Redington Stock Hits 52-Week High Amidst High Volatility and Strong Market Performance

Feb 10 2025 09:35 AM IST
share
Share Via
Redington's stock has reached a new 52-week high of Rs. 237.3, reflecting strong performance and significant momentum with a 16.97% return over four days. The stock is trading above all key moving averages and has outperformed the Sensex over the past year, highlighting its robust market position.
Redington, a prominent player in the IT hardware sector, has made headlines today as its stock price reached a new 52-week high of Rs. 237.3. This milestone reflects a robust performance, with the stock outperforming its sector by 1.73%. Over the past four days, Redington has demonstrated impressive momentum, accumulating a remarkable 16.97% return during this period.

Today's trading session has been characterized by high volatility, with an intraday volatility of 100.46%, indicating significant price fluctuations. The stock also touched an intraday high of Rs. 237.3, marking a 2.39% increase for the day.

In terms of moving averages, Redington is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. Over the past year, Redington has delivered a solid performance, achieving a 25.88% increase, significantly outpacing the Sensex, which recorded an 8.21% rise. This performance underscores Redington's strong market position within the midcap segment of the IT hardware industry.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News