Redington (REDINGTON) Share Price Falls 2.15% Today; Stock Analysis, Valuation and Sector View
- September 1, 2026
- Posted by: Harsh Piplani
- Category: News
Redington Share Price fell to Rs 350.5 on 01 September 2026 at 9:49:35 AM IST, down 2.15% or Rs 7.7 from the previous close of Rs 358.2. The move puts the Large Cap Trading stock back in focus as traders assess the day’s price action, while longer-term investors compare the decline with the company’s valuation, profitability and position within its industry benchmark.
The supplied market data confirms the fall but does not assign a company-specific reason for it. What is clear is that the stock opened at Rs 358, touched a high of Rs 358.35, slipped to a low of Rs 346.9 and was trading around Rs 350.5, with turnover of Rs 3.63 crore. Redington also carries a market capitalisation of Rs 28,601.22 crore, P/E of 16.46, P/B of 2.64, ROE of 13.6%, ROCE of 18.96%, EPS of 21.76, book value of Rs 135.76 and dividend yield of 1.68%.
Redington (REDINGTON) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 350.5 |
| Previous Close | Rs 358.2 |
| Today's Move | -Rs 7.70 (-2.15%) |
| Open | Rs 358 |
| High | Rs 358.35 |
| Low | Rs 346.9 |
| Turnover | Rs 3.63 crore |
| Market Capitalisation | Rs 28,601.22 crore |
| Market Cap Category | Large Cap |
From an intraday perspective, the session weakened after a nearly flat start. The opening price of Rs 358 was close to the previous close of Rs 358.2, and the stock only managed a marginal uptick to Rs 358.35 before moving lower. That sequence suggests selling pressure developed during the session rather than arriving through a major opening gap.
The trading band between Rs 346.9 and Rs 358.35 also shows that the stock tested lower levels before recovering somewhat from the day’s bottom. For short-term market watchers, that low becomes an important session reference, while the inability to hold above the previous close keeps the tone weak for the day. Even so, one session alone does not define the full picture, which is why the fundamental and comparative data matter here.
Redington (REDINGTON) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 28,601.22 crore |
| P/E Ratio | 16.46x |
| P/B Ratio | 2.64x |
| ROE | 13.6% |
| ROCE | 18.96% |
| EPS | Rs 21.76 |
| Book Value Per Share | Rs 135.76 |
| Dividend Yield | 1.68% |
On fundamentals, Redington remains a sizeable company within its benchmark set. Its market capitalisation of Rs 28,601.22 crore is far above the Trading industry median market cap of Rs 54.39 crore and also above the average of Rs 1,694.39 crore. That difference in scale matters because it places the company among the bigger listed names in the same-industry dataset.
Valuation metrics show a P/E of 16.46 and P/B of 2.64. On profitability, ROE stands at 13.6% and ROCE at 18.96%, both clearly positive. EPS is Rs 21.76, while book value per share is Rs 135.76, offering a balance-sheet reference against the current market price of Rs 350.5. Dividend yield is 1.68%, which provides historical payout context but should not be interpreted as a future commitment.
Put together, these figures suggest the latest decline is taking place in a stock that still has measurable earnings, positive returns and a moderate earnings multiple relative to much of the broader benchmark. That does not predict what happens next, but it does help frame the move beyond a single trading session.
Technical Snapshot
The available technical indicators provide an additional layer of context. The stock’s RSI is 62.16, while the 50-day moving average is Rs 336.11 and the 200-day moving average is Rs 267.05. With the current price at Rs 350.5, the stock remains above both the 50-DMA and 200-DMA in the supplied data.
That positioning indicates that, despite the day’s decline, the stock is still trading above these longer reference levels. At the same time, a one-day fall from near the opening range to below the previous close shows near-term softness. This mix can matter to market participants because a stock may be weak on the day while still holding above broader trend markers.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Trading |
| Industry | Trading |
| Benchmark Scope | same industry |
| Company P/E Ratio | 16.46x |
| Benchmark Median P/E | 22.92x |
| Benchmark Average P/E | 108.35x |
| Benchmark P/E Range | 0.12x to 8,150.14x |
| Company P/B Ratio | 2.64x |
| Benchmark Median P/B | 1.4x |
| Benchmark Average P/B | -0.53x |
| Company ROE | 13.6% |
| Benchmark Median ROE | 4.25% |
| Benchmark Average ROE | 4.73% |
| Company ROCE | 18.96% |
| Benchmark Median ROCE | 6.21% |
| Benchmark Average ROCE | 7.79% |
| Company Market Capitalisation | Rs 28,601.22 crore |
| Benchmark Median Market Cap | Rs 54.39 crore |
| Benchmark Average Market Cap | Rs 1,694.39 crore |
The same-industry benchmark covers 458 companies, and Redington’s metrics sit in a notable position within that set. Its P/E of 16.46 is below the median P/E of 22.92 and far below the average of 108.35. The benchmark range is wide, from 0.12 to 8,150.14, so the median is usually the more useful comparison point.
