Redington Ltd. Share Price

BREAKOUT STOCK TO WATCH FOR MONDAY – REDINGTON

BREAKOUT STOCK TO WATCH FOR MONDAY – REDINGTON 🔎 Stock: Redington Ltd. 📌 Friday reference price: ₹405.45 🚀 Watch above: ₹412 Technical Setup: Redington is showing a potential pre-breakout setup, with improving relative strength and buying pressure. A sustained move above ₹412, supported by strong volume, could signal fresh bullish momentum. Trading Plan for Monday: • Entry: Only after a confirmed breakout above ₹412. • Target: Trail profits using a minimum 1:2 risk-reward setup. • Stop-loss: Below the breakout candle's low, based on your entry and risk tolerance. • Confirmation: Monitor volume, market trend and price sustainability. ⚠️ Risk Factors: A gap-up opening or weak market sentiment can lead to a false breakout. Avoid chasing the stock if it opens sharply higher. My View: Keep Redington on your Monday watchlist and wait for price and volume confirmation before considering a trade. Disclaimer: For educational purposes only. Not a guaranteed return or personalized investment recommendation. Verify live prices before trading.

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Redington rises 3.7% as higher highs stay intact

Redington Limited shares rose 3.72% to Rs 412.75 on 5 October. The daily chart shows a higher high, higher low structure with support at Rs 390. Redington Limited [

] shares rose 3.72% to Rs 412.75 on 5 October. The stock continues to trade in a higher high, higher low structure on the daily chart. The session opened at Rs 400.45, touched a high of Rs 416.90 and closed near the upper end of the day's range. The stock has risen steadily since the sharp jump seen in August. A higher high, higher low structure means each rally goes above the previous peak and each pullback holds above the previous low. The RSI reads 64.41, which shows firm momentum but is still below the 70 mark that is often read as overbought. The structure does not rule out a pause. A stock that has risen this far can pull back, and a fall below the previous higher low would weaken it. Rs 390 is the immediate support. A fall below it would put lower levels in view. On the upside, Rs 419.50 is the immediate resistance. A move above it would bring fresh highs into focus. Neutral stance while price trades between Rs 390 and Rs 419.50. Disclaimer: I do not hold any position in this. This content is for informational purposes only and is not a recommendation to buy or sell. Investments in securities are subject to market risks. Please read all related documents carefully before investing.

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Redington's iPhone boost runs on a 1.4% margin

Redington Limited (NSE: REDINGTON) posted record Q1 FY27 profit of ₹486 crore, up 77%. The stock has doubled from its April low of ₹191 to about ₹388. What happened Revenue rose 34% to ₹34,966 crore, the highest ever. EBITDA jumped 76% to ₹707 crore. India was the star, with revenue up 63% and profit up 60%. Apple is the largest brand at 31% of revenue, followed by Lenovo at 11% and HP at 7%. Debt to equity is a modest 0.28. The iPhone 18 series goes on sale in India on 18 September. Why it matters Redington does not make phones. It moves them. For every ₹100 of product it distributes, it keeps about ₹1.40 as profit. So a strong iPhone cycle lifts revenue a lot, but profit only a little, unless the margin also improves. My view The margin did improve this quarter, and that is the real story. Profit grew more than twice as fast as revenue. The drivers were large enterprise deals, cloud and cybersecurity, not phones. One part of it may not last. PC prices were higher because of a memory chip shortage. That is price, not demand, and it fades when supply catches up. Now the maths that matters. Annual revenue is running near ₹1.4 lakh crore. Every 0.1 percentage point of margin is worth about ₹140 crore of profit, or roughly 10% of earnings. Small margin moves swing this stock hard, both ways. At about 20 times earnings, it is no longer cheap for a thin margin distributor. What I am watching iPhone 18 sell-through in the festive season, and Q2 FY27 results in November. I want profit margin holding near 1.4% and working capital under control. On the chart, ₹403 is the 52-week high and ₹340 is support. My stance: Hold. Do not chase after a double. Add near ₹340. Disclosure: I do not hold a position in Redington Limited at the time of writing. This is not investment advice.

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Collaborate to accelerate digital transformation in Africa

Code BSE: 532805 NSE:

Siemens and Redington collaborate to accelerate digital transformation across Africa Through this collaboration, engineers and designers across the continent will gain access to best-in-class solutions, including Teamcenter® software for product lifecycle management (PLM), Designcenter™ software for advanced product design and engineering, and Simcenter™ software for advanced simulation and testing. These tools are underpinned by Siemens’ industry-leading Digital Twin technology – which creates a highly accurate virtual model of physical assets – and cutting-edge Industrial AI capabilities that allow companies to predict failures, optimize production and innovate at unprecedented speeds. The partnership will give customers across Africa greater access to Siemens’ advanced industrial solutions, backed by the local expertise and support needed to maximize their value.

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REDINGTON COLLABORATES WITH SIEMENS FOR DIGITAL

REDINGTON COLLABORATES WITH SIEMENS FOR DIGITAL TRANSFORMATION IN AFRICA

Redington has entered into a strategic collaboration with Siemens to distribute Siemens Digital Industries Software across Egypt, Kenya, Ethiopia, Nigeria, Morocco and Tanzania. The partnership will bring the Siemens Xcelerator portfolio of industrial software to six key African markets, helping businesses access advanced digital solutions focused on industrial innovation, AI and Digital Twin capabilities. Customers across these markets will gain access to solutions including Teamcenter, Designcenter and Simcenter, covering areas such as product lifecycle management, engineering design and simulation. Redington will leverage its local market expertise and distribution capabilities to complement Siemens’ technology solutions and expand their reach across the region. The collaboration is expected to support businesses in adopting advanced digital technologies and improving operational efficiency as industrial digitalisation accelerates across Africa. Impact: Positive — The strategic partnership expands Redington’s presence in Africa’s growing industrial technology market and strengthens its portfolio through Siemens’ AI, Digital Twin and industrial software solutions.

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