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.

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 India Debt Free?

Company is virtually debt free. Company has a healthy Interest coverage ratio of 11.15. The company has an efficient Cash Conversion Cycle of 20.49 days. The company has a good cash flow management; CFO/PAT stands at 1.29.

What is the intrinsic value of Redington?

As of today (2022-06-05), Redington (India)’s Intrinsic Value: Projected FCF is ₹257.74. The stock price of Redington (India) is ₹131.25.

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.

What is future of Redington share?

Redington India REDINGTON share price forecast & targets for Intra Day are 119.6, 118.42, 114.93 on the downside, and 125.45, 124.27, 126.63 on the upside.

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.

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.

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 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).

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.

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.

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.

What is the product of Redington?

PREMARKET

Finished Products
PRODUCT NAME	UNITS	SALES VALUE (Rs Cr.)
Computer Hardware	N.A	22,287.4800
Computer Hardware	N.A	22,287.4800
Computer Hardware	N.A	22,287.4800