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Redington (India) trades higher on the bourses

Redington Ltd. | Trading | Miscellaneous | BSE: 532805 | NSE: REDINGTON

19 Sep 2011 Evaluate

Redington (India) is currently trading at Rs. 94.00, up by 1.75 points or 1.90% from its previous closing of Rs. 92.25 on the BSE.

The scrip opened at Rs. 94.00 and has touched a high and low of Rs. 94.45 and Rs. 91.00 respectively. So far 4,221 shares were traded on the counter.

The BSE group 'B' 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. 66.50 on 27-Jan-2011.

Last one week high and low of the scrip stood at Rs. 98.80 and Rs. 91.00 respectively. The current market cap of the company is Rs. 3,742.00 crore.

The promoters holding in the company stood at 21.10% while Institutions and Non-Institutions held 46.09% and 32.81% respectively.

Redington (India) has been appointed as a distributor by Polycom Asia Pacific (Polycom) for their Audio & Video Conferencing Products across India and other SAARC Region except Pakistan and Afghanistan. This partnership with Polycom will enable the company to expand in the distribution of audio and video conferencing products in the networking segment.

Polycom is a worldwide leader in the field of tele and video conferencing products. It manufactures telepresence and voice communications solutions. Polycom's first products to market were audio conferencing speakerphones. Soon after, the company added content sharing, video conferencing and video network/bridging products to its portfolio.

Recently, the company had been appointed to distribute Vodafone branded mobiles and telecom products across India to the channel addressing the retail space. Under this tie-up the company would sell through the re-distribution stockist to be appointed across India.

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.

Redington Share Price

234.90 6.90 (3.03%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Redington	234.90
Adani Enterprises	2218.35
Amrapali Industries	17.53
Rashi Peripheral	455.25
PDS	301.45
View more..

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Redington (India) trades higher on the bourses

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