Is Redington India a good buy?

Is Redington India a good buy?

Good news, investors! Redington (India) is still a bargain right now. According to my valuation, the intrinsic value for the stock is ₹208.67, but it is currently trading at ₹142 on the share market, meaning that there is still an opportunity to buy now.

Should you buy Redington shares?

Dont hurry invest in redington keep wait for big move happening…… Keep on adding and identify the dark horse multibagger…… Despite strong set if numbers and good higher profitability…its not moving up…but the growth and long term is good…stay invested keep patience……

Will Redington share go up?

Tomorrow’s movement Prediction of Redington (India) Limited REDINGTON as on 27 Jun 2022 appears strongly Bullish. This stock started moving upwards as soon as it opened….Munafa value: 75 as on 27 Mon Jun 2022.

What does Redington company do?

Redington (India) Ltd (Redington) is a provider of logistics and supply chain solutions. The company distributes technology and non-technology products and provides logistics and support services.

What is the future of Redington?

View 2 reports from 1 analysts offering long term price targets for Redington (India) Ltd.. Redington (India) Ltd. has an average target of 213.00. The consensus estimate represents an upside of 66.86% from the last price of 127.65.

Is Redington a good company?

Redington FAQs Redington is rated 4.1 out of 5, based on 457 reviews by employees on AmbitionBox. Redington is known for Job Security which is rated at the top and given a rating of 4.3. However, Salary & Benefits is rated the lowest at 3.6 and can be improved.

Is Redington a good buy Quora?

Fundamentally a good stock and sound management makes it a compelling buy. After rising upto about 200+ Rs, the stock has corrected big time since then. Currently it is trading around 108 Rs. From the chart, one thing appears very clear — the downside risk is very limited.

Is Redington debt free?

The company has significantly decreased its debt by 1,171.31 Cr. Company has been maintaining healthy ROCE of 20.99% over the past 3 years. Company is virtually debt free.

Who is the promoter of Redington India?

Redington India Ltd.’s promoter Harrow Investments has nearly exited the company, selling more than three crore shares on Thursday. The transactions took place on multiple stocks exchanges and saw prominent fund houses like Norges Bank, Reliance Mutual Fund and Enam Group picking up stake in the company.

What is the business model of Redington India?

The company successfully transformed itself from a pure IT products distribution firm with traditional cash and carry model to a leading integrated supply chain solution provider that includes non IT products and involves the management of inventory of greater than 45000 SKU’s (stocking units).

What is the market share of Nykaa in India?

Nykaa currently has a 28.6 percent market share in the Indian online beauty and personal care market, as per ICICI Securities estimates.

Where is Redington based?

What are the products of Redington India?

PREMARKET

Is Redington a private company?

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.

What is the news in Redington?

Redington Turkish arm concludes final consideration at USD 29 mn for acquisition.

Can I buy Whirlpool share?

You can easily buy Whirlpool of India shares in Groww by creating a demat account and getting the KYC documents verified online.