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Umang Bhutada

10th Jun Β· SEBI-Registered Analyst

Redington Limited – Momentum $REDINGTON Important Levels: Support: 285 – 275 Resistance: 320 – 340 Structure: Strong uptrend with healthy consolidation Business: Leading technology distributor across India, Middle East & Africa Benefits from growth in IT hardware, cloud and enterprise solutions Asset-light business model Earnings: Consistent revenue growth Strong cash flow generation Improving return ratios Verdict: πŸ‘‰ Strong technology distribution play πŸ‘‰ Momentum remains positive

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