REDINGTON

Is Redington a watch worth? Unpacking the Latest Share Performance and News

Redington Share: Latest Updates and Analysis Mumbai, India - Redington Limited (formerly Redington India Ltd.) is a prominent player in the technology product distribution and supply chain solutions sector. As of Friday, June 27, 2025, Redington's share price closed at ₹320.95, reflecting a significant increase of 7.97% compared to its previous closing price. The company achieved a new 52-week and all-time high of ₹329.75 on the same day. Recent Performance and Key Metrics: Current Price (June 27, 2025): ₹320.95 Market Capitalization: ₹25,091.05 Crores (approximately) 52-Week High/Low: ₹329.75 / ₹159.10 Year-to-Date Return (2025): Approximately 60.97% Last 5 Days Return: Approximately 9.84% TTM P/E Ratio: 11.83 (compared to sector P/E of 28.23) Dividend Yield: 2.11% (higher than industry average) P/B Ratio: 2.89 (higher than historical values) Latest Dividend Declared: ₹6.80 per share (340%), with a record date of July 4, 2025. Latest News and Developments: Strong Performance: Redington has shown robust upward momentum, with the stock hitting a new 52-week high recently. This surge is backed by significant trading volumes and strong buying interest. Financial Results: For the quarter ended March 2025, Redington reported a net profit of ₹665.62 Crores. The profit for the financial year ending March 31, 2025, jumped to ₹1,443.78 Crores, showing a substantial increase from the previous year. Revenue has also been consistently increasing over the last four quarters. Dividend Payout: The company announced a substantial 340% dividend payout (₹6.80 per share), which is set to be paid out on or before July 4, 2025. Leadership Changes: In a recent corporate announcement (June 11, 2025), Redington elevated Ramesh Natarajan as CEO of India and the Middle East, indicating strategic leadership moves.