Redington (India) is currently trading at Rs. 87.25, up by 1.60 points or 1.87% from its previous closing of Rs. 85.65 on the BSE.
The scrip opened at Rs. 86.00 and has touched a high and low of Rs. 89.05 and Rs. 85.15 respectively. So far 4,772 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 102.00 on 29-Jul-2011 and a 52 week low of Rs. 65.05 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 90.30 and Rs. 83.75 respectively. The current market cap of the company is Rs. 3,476.00 crore.
The promoters holding in the company stood at 21.08% while Institutions and Non-Institutions held 46.00% and 32.92% respectively.
Redington (India) has been appointed by VMware International, the global leader in virtualization and cloud infrastructure as ‘National Value Added Distributor’ for latter’s entire range of products in India. VMware enables enterprises to adopt a cloud model that addresses their unique business challenges. This tie-up would enable the company to further strengthen its Cloud offerings to its channel partners.
The company’s overseas arm - Redington International Mauritius (RIML), has recently, completed acquisition of balance 216,965 shares constituting 14.50% of its subsidiary Redington International Holdings (RIHL) from Investcorp.
Redington (India) engages in the business of vendor-authorized end-to-end supply chain management of information technology (IT) hardware and software products. The company distributes a range of IT products, such as networking, storage, and enterprise products, as well as servers and software solutions.
| Company Name | CMP |
|---|---|
| Redington | 234.90 |
| Adani Enterprises | 2218.35 |
| Amrapali Industries | 17.53 |
| Rashi Peripheral | 455.25 |
| PDS | 301.45 |
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