Redington Ltd Soars 9.27% to Day High of Rs 284 Amid Strong Intraday Performance

Sep 29 2025 03:16 PM IST
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Redington, a small-cap company in the Trading & Distributors sector, experienced a notable rebound on September 29, 2025, after five days of decline. The stock outperformed its sector and has shown significant gains over the past month and year, indicating resilience amid broader market fluctuations.
Redington, a small-cap player in the Trading & Distributors industry, has shown significant activity today, gaining 9.27% as of September 29, 2025. The stock reached an intraday high of Rs 284, reflecting a 7.29% increase during the trading session. This performance marks a notable trend reversal for Redington, which had experienced five consecutive days of decline prior to today.

In terms of market performance, Redington outperformed its sector by 4.83%, while the broader market, represented by the Sensex, faced a slight decline of 0.04%. The stock's performance over various time frames is also noteworthy; it has risen 21.79% over the past month and 56.19% over the past year, significantly outpacing the Sensex, which has seen a decline of 6.04% in the same period.

Additionally, Redington's moving averages indicate a strong position, as the stock is currently above its 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below its 5-day moving average. Overall, Redington's performance today highlights its resilience in a fluctuating market environment.
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