 -Started micro distribution of IT through Nook Distribution -TUV NORD awarded ISO 9001:2008 certification for Chennai -TUV SUO Management Service GmbH has awarded ISO 9001:2008 certification for providing Support Services. -Best Distributor of the Year by NetApp. -Best sales performance award for APAC region by Kodak. -Best performing country in the Asia Pacific Region for HP Indigo Business. -Company has splits its Face value of Shares from Rs 10 to Rs 2  2011  -Entered into a Strategic relationship with EMC for distribution of their storage products through Cadensworth. -SMS&P Volume License Distributor of the Year -Intel Authorized Distributor 2011 -Distri Leader Recognition Award -Ricoh ties up with Redington India -Redington India appointed as National Distributor by Research in Motion for PlayBook Tablet  2012 -SMART Technologies Inc. has announced the appointment of Redington as an authorized distributor for SMART's business collaboration and interactive products. -Fortinet Appoints Redington as New Distributor in India -Redington India Acquires Sterling Technopolis IT Park -Dun and Bradstreet Award for Corporate Excellence at the Rolta Corporate Awards 2011 -Award of Excellence for BENQ projector business. -Best after sales support -Editor's choice among National distributors from ITPV -Started carrying out Supply Chain Management business independently, through a Wholly Owned Subsidiary, ProConnect Supply Chain Solutions Ltd.  2013 -Redington (India) Ltd Tie up with CtrlS Datacenters Limited for cloud computing products. -Redington India collaborates with Amazon for distribution of Kindle devices. -Redington ties up with Palo Alto as a National distributor for Network Security products.  2014 -Vaultize (www.vaultize.com) announced signing of Master Reseller Agreement with Redington to expand and strengthen its India channel. -Barracuda appoints Redington as national distributor in India. -Redington have recommended a dividend of Rs. 0.90 per Equity share of Rs. 2/- each.  2015 -Redington to merge Nook Micro Distribution with itself -The Company has Tie-up with Xiaomi for distribution of their Smartphones  2016 -Redington (India) "Update on Acquisition of additional stake in Linkplus, Turkey by Overseas Subsidiary Company". 2019 -Redington (India) Ltd has acquired 90% stake in Auroma Logistics Private Limited -Redington (India) Ltd has acquisition of 49.4% stake in Arena 2021-Company has issued Bonus Shares in the Ratio of 1:1.2022-Company name has changed to Redington Ltd. from Redington (India) Ltd..

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Parent Organisation

Redington Ltd.

Founded

02/05/1961

Managing Director

Prof.J Ramachandran

NSE Symbol

REDINGTONEQ

FAQ

The current price of Redington Ltd is ₹ 224.60.

The 52-week high for Redington Ltd is ₹ 236.64 and the 52-week low is ₹ 223.62.

The market capitalization of Redington Ltd is currently ₹ 17558.65. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Redington Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Redington Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Redington Ltd shares.

The CEO of Redington Ltd is Prof.J Ramachandran, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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