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Redington shines on tying up with Amazon Seller Services

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

27 Feb 2013 Evaluate

Redington is currently trading at Rs. 85.00, up by 0.15 points or 0.18% from its previous closing of Rs. 84.85 on the BSE.

The scrip opened at Rs. 86.30 and has touched a high and low of Rs. 88.00 and Rs. 84.10 respectively. So far 6,306 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 94.00 on 23-Apr-2012 and a 52 week low of Rs. 65.00 on 13-Aug-2012.

Last one week high and low of the scrip stood at Rs. 87.40 and Rs. 80.00 respectively. The current market cap of the company is Rs. 3,392 crore.

The promoters holding in the company stood at 21.06% while Institutions and Non-Institutions held 46.43% and 32.51% respectively.

Redington (India) has tied up with Amazon Seller Services, a wholly owned subsidiary of Amazon.com. The Company is a National Distributor for Amazon Seller’s Kindle devices. This distribution tie up will give the company an entry into e-reader segment.

Amazon.com is a Fortune 500 company based in Seattle and is engaged in the e-commerce business and offers wide range of products online in categories such as Books, Movies, Music and Games, etc. Amazon Kindle devices enable users to shop for download, browse and read e-books, newspapers, magazines, blogs, and other digital media via wireless networking.

Redington (India) is engaged 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 shines on tying up with Amazon Seller Services

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