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

Redington Ltd. Share Price hits a fresh 52-week high at Rs 346.2, up 5.52%. Market cap stands at Rs 25,145.77 crore.

Redington Ltd. Share Price has reached a fresh 52-week high of Rs 346.2, marking a 5.52% increase from the previous close of Rs 321.65. The company's market capitalisation now stands at Rs 25,145.77 crore. This significant price movement highlights investor interest in Redington Ltd., a key player in the trading sector. The surge in share price is noteworthy, although the data does not specify a company-specific catalyst for this rise. Investors are closely monitoring Redington Ltd. for further developments.

Redington Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 339.4
Previous Close	Rs 321.65
Today's Change	+Rs 17.75 (+5.52%)
Day Open	Rs 320.15
Fresh 52-Week High	Rs 346.2
Day Low	Rs 320
Current Volume	4,51,422
Turnover	Rs 15.32 crore
Market Capitalisation	Rs 25,145.77 crore

Redington Ltd. (REDINGTON) traded at Rs 339.4. versus the previous close of Rs 321.65, a rise of 5.52%. The stock opened at Rs 320.15, reached Rs 346.2, touched Rs 320. Reported volume was 4,51,422.

Today, Redington Ltd. opened at Rs 320.15 and reached a high of Rs 346.2, setting a new 52-week high. The stock closed at Rs 339.4, reflecting a day change of Rs 17.75 or 5.52%. The day's low was Rs 320, with a turnover of Rs 15.32 crore. Trading volume was 451,422 shares, indicating strong market participation. The breakout from the previous 52-week high underscores the stock's upward momentum.

Redington Ltd. (REDINGTON) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 25,145.77 crore
P/E Ratio	28.48x
P/B Ratio	1.86x
ROE	9.89%
ROCE	12.79%

Redington Ltd. was valued at a P/E ratio of 28.48x, a P/B ratio of 1.86x. 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	28.48x
Benchmark Median P/E	13.98x
Benchmark Average P/E	68.02x
Benchmark P/E Range	0x to 2,017.86x
Company P/B Ratio	1.86x
Benchmark Median P/B	1.32x
Company ROE	9.89%
Benchmark Median ROE	1.77%
Company ROCE	12.79%
Benchmark Median ROCE	3.62%
Company Market Capitalisation	Rs 25,145.77 crore
Benchmark Median Market Cap	Rs 42.56 crore

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

Redington Ltd. (REDINGTON) has a P/E ratio of 28.48x, which is above the benchmark median of 13.98x, a difference of +103.72%. 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 1.77%, a difference of +458.76%. Redington Ltd. (REDINGTON) has a ROCE of 12.79%, which is above the benchmark median of 3.62%, a difference of +253.31%.

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	2,645.3	28.48	1.86	9.89	12.79
Fischer Medical Ventures Ltd.	FISCHER	2,549.34	82.19	7.1	0	-11.19
Elitecon International Ltd.	ELITECON	2,503.25	8.1	5.57	-1.29	-1.22
SIRCA Paints India Ltd.	SIRCA	2,390.12	35.66	4.86	12.99	17.3
Vintage Coffee & Beverages Ltd.	VINCOFE	2,197.33	27.9	3.82	3.02	4.38

Redington Ltd. (REDINGTON) has a P/E ratio of 28.48x compared with the displayed peer median of 28.48x. 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 25,145.77 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 interest.
• Fundamentals show a higher P/E and P/B ratio compared to sector medians.
• ROE and ROCE are significantly above sector averages, reflecting efficiency.
• Dominant market cap in the trading sector highlights its market leadership.

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, catering to diverse market needs. With a strong market presence and a focus on efficient operations, Redington Ltd. has established itself as a leader in its industry. Its strategic initiatives and robust financial performance continue to attract investor attention.

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.

Track Redington Ltd. Share Price, technical indicators, fundamental ratios, shareholding pattern, 52-week levels, and market insights on Univest for comprehensive analysis.

Frequently Asked Questions

What is the current share price of Redington Ltd.?

Ans. The current share price of Redington Ltd. is Rs 339.4, reflecting a 5.52% increase from the previous close of Rs 321.65. The stock moved 5.52% during the session. The intraday range extended from Rs 320 to Rs 346.2.

What is Redington Ltd.'s market capitalisation?

Ans. Redington Ltd.'s market capitalisation is Rs 25,145.77 crore, indicating its substantial presence in the trading sector. The company operates in the Trading sector. Its P/E ratio is 28.48x. ROE is 9.89% and ROCE is 12.79%.

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

Ans. Redington Ltd.'s P/E ratio of 28.48 is above the sector median of 13.98, suggesting a premium valuation compared to peers. The company trades at a P/E ratio of 28.48x. Its P/B ratio is 1.86x.

What are Redington Ltd.'s ROE and ROCE?

Ans. Redington Ltd. has a ROE of 9.89% and a ROCE of 12.79%, both significantly higher than the sector medians. ROE stands at 9.89%. ROCE stands at 12.79%. The relevant peer median ROE is 1.77%.

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

Ans. The previous 52-week high for Redington Ltd. was surpassed today, reaching a new high of Rs 346.2. The stock moved 5.52% during the session. The intraday range extended from Rs 320 to Rs 346.2.

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

Ans. Redington Ltd.'s market cap of Rs 25,145.77 crore is significantly higher than its peers, indicating its market dominance. The company operates in the Trading sector. Its P/E ratio is 28.48x.

What is the sector benchmark for P/B ratio?

Ans. The sector benchmark for P/B ratio is a median of 1.32, with Redington Ltd. exceeding this at 1.86. The company trades at a P/E ratio of 28.48x. Its P/B ratio is 1.86x.

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

Ans. Redington Ltd.'s ROE of 9.89% is significantly higher than the sector average of 7.36%, reflecting strong profitability. ROE stands at 9.89%. ROCE stands at 12.79%. The relevant peer median ROE is 1.77%.