What is the business of Redington?

What is the business of Redington?

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 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

Is Redington a product based company?

Redington or Redington Group is an organization of companies offering services and products in the field of mobile handsets, mobile accessories, information technology services, artificial intelligence, big data analysis, 5G communications, Internet of Things and supply chain management.

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.

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.

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Is Redington a good share?

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.

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.

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.

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.

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.

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.

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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

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.

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