Is it good to buy Redington share?

Is it good to buy Redington share?

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 Redington Indian 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.

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

What are the products 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

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.

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.

Who is the owner of Redington?

Mr. R. Srinivasan has an Electrical Engineering degree from Madras University and an MBA degree from IIM, Ahmedabad. He is the Founder of Redington (India) Limited, a Technology Products Supply Chain Solution Company operating in India, the Middle East, Africa, and Turkey.

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.

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 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.

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.

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.

What does Redington Gulf do?

Redington Gulf FZE provides information technology products and services. The Company distributes notebooks, scanners, printers, projectors, consumables, desktops, servers, security and storage products, microprocessors, network solutions, displays, digital cameras, and projectors.