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Redington (India) Limited

REDINGTON | NSE

217.35

INR

-2.05

-0.93%

REDINGTON | NSE
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About Redington (India) Limited

Sector

Technology

Industry

Information Technology Services

Earnings date

31/03/2024

As of date

20/03/2026

Close

217.35

Open

222.90

High

223.55

Low

214.60

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
79.7
Sharpe
-0.22
Luna's Score
43/100
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

High Short-term Volatility

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

76.0%

1 month

79.7%

3 months

53.4%

6 months

51.4%

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

169.92B

MarketCap(USD)

1.81B

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: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

53.90

Range1M

71.40

Range3M

84.70

Volumes: Market Activity

Volume Averages

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Rel. volume

0.34

Price X volume

858.24M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
KPIT Technologies LimitedKPITTECHInformation Technology Services660.95178.36B0.31%73.0415.89%
Firstsource Solutions LimitedFSLInformation Technology Services216.97152.83B-1.48%44.4341.43%
Zensar Technologies LimitedZENSARTECHInformation Technology Services564.9128.15B1.16%23.695.24%
Birlasoft LimitedBSOFTInformation Technology Services358.0597.66B-1.59%25.873.22%
COFORGE LimitedCOFORGEInformation Technology Services1089.372.21B-0.27%57.8220.02%
eClerx Services LimitedECLERXInformation Technology Services146969.15B0.84%28.5711.82%
Sonata Software LimitedSONATSOFTWInformation Technology Services236.7567.28B2.09%57.1654.43%
Happiest Minds Technologies LimitedHAPPSTMNDSInformation Technology Services410.8561.83B49.7018.93%
Mastek LimitedMASTEKInformation Technology Services1449.544.75B-0.10%25.5124.71%
Datamatics Global Services LimitedDATAMATICSInformation Technology Services686.3540.98B0.76%18.691.41%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Netweb Technologies India LimitedNETWEBIN3284.4185.13B1.05%175.272.26%
AFFLEAFFLEAdvertising Agencies1285.7179.81B-1.15%67.647.31%
JYOTICNCJYOTICNCIN739.95175.49B-0.40%123.1222.26%
Amara Raja Energy & Mobility LimitedARE&MIN759.15139.04B-1.30%24.962.30%
DOMS INDUSTRIES LIMITEDDOMSIN2278.8124.85B4.77%94.3621.11%
TBO Tek LtdTBOTEKIN1068.1119.35B-3.83%104.19
Allied Blenders & Distillers LtdABDLIN408.45119.01B-1.08%3.45K
SANOFI CONS HEALTHC IND LSANOFICONRIN4252104.72B0.81%n/a
Honasa Consumer LimitedHONASAIN289.297.17B4.42%108.4411.96%
Cello World LimitedCELLOIN423.4593.53B4.94%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)53.4242.76Riskier
Debt to Equity0.390.22Expensive
Debt to Assets0.120.10Expensive
Market Cap169.92B770.55BEmerging
  • 1

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