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REDINGTON REVENUE GROWTH
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 26%The bulls, who were making a comeback attempt after the US-Iran peace deal, have been hit by the global meltdown in IT services stocks. As ...- Redington turns to air freight as Gulf conflict disrupts sea routesIndian IT distributor Redington is using more air freight to deliver products to the Middle East. Conflict has disrupted sea routes, forcin...
- Redington shares nosedive 5% as Middle East war disrupts operations of Gulf subsidiaryRedington share price dropped 5% as its Gulf operations face restrictions due to regional conflict. Shipments are rerouted, ports and airsp...
- Redington shares soar 14% as Q2 profit jumps 32% YoY to Rs 388 crore; revenue up 17%Redington's stock soared over 14% following its record quarterly results, fueled by a 17% revenue jump to Rs 29,118 crore and a 32% net pro...
- Redington shares rally 8% on iPhone 17 launch; gain 28% in five sessionsRedington Ltd Share price of surged 7.59% to Rs 310 on the BSE, gaining 28% over the past five sessions amid optimism around Apple’s iPhone...
- Redington shares surge 5%, up nearly 25% in just 2 sessions. What’s fuelling the rally?Redington Limited's shares are up because of the upcoming iPhone 17 sales. Pre-orders are happening now, and sales start on September 19. T...
- This multibagger stock is up 16% as iPhone 17 sales inch closerShares of Redington Ltd surged 16% to a day’s high of Rs 280 on September 16, driven by excitement around the iPhone 17 launch, with sales ...
- Redington shares zoom 9% after Q4 profit jumps 183% YoY on broad-based demandRedington shares: The company reported a consolidated net profit of Rs 917.7 crore for Q4 FY25, a significant increase from Rs 323.9 crore ...
- Underperform call on Redington, target price Rs 158: BNP Paribas SecuritiesBNP Paribas Securities rates Redington as underperform with a target price of Rs 158. The current market price is Rs 205.8. Redington's rev...
- Redington Q4 Results: Firm posts standalone profit of Rs 160.57 croreIntegrated technology solutions provider Redington Ltd has reported a standalone net profit for the January-March 2024 quarter at Rs 160.57...
- Redington Q2 Results: Firm posts 22% fall in profit on slow tech gadget demandTotal expenses jumped nearly 18% for the quarter ended Sept. 30, Redington, which distributes products of several major brands including Ap...
- Apple reseller Redington Q2 profit up as India sales of phones, laptops riseIndia distribution business continued to post double digit growth, Redington said. The company also caters to Singapore, Turkey, the Middle...
- Tech supply chain player Redington on digital pivot to ride cloud waveRedington, which supplies Apple iPhones as well as other electronic devices and software in India and other key markets, has been implement...
- Lira crisis hits this Indian firm real hard; analysts see an opportunityTurkish operations contribute 7.5 per cent to Redington India’s FY18 revenues.
- Buy Redington (India), target Rs 166: Edelweiss Financial ServicesBuy Redington (India) Ltd. at a price target of Rs 166.0 .
- We look Apple as an opportunity, not threat: Raj Shankar, MD, Redington IndiaRedington has managed to grow every single business in FY16, which was a perfect storm, which was having the highest adversity, said the ma...
- Apple's change in distribution strategy a concern for Redington?In the short term, deceleration in the global volume growth of Apple’s flagship products — iPhone and iPad — may not hamper Redington India.
- Redington India: Getting better due to Digital India pushAnalysts are getting bullish on Redington India despite weak first quarter results as it has started improving at the operational level.
- With most negatives factored in, consider Redington for long-term investingThough Redington compensated the revenue loss by distributing Apple phones, the shift from Blackberry to iPhones has resulted in a margin c...
- Deal with Apple to boost Redington India's earningsThis deal is expected to contribute additional Rs 1100 crore to the company's revenues in the remaining five months of the current fiscal.
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