Redington Limited Share Price Today

Techno Funda Ratings

RS Rating
63
Weak
EPS Rating
27
A/D Rating
A+
Excellent

Key Metrics

Current Price

₹276.1

Market Cap

₹ 21,503 Cr.

Stock P/E

13.5

ROE

16.9 %

RSI

47.83

Trend

Bullish

Share Price Chart

Technical Commentary

Redington Ltd currently shows Bullish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of A+, a Relative Strength Rating of 63 and an EPS Rating of 27. TI65 trend indicator currently remains Bullish.

Buy or Sell Analysis

Speculative Momentum Phase (Neutral / Hold). Redington Ltd is trading above its 50 DMA (249.43), but it lacks the powerful fundamental support typically required to sustain an extended bull run, as evidenced by a trailing Stock P/E of 13.5 and an ROE of 16.9%. Market relative strength is mediocre (RS Rating: 63), indicating that current price discovery is driven by short-term speculative indexing rather than aggressive institutional backing (A/D Grade: A+). While short-term long positions remain valid as long as the price stays above key support floors, conservative market participants should avoid sizing up heavily here. Maintain a neutral profile, trail defensive stops tightly below the 50 DMA, and watch for a decisive high-volume catalyst.

Company Overview

Established in the year 1993, Redington Limited is a leading distributor of IT and mobility products and a provider of supply chain management solutions and support services in India, the Middle East, Turkey and Africa.[1]

Redington Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Redington Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Redington Ltd share price chart currently indicates a Bullish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price276.1
RSI (14)47.83
50 DMA249.43
200 DMA256.01
TrendBullish
A/D RatingA+
RS Rating63
EPS Rating27
TI651.15
TI65 TrendBullish

Pivot Points Analysis

Daily pivot points for Redington Limited calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹290.59
R2₹287.27
R1₹281.69
PP₹278.37
S1₹272.79
S2₹269.47
S3₹263.89

Financial Ratios

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MetricValue
Market Cap₹ 21,503 Cr.
Current Price₹ 275
High / Low₹ 315 / 191
Stock P/E13.5
Book Value₹ 130
Dividend Yield2.18 %
ROCE18.4 %
ROE16.9 %
Face Value₹ 2.00

Quarterly Results

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QuarterSalesProfitOPM
Mar 202321,8493282%
Jun 202321,1872552%
Sep 202322,2203122%
Dec 202323,5053482%
Mar 202422,4333242%
Jun 202421,2822172%
Sep 202424,8962832%
Dec 202426,7164032%
Mar 202526,4409182%
Jun 202525,9522332%
Sep 202529,0763502%
Dec 202530,9224132%
Mar 202633,2132882%

Shareholding Pattern

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HolderHolding
FIIs 29.77%
DIIs 22.28%
Government 0.00%
Public 39.75%
No. of Shareholders23,751
Promoters 8.20%

Pros and Cons

Pros

  • Healthy return on equity of 16.9% indicating strong capital allocation efficiency.
  • Strong technical momentum with price holding comfortably above the 50 DMA (249.43).

Cons

    Related NSE Stocks

    Frequently Asked Questions

    What is the current technical trend and RSI for Redington Ltd share?

    Based on the latest closing data, the technical momentum for Redington Ltd is currently evaluated as Bullish. The stock is exhibiting an RSI (14) of 47.83, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (249.43) defining immediate multi-day trend patterns.

    What are the key resistance and support pivot points for Redington Ltd?

    According to Classic Pivot Point methodologies, the core trading floor for Redington Ltd today centers at a Pivot Point (PP) of ₹278.37. Upside resistance challenges are calculated at R1: ₹281.69, R2: ₹287.27, and R3: ₹290.59. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹272.79, S2: ₹269.47, and S3: ₹263.89.

    How does the fundamental ROE and P/E ratio look for Redington Ltd?

    Redington Ltd is currently trading with a valuation metrics context of a Stock P/E of 13.5, against a core structural efficiency Return on Equity (ROE) standing at 16.9 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 27, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

    Should I buy or sell Redington Ltd shares based on corporate rankings?

    Our dynamic trade matrix suggests a status of: Speculative Momentum Phase (Neutral / Hold). Redington Ltd is trading above its ... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of A+, a Relative Strength (RS) ranking of 63, and long-term trend backing from the TI65 indicator (Bullish pattern).

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