Is it good to buy Redington share now?

Is it good to buy Redington share now?

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.

What is the listing date for Redington bonus shares?

Redington (India) Ltd.

Announcement Date Bonus Ratio Record Date
07-07-2021 1:1 20-08-2021

Who owns Redington India?

Srinivasan is an Indian businessman. He is the founder of Redington India, a US $4.2 billion technology products supply chain solution company operating in India, the Middle East, Africa and Turkey.

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.

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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.

Upside target 134.73
Upside target 131.97
Downside target 127.58
Downside target 126.63
Downside target 124.82

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.

Who is eligible for Redington share bonus?

The board of Redington India has approved a bonus issue of one equity share of ₹2 each for every share (1:1) held in the company. This bonus issue will be subject to the approval of shareholders and other approvals, the company informed the stock exchanges.

Which company will give bonus share in 2021?

Bonus

COMPANY Bonus Ratio DATE
Apollo Tricoat 1:1 06-08-2021
APL Apollo 1:1 06-08-2021
Kanpur Plast 1:2 28-07-2021
Mahindra Life 2:1 28-07-2021

What is the record date for SRF bonus 2021?

SRF Ltd.

Announcement Date Bonus Ratio Record Date
31-08-2021 4:1 14-10-2021
25-08-1983 1:2 30-11–0001

Who is the CEO of Redington India?

Ramesh Natarajan, CEO, Redington India Chennai: Supply chain solutions provider Redington India on Friday announced the appointment of Ramesh Natarajan as its chief executive officer with immediate effect.

Which is the largest IT company in India?

Tata Consultancy Services (TCS) is considered to be the largest IT company in India in terms of Revenue and Captial.

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What is the business of Redington company?

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.

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.

What is the news in Redington?

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

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.

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