Who owns Redington India?

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 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.

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.

Is Redington a software company?

Redington is a leading supply chain solutions provider for global brands of IT hardware and software products.

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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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.

What are the products of Redington India?

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

Where is Redington based?

Redington Beach, Florida
Location in Pinellas County and the state of Florida
Coordinates: 27°48′42″N 82°48′42″W
Country United States
State Florida

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).

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.

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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Is Redington a multinational company?

The group operates through its three subsidiary companies viz. Redington India, Redington Gulf and Redington Singapore (Redington Distribution)….Redington Group.

Industry Mobile Handsets Mobile Accessories Information Technology Supply Chain Management
Founded May 2, 1961
Founder R. Srinivasan
Website www.redingtongroup.com

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.

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