Its P/B of 2.64 is above the benchmark median of 1.4. Meanwhile, profitability compares favorably: ROE of 13.6% exceeds the benchmark median of 4.25% and average of 4.73%, while ROCE of 18.96% is above the median of 6.21% and average of 7.79%. This creates an interesting mix of lower-than-median earnings valuation and stronger-than-benchmark return ratios.
That does not make the stock immune to weak sessions, but it does show that the current move is happening in a company whose supplied profitability measures compare better than much of the industry sample. For investors, this sector context can be more informative than price action alone.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Adani Enterprises | ADANIENT | 4,28,588.58 | 53.11 | 4.19 | 15.07 | 13.3 |
| Premier Energies | PREMIERENE | 46,030.68 | 27.81 | 9.69 | 42.6 | 33.72 |
| Aegis Logistics | AEGISLOG | 45,264.96 | 35.5 | 6.73 | 20.71 | 19.76 |
| ADITYA INFOTECH | CPPLUS | 42,315.47 | 88.47 | 20.95 | 25.68 | 29.48 |
| Honasa Consumer | HONASA | 15,347.59 | 62.99 | 10.43 | 6.52 | 8.99 |
Against the supplied peer set, Redington looks cheaper on earnings multiple. Its P/E of 16.46 is lower than Adani Enterprises at 53.11, Premier Energies at 27.81, Aegis Logistics at 35.5, ADITYA INFOTECH at 88.47 and Honasa Consumer at 62.99.
By market value, it sits below Adani Enterprises, Premier Energies, Aegis Logistics and ADITYA INFOTECH, but above Honasa Consumer. On ROE, Redington’s 13.6% is below Adani, Premier, Aegis and ADITYA INFOTECH, while remaining above Honasa’s 6.52%. ROCE of 18.96% is above Adani’s 13.3% and Honasa’s 8.99%, close to Aegis Logistics at 19.76%, and below Premier Energies and ADITYA INFOTECH.
So the peer picture is mixed but understandable: the stock does not carry the high multiples seen in several peers, while its return profile remains competitive against parts of the group.
Why Investors Are Watching Redington
- The stock fell 2.15% to Rs 350.5 from Rs 358.2.
- It opened almost flat at Rs 358 but weakened after an intraday high of Rs 358.35.
- The day’s low of Rs 346.9 shows meaningful intraday pressure.
- P/E of 16.46 is below the same-industry median of 22.92.
- ROE of 13.6% and ROCE of 18.96% are above the supplied benchmark medians and averages.
- The company’s market cap of Rs 28,601.22 crore is much larger than the industry median size.
About Redington
Redington is classified under the Trading sector and Trading industry in the supplied data. Within that framework, the stock is typically assessed through valuation ratios, profitability measures and relative scale against other listed companies in the same benchmark universe. The current dataset shows a large-cap business with positive returns on equity and capital, a moderate earnings multiple and a market value that is substantially above the industry median.
Track Redington Share Price on Univest
Use Redington (REDINGTON) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
Investors following Redington Share Price can use these pages to connect intraday moves with valuation ratios, profitability measures and broader sector context, using the same figures referenced in this article.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Redington Share Price falling today?
Ans. The stock is down 2.15% to Rs 350.5 from the previous close of Rs 358.2. The supplied data confirms the decline and intraday weakness, but it does not identify any company-specific catalyst.
What is Redington Share Price Today?
Ans. Redington Share Price Today is Rs 350.5 as of 01 September 2026 at 9:49:35 AM IST, down Rs 7.7 or 2.15% for the session. The previous close was Rs 358.2.
What does valuation look like after today’s fall?
Ans. The stock trades at a P/E of 16.46 and P/B of 2.64. Its P/E is below the same-industry median of 22.92 in the supplied benchmark. The company trades at a P/E ratio of 16.46x.
How profitable is Redington versus its sector benchmark?
Ans. ROE is 13.6% and ROCE is 18.96%, both above the benchmark median figures of 4.25% and 6.21%, and also above the benchmark averages of 4.73% and 7.79%. The stock belongs to the Trading sector.
How does the stock compare with peers on P/E?
Ans. Its P/E of 16.46 is lower than the supplied peer values for Adani Enterprises, Premier Energies, Aegis Logistics, ADITYA INFOTECH and Honasa Consumer. The company trades at a P/E ratio of 16.46x.
