Redington Achieves Record Stock Price Amid Strong Market Performance and Resilience

Feb 17 2025 09:35 AM IST
share
Share Via
Redington's stock has reached an all-time high, nearing its 52-week peak, and has shown a significant increase over the past year, outperforming the Sensex. Despite a minor trend reversal, the stock remains above key moving averages, reflecting strong price momentum and resilience in the IT hardware sector.
Redington, a prominent player in the IT hardware sector, has captured attention today as its stock price reached an all-time high on February 17, 2025. Currently, the stock is just 1.25% shy of its 52-week high of Rs 248, reflecting a strong performance trajectory over the past year.

In terms of market positioning, Redington has demonstrated a remarkable 24.01% increase in its stock value over the last year, significantly outperforming the Sensex, which recorded a gain of only 4.32% during the same period. This impressive performance underscores Redington's robust standing in the midcap segment of the market.

Despite a slight trend reversal today following two consecutive days of gains, Redington continues to trade above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This indicates a solid underlying strength in its price momentum. Overall, Redington's performance metrics highlight its resilience and competitive edge within 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