Redington Limited is an information technology services business based in India. Redington shares (REDINGTON) are listed on the NSE and all prices are listed in Indian Rupee.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
| Latest market close | INR174.20 |
|---|---|
| 52-week range | INR103.91 - INR202.30 |
| 50-day moving average | INR170.54 |
| 200-day moving average | INR166.76 |
| Wall St. target price | INR225.88 |
| PE ratio | 9.6547 |
| Dividend yield | INR0 (4.26%) |
| Earnings per share (TTM) | INR17.81 |
Historical closes compared with the close of INR174.2 from 2023-05-29
| 1 week (2023-05-22) | 2.92% |
|---|---|
| 1 month (2023-04-28) | 3.44% |
| 3 months (2023-03-02) | 3.94% |
| 6 months (2022-11-30) | -2.98% |
| 1 year (2022-05-30) | 29.32% |
|---|---|
| 2 years (2021-05-28) | -20.73% |
| 3 years (2020-05-29) | 100.92% |
| 5 years (2018-05-30) | 45.23% |
Valuing Redington stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Redington's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
| Revenue TTM | INR749.1 billion |
|---|---|
| Gross profit TTM | INR48.9 billion |
| Return on assets TTM | 6.53% |
| Return on equity TTM | 24.53% |
| Profit margin | 0% |
| Book value | INR79.57 |
| Market capitalisation | INR134.4 billion |
TTM: trailing 12 months
Dividend payout ratio: 1.66% of net profits
Recently Redington has paid out, on average, around 1.66% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.26% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Redington shareholders could enjoy a 4.26% return on their shares, in the form of dividend payments. In Redington's case, that would currently equate to about INR0 per share.
While Redington's payout ratio might seem low, this can signify that Redington is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 6 July 2023 (the "ex-dividend date").
Redington's shares were split on a 2:1 basis on 18 August 2021. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Redington shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Redington shares which in turn could have impacted Redington's share price.
Over the last 12 months, Redington's shares have ranged in value from as little as INR103.911 up to INR202.3. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NSE average) beta is 1, while Redington's is 0.9217. This would suggest that Redington's shares are less volatile than average (for this exchange).
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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