Redington trades higher on BSE

05 Apr 2013

Redington (India) is currently trading at Rs 75.60, up by 1.50 points or 2.02% from its previous closing of Rs 74.10 on the BSE.

The scrip opened at Rs 76.20 and has touched a high and low of Rs 76.20 and Rs 71.20 respectively. So far 8611 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 82.30 and Rs 71.00 respectively. The current market cap of the company is Rs 2981.67 crore.

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

Credit rating agency, CRISIL has revised its ratings on the long-term bank facilities of Redington (India) to ‘A+ /Stable’ from ‘AA- / Negative’ and reaffirmed its existing rating on the short-term bank facilities and short term debt programme of the company at ‘A1+’ (the highest rating in this category).

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.

Related Redington (India) Ltd. Links:

Redington Share Price

188.45 8.10 (4.49%) May 10, 18:01
1 Year Price Chart
Company Name CMP
MMTC 48.50
Redington 188.45
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SEBI Registered: Investment Adviser - INA000013323