Redington (REDINGTON) Share Price Falls 3.85% Today; What the Decline Signals
- September 1, 2026
- Posted by: Harsh Piplani
- Category: News
Redington Share Price fell to Rs 378.5 on 15 September 2026, down 3.85% for the day, taking the company’s market capitalisation to Rs 30,774.55 crore. The stock is drawing attention because the decline was notable within a large-cap name, while turnover stood at Rs 7.17 crore and intraday trade stretched from Rs 376.1 to Rs 399.5.
For investors tracking Redington Share Price Today, the supplied data confirms a clear single-session decline from the previous close of Rs 393.65. What it does not establish is any company-specific catalyst. That makes today’s move relevant as a pure price-action event backed by verified market data rather than an announced trigger. Redington Stock News is therefore being driven by the size of the move, the stock’s still-elevated RSI of 70.94, and the fact that the share price remains above key long-term moving average reference points. In this Univest analysis, investors should monitor whether the stock stabilises near today’s low, how valuation stacks up against the Trading industry, and how Redington compares with listed peers.
Redington (REDINGTON) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 378.5 |
| Previous Close | Rs 393.65 |
| Today's Move | -Rs 15.15 (-3.85%) |
| Open | Rs 396.95 |
| High | Rs 399.5 |
| Low | Rs 376.1 |
| Turnover | Rs 7.17 crore |
| Market Capitalisation | Rs 30,774.55 crore |
| Market Cap Category | Large Cap |
Redington Share Price Today reflected a sharp intraday reset, with the stock opening at Rs 396.95, rising to a day high of Rs 399.5, and then sliding to a day low of Rs 376.1 before trading at Rs 378.5. The move represents a fall of Rs 15.15 from the previous close of Rs 393.65, or 3.85%, with turnover of Rs 7.17 crore.
This price action shows that Redington started the session above the prior close range but lost ground through the day, finishing much closer to the low than the high. For a Large Cap company, that kind of intraday spread signals a meaningful shift in near-term sentiment even without a verified company-specific reason in the supplied data. Redington Share News and Redington Share Price Update are therefore centred on the day’s downside move rather than on any confirmed announcement.
At the same time, the broader backdrop is not uniformly weak. The current price of Rs 378.5 is still above the 50 DMA of Rs 355.58 and comfortably above the 200 DMA of Rs 274.87. With RSI at 70.94, the stock had entered an elevated momentum zone before today’s decline, which adds context to why this bout of profit-taking is being watched closely on Univest.
Redington (REDINGTON) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 30,774.55 crore |
| P/E Ratio | 18.09x |
| P/B Ratio | 2.9x |
| ROE | 13.6% |
| ROCE | 18.96% |
| EPS | Rs 21.76 |
| Book Value Per Share | Rs 135.76 |
| Dividend Yield | 1.52% |
Redington Fundamental Analysis suggests that the stock’s market attention is not only about today’s decline; it is also about how a large-cap trading company is valued relative to its profitability. Redington carries a market cap of Rs 30,774.55 crore, trades at a P/E ratio of 18.09 and a P/B ratio of 2.9, and offers a dividend yield of 1.52.
On profitability, the company’s ROE stands at 13.6% and ROCE at 18.96%, while EPS is Rs 21.76. EPS matters because it reflects earnings attributable to each share, and Redington’s valuation multiple is being applied to that earnings base. Book value per share is Rs 135.76, which represents the accounting net worth behind each share and provides context for the P/B ratio of 2.9. The dividend yield of 1.52 shows the historical payout relative to the current stock price, adding an income dimension to the Redington Share Price discussion.
From a pure financial-ratio perspective, the supplied figures show a company with profitability metrics that sit above many industry benchmark averages, but with valuation that is not stretched versus several listed peers. That is why Univest sees Redington Stock Analysis as a blend of near-term price weakness and still-relevant fundamental quality.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Trading |
| Industry | Trading |
| Benchmark Scope | same industry |
| Company P/E Ratio | 18.09x |
| Benchmark Median P/E | 24.19x |
| Benchmark Average P/E | 113.26x |
| Benchmark P/E Range | 0.12x to 8,715.25x |
| Company P/B Ratio | 2.9x |
| Benchmark Median P/B | 1.39x |
| Benchmark Average P/B | 4.85x |
| Company ROE | 13.6% |
| Benchmark Median ROE | 4.03% |
| Benchmark Average ROE | 5.08% |
| Company ROCE | 18.96% |
| Benchmark Median ROCE | 5.88% |
| Benchmark Average ROCE | 7.57% |
| Company Market Capitalisation | Rs 30,774.55 crore |
| Benchmark Median Market Cap | Rs 51.56 crore |
| Benchmark Average Market Cap | Rs 1,626.62 crore |
The sector benchmark shows why Redington Share Price remains on investor radar despite today’s fall. Within the same industry benchmark of 479 companies in Trading, Redington’s P/E of 18.09 is below the median of 24.19 and far below the average of 113.26, with the benchmark range running from 0.12 to 8,715.25 across 343 companies with P/E data.
Valuation and return ratios also look notable in context. Redington’s P/B of 2.9 compares with a Trading industry median of 1.39 and average of 4.85 across 478 companies, placing it above the median but below the average. On returns, the company’s ROE of 13.6 is well above the industry median of 4.03 and average of 5.08 across 477 companies. Its ROCE of 18.96 is similarly above the median of 5.88 and average of 7.57 across 477 companies.
