Redington (India) Today

REDINGTON   193.88  2.65  1.39%   

Performance

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Redington is selling for under 193.88 as of the 21st of November 2024; that is 1.39 percent increase since the beginning of the trading day. The stock's last reported lowest price was 190.53. Redington has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Redington Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Software & Services
Category
Technology
Classification
Information Technology
Redington is entity of India. It is traded as Stock on NSE exchange. The company has 781.77 M outstanding shares. More on Redington Limited

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Moving against Redington Stock

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Redington Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Redington's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Redington or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President DivisionGautam Hukku
Business ConcentrationIT Consulting & Other Services, Information Technology Services, Information Technology, Information Technology, IT Services, Information Technology Services, Technology (View all Sectors)
Redington's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Redington's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Redington can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Redington's financial leverage. It provides some insight into what part of Redington's total assets is financed by creditors.
Liquidity
Redington cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Redington Limited has accumulated 29.58 B in total debt. Debt can assist Redington until it has trouble settling it off, either with new capital or with free cash flow. So, Redington's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Redington Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Redington to invest in growth at high rates of return. When we think about Redington's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

764.08 Million
Redington Limited (REDINGTON) is traded on National Stock Exchange of India in India and employs 5,037 people. Redington is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 148.62 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Redington's market, we take the total number of its shares issued and multiply it by Redington's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Redington Limited operates under IT Services sector and is part of Information Technology industry. The entity has 781.77 M outstanding shares. Redington Limited has accumulated about 4.88 B in cash with 10.79 B of positive cash flow from operations.
Check Redington Probability Of Bankruptcy
Ownership Allocation
Redington owns a total of 781.77 Million outstanding shares. Redington has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Redington Ownership Details

Redington Limited Risk Profiles

Although Redington's alpha and beta are two of the key measurements used to evaluate Redington's performance over the market, the standard measures of volatility play an important role as well.

Redington Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Redington without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Redington Corporate