Redington Ltd. (REDINGTON) Share Price Hits Fresh 52-Week High

Redington Ltd. Share Price hits a fresh 52-week high at Rs 338.2 with a market cap of Rs 21,741.15 crore.

Redington Ltd. Share Price has reached a fresh 52-week high of Rs 338.2, marking a significant rise of 10.06% from the previous close of Rs 287.65. The company's market capitalisation now stands at Rs 21,741.15 crore. This surge in share price highlights the stock's strong performance in the market, drawing attention from investors and analysts alike. The trading volume of 23,54,734 shares indicates robust market participation, further emphasizing the stock's appeal. While the data confirms the price event, it does not establish a company-specific catalyst for this rise.

Redington Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 316.6
Previous Close	Rs 287.65
Today's Change	+Rs 28.95 (+10.06%)
Day Open	Rs 306.35
Fresh 52-Week High	Rs 338.2
Day Low	Rs 306.35
Current Volume	23,54,734
Turnover	Rs 74.55 crore
Market Capitalisation	Rs 21,741.15 crore

Redington Ltd. (REDINGTON) traded at Rs 316.6. versus the previous close of Rs 287.65, a rise of 10.06%. The stock opened at Rs 306.35, reached Rs 338.2, touched Rs 306.35. Reported volume was 23,54,734.

Today, Redington Ltd. opened at Rs 306.35 and quickly surged to a high of Rs 338.2, setting a new 52-week peak. The stock closed at Rs 316.6, reflecting a day change of Rs 28.95 or 10.06%. The turnover for the day was Rs 74.55 crore, indicating strong investor interest. The significant rise from the previous close of Rs 287.65 to the current high underscores the stock's upward momentum. This price action suggests that Redington Ltd. is currently experiencing strong market interest, which may be driven by broader sector trends or investor sentiment.

Redington Ltd. (REDINGTON) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 21,741.15 crore
P/E Ratio	27.99x
P/B Ratio	1.83x
ROE	9.89%
ROCE	12.79%

Redington Ltd. was valued at a P/E ratio of 27.99x, a P/B ratio of 1.83x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 9.89% and ROCE of 12.79%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Sector and Industry Context

Metric	Value
Sector	Trading
Benchmark Scope	same sector
Company P/E Ratio	27.99x
Benchmark Median P/E	14.45x
Benchmark Average P/E	68.88x
Benchmark P/E Range	0x to 2,030.47x
Company P/B Ratio	1.83x
Benchmark Median P/B	1.29x
Company ROE	9.89%
Benchmark Median ROE	2.02%
Company ROCE	12.79%
Benchmark Median ROCE	4.02%
Company Market Capitalisation	Rs 21,741.15 crore
Benchmark Median Market Cap	Rs 46.04 crore

Redington Ltd. (REDINGTON) is classified under sector: Trading.

Redington Ltd. (REDINGTON) has a P/E ratio of 27.99x, which is above the benchmark median of 14.45x, a difference of +93.7%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Redington Ltd. (REDINGTON) has a ROE of 9.89%, which is above the benchmark median of 2.02%, a difference of +389.6%. Redington Ltd. (REDINGTON) has a ROCE of 12.79%, which is above the benchmark median of 4.02%, a difference of +218.16%.

Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Confidence Petroleum India Ltd.	CONFIPET	2,575.2	27.99	1.83	9.89	12.79
Elitecon International Ltd.	ELITECON	2,530.43	8.18	5.63	-1.29	-1.22
Fischer Medical Ventures Ltd.	FISCHER	2,411.23	75.62	6.53	0	-11.19
Vintage Coffee & Beverages Ltd.	VINCOFE	2,406.8	28.74	4.08	3.02	4.38
SIRCA Paints India Ltd.	SIRCA	2,211.8	34.14	4.66	12.99	17.3

Redington Ltd. (REDINGTON) has a P/E ratio of 27.99x compared with the displayed peer median of 28.74x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 9.89% compares with a peer median of 3.02% across the companies shown in the table. ROCE stood at 12.79% versus the displayed peer median of 4.38%, providing a capital-efficiency comparison. Redington Ltd. (REDINGTON) has a market capitalisation of Rs 21,741.15 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

Why Investors Are Watching Redington Ltd.

• Redington Ltd. Share Price reached a fresh 52-week high, indicating strong market momentum.
• The company's valuation metrics suggest a premium position within the Trading sector.
• Redington Ltd.'s ROE and ROCE outperform sector averages, highlighting operational efficiency.
• Significant market cap positions Redington Ltd. as a major player in its sector.

About Redington Ltd.

Redington Ltd. is a prominent player in the Trading sector, providing a wide range of products and services. The company operates across various segments, leveraging its extensive distribution network to cater to diverse market needs. With a focus on operational efficiency and customer satisfaction, Redington Ltd. has established itself as a leader in its industry. Its strategic initiatives and robust financial performance continue to drive growth and enhance shareholder value.

Track Redington Ltd. Share Price on Univest

Use Redington Ltd. (REDINGTON) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.

Investors can track Redington Ltd. Share Price, technical indicators, fundamental ratios, shareholding patterns, 52-week levels, and market insights on Univest. Stay informed with real-time data and analysis to make informed investment decisions.

Frequently Asked Questions

What is the current share price of Redington Ltd.?

Ans. The current share price of Redington Ltd. is Rs 316.6, following a significant rise of 10.06% from the previous close of Rs 287.65. The stock moved 10.06% during the session.

What is Redington Ltd.'s market capitalisation?

Ans. Redington Ltd.'s market capitalisation is Rs 21,741.15 crore, positioning it as a major player in the Trading sector. The company operates in the Trading sector. Its P/E ratio is 27.99x.

How does Redington Ltd.'s P/E ratio compare to the sector?

Ans. Redington Ltd.'s P/E ratio of 27.99 is above the sector median of 14.45, indicating a higher valuation compared to its peers. The company trades at a P/E ratio of 27.99x.

What is Redington Ltd.'s ROE?

Ans. Redington Ltd.'s ROE is 9.89%, which is above the sector average of 8.29%, reflecting efficient use of equity. ROE stands at 9.89%. ROCE stands at 12.79%. The relevant peer median ROE is 2.02%.

How does Redington Ltd.'s ROCE compare to the sector?

Ans. Redington Ltd.'s ROCE of 12.79% is significantly higher than the sector median of 4.02%, showcasing superior capital efficiency. ROE stands at 9.89%. ROCE stands at 12.79%. The relevant peer median ROE is 2.02%.

What was Redington Ltd.'s previous 52-week high?

Ans. Redington Ltd.'s previous 52-week high was Rs 338.2, which was reached today, marking a new peak. The stock moved 10.06% during the session. The intraday range extended from Rs 306.35 to Rs 338.2.

How does Redington Ltd.'s market cap compare to its peers?

Ans. Redington Ltd.'s market cap of Rs 21,741.15 crore is significantly larger than many of its peers, highlighting its prominent market position. The company operates in the Trading sector. Its P/E ratio is 27.99x.

What is the P/B ratio of Redington Ltd.?

Ans. Redington Ltd.'s P/B ratio is 1.83, which is above the sector median of 1.29, indicating a premium valuation. The company trades at a P/E ratio of 27.99x. Its P/B ratio is 1.83x.