Size also matters. The industry’s median market capitalisation is Rs 51.56 crore and the average is Rs 1,626.62 crore, while Redington Market Cap stands at Rs 30,774.55 crore. The benchmark range spans from Rs 0.94 crore to Rs 4,13,846.54 crore. In short, Redington sits in a much larger-company bracket than the typical Trading peer, with valuation lower than the sector median on P/E but higher than median on P/B. Univest reads that mix as balanced rather than extreme.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Adani Enterprises | ADANIENT | 4,13,846.54 | 55.59 | 4.39 | 15.07 | 13.3 |
| Aegis Logistics | AEGISLOG | 47,493.81 | 37.96 | 7.2 | 20.71 | 19.76 |
| ADITYA INFOTECH | CPPLUS | 45,310.84 | 94.94 | 22.48 | 25.68 | 29.48 |
| Premier Energies | PREMIERENE | 44,239.84 | 26.57 | 9.3 | 42.6 | 33.72 |
| Honasa Consumer | HONASA | 15,354.11 | 61.7 | 10.51 | 15.83 | 20.87 |
Peer comparison shows Redington occupying a middle ground on valuation and returns versus larger and high-multiple Trading names. Redington’s market cap of Rs 30,774.55 crore is below Adani Enterprises at Rs 4,13,846.54 crore, Aegis Logistics at Rs 47,493.81 crore, ADITYA INFOTECH at Rs 45,310.84 crore and Premier Energies at Rs 44,239.84 crore, but above Honasa Consumer at Rs 15,354.11 crore.
On valuation, Redington’s P/E of 18.09 is lower than Adani Enterprises at 55.59, Aegis Logistics at 37.96, ADITYA INFOTECH at 94.94, Premier Energies at 26.57 and Honasa Consumer at 61.7. Its P/B of 2.9 is also below those peers, which range from 4.39 to 22.48. That makes Redington relatively lower-valued on the supplied peer multiples.
Returns are more mixed. Redington’s ROE of 13.6 trails Aegis Logistics at 20.71, ADITYA INFOTECH at 25.68, Premier Energies at 42.6 and Honasa Consumer at 15.83, though it is close to Adani Enterprises at 15.07. Its ROCE of 18.96 is above Adani Enterprises at 13.3 but below Aegis Logistics at 19.76, Premier Energies at 33.72 and Honasa Consumer at 20.87. For Redington Share Price, that means the stock offers lower multiples than these peers, with profitability that is respectable but not the strongest in the set.
Why Investors Are Watching Redington
- Price action: The stock fell 3.85% to Rs 378.5 from Rs 393.65, after moving between Rs 399.5 and Rs 376.1.
- Technical backdrop: Even after the decline, the stock remains above the 50 DMA of Rs 355.58 and the 200 DMA of Rs 274.87, while RSI is 70.94.
- Valuation: The P/E of 18.09 is below the Trading industry median of 24.19 and well below several listed peers.
- Profitability: ROE of 13.6% and ROCE of 18.96% are above the same-industry benchmark medians of 4.03% and 5.88%.
- Company size: With a market capitalisation of Rs 30,774.55 crore, Redington remains far larger than the industry median of Rs 51.56 crore.
About Redington
Redington is classified in the Trading sector and Trading industry in the supplied data. That makes Redington Share Price part of a broad listed universe where valuations, returns and company size can vary widely, from micro-cap names to large businesses with market capitalisation above Rs 4 lakh crore. Based on this verified classification, investors following Redington Company News are comparing it primarily against other Trading companies on valuation, profitability and scale rather than against unrelated sectors. Univest therefore frames Redington within this industry peer set when assessing its stock performance and current market position.
Track Redington Share Price on Univest
UseRedington (REDINGTON) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
Investors tracking Redington Share Price can use Univest to follow live share price moves, market capitalisation, valuation ratios, dividend yield, 52-week levels, technical indicators and peer comparison in one place. Redington Share Price Live coverage on Univest also helps users monitor stock updates, sector context and broader market signals without relying on a single-day move alone.
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. Redington Share Price fell 3.85% to Rs 378.5 from the previous close of Rs 393.65. The supplied data confirms the price decline and intraday weakness, but it does not establish any company-specific catalyst behind today’s move.
What is Redington Share Price Today?
Ans. Redington Share Price Today is Rs 378.5 as of the supplied timestamp. The stock opened at Rs 396.95, touched a high of Rs 399.5, fell to Rs 376.1, and was down Rs 15.15 for the session.
What does today’s intraday range show for Redington?
Ans. The intraday range of Rs 399.5 to Rs 376.1 shows that Redington traded with a wide spread before settling near the lower end of the day’s band. That usually indicates stronger downside pressure during the session.
Is Redington expensive based on P/E ratio?
Ans. Redington’s P/E ratio is 18.09, which is below the same-industry median of 24.19 and below peers such as Adani Enterprises, Aegis Logistics, Premier Energies and Honasa Consumer. On supplied figures alone, its earnings multiple looks comparatively moderate.
How profitable is Redington compared with its industry?
Ans. Redington reports ROE of 13.6% and ROCE of 18.96%. Both are above the Trading industry median levels of 4.03% and 5.88%, and also above the industry averages of 5.08% and 7.57%.
What do EPS, book value and dividend yield show for Redington?
Ans. Redington’s EPS is Rs 21.76, book value is Rs 135.76 per share, and dividend yield is 1.52. Together, these figures show the earnings base, net-worth backing and historical payout context behind the current stock price.
How large is Redington compared with the Trading industry?
Ans. Redington has a market capitalisation of Rs 30,774.55 crore, far above the Trading industry median of Rs 51.56 crore and average of Rs 1,626.62 crore. That places it in a materially larger-company bracket within the benchmark universe.
Which factors should investors track next in Redington Stock News?
Ans. Investors can track whether Redington holds above Rs 376.1 after today’s fall, how Redington Share Price behaves relative to its 50 DMA and 200 DMA, and whether valuation stays favourable against industry and peer benchmarks.
