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Redington (India) Limited

REDINGTON | NSE

216.48

INR

-4.20

-1.90%

REDINGTON | NSE
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About Redington (India) Limited

Sector

Technology

Industry

Information Technology Services

Earnings date

31/03/2024

As of date

24/04/2026

Close

216.48

Open

220.50

High

222.50

Low

214.50

Redington (India) Limited provides supply chain solutions for information technology products telecom lifestyle healthcare and solar products in India and internationally. The company distributes IT hardware and software products including consumer and commercial PCs desktops laptops and MacBooks; tablets and phablets; deskjets laserjets and related consumables and accessories; smartphones and augmented reality/virtual reality-powered wearables; and networking enterprise server and storage as well as software solutions and licensing and subscription support services. It also offers cloud consulting migration DevOps integration and security products as well as managed services; and develops manufactures and markets digital printing solutions comprising printing presses proprietary consumables and workflow. In addition the company is involved in the on demand part manufacturing business that consists of SLA SLS multi jet printing color jet printing vacuum casting direct metal printing metal die casting CNC machines plastic and metals and investment casting patterns. Further it provides enterprise solutions and services such as SOC and NOC services converged network solutions ICT and physical security solutions and cloud services and solutions as well as IT consulting storage data center and virtualization solutions; and infrastructure managed services including annual maintenance contracts facility management services managed print services and IT outsourcing and helpdesk services. Additionally the company offers spare part management; professional services comprising RBT and onsite repair one time implementation projects vendor managed support and migrations and upgrades as well as DOA validations pats and product screening; and logistics services. Redington (India) Limited was incorporated in 1961 and is based in Chennai India.

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REDINGTON | NSE

Risk
38.7
Sharpe
-0.15
Luna's Score
45/100
Recommendation
Sell

Luna says (REDINGTON | NSE)

What's Working

Good Dividend Yield (2% <= Dividend Yield <= 8%)

Low Debt to Asset (< 0.2)

Value Stock (Price to Book < 3)

What's not Working

Negative Momentum (Declining Price)

Price Below SMA10D

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

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10 days

33.8%

1 month

38.7%

3 months

57.6%

6 months

49.4%

Returns

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Fundamental Ratios

PE

11.23

Fwd. PE

-

Price to book

1.80

Debt to equity

0.39

Debt to assets

0.12

Ent. to EBITDA

7.20

Ent. to rev.

0.17

PEG

-

Other Fundamentals

EBITDA

18.76B

MarketCap

169.24B

MarketCap(USD)

1.77B

Div. yield

3.54

Op. margin

1.50

Erngs. growth

-0.90

Rev. growth

0.40

Ret. on equity

16.35

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

30.70

Range1M

51.19

Range3M

94.69

Volumes: Market Activity

Volume Averages

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Rel. volume

0.42

Price X volume

461.38M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Firstsource Solutions LimitedFSLInformation Technology Services209.27147.41B-7.00%44.4341.43%
Zensar Technologies LimitedZENSARTECHInformation Technology Services536121.59B-5.33%23.695.24%
Birlasoft LimitedBSOFTInformation Technology Services368.65100.55B-4.25%25.873.22%
COFORGE LimitedCOFORGEInformation Technology Services1150.976.29B-5.71%57.8220.02%
Sonata Software LimitedSONATSOFTWInformation Technology Services256.9873.03B-2.81%57.1654.43%
eClerx Services LimitedECLERXInformation Technology Services146869.10B-1.11%28.5711.82%
Happiest Minds Technologies LimitedHAPPSTMNDSInformation Technology Services361.1554.35B-3.45%49.7018.93%
Mastek LimitedMASTEKInformation Technology Services1700.152.49B-2.63%25.5124.71%
Datamatics Global Services LimitedDATAMATICSInformation Technology Services707.442.24B-2.91%18.691.41%
Computer Age Management Services LimitedCAMSInformation Technology Services760.838.93B-1.25%60.2310.53%
  • 1

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PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
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Allied Blenders & Distillers LtdABDLIN558.3162.67B-0.51%3.45K
Amara Raja Energy & Mobility LimitedARE&MIN880.2161.21B-3.62%24.962.30%
TBO Tek LtdTBOTEKIN1243.4138.94B-0.04%104.19
DOMS INDUSTRIES LIMITEDDOMSIN2315.8126.88B-2.72%94.3621.11%
Honasa Consumer LimitedHONASAIN348.85117.21B0.81%108.4411.96%
Azad Engineering LimitedAZADIN2090.2117.16B-0.99%130.376.11%
SANOFI CONS HEALTHC IND LSANOFICONRIN4595.3113.17B0.12%n/a
Vedant Fashions LimitedMANYAVARApparel Retail450.05110.08B-2.65%84.2627.74%
Cello World LimitedCELLOIN427.4594.42B1.16%54.8032.26%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA7.2019.92Cheaper
Ent. to Revenue0.175.16Cheaper
PE Ratio11.2335.22Cheaper
Price to Book1.806.77Cheaper
Dividend Yield3.541.59Leader
Std. Deviation (3M)57.5642.76Riskier
Debt to Equity0.390.22Expensive
Debt to Assets0.120.10Expensive
Market Cap169.24B770.55BEmerging
  • 1

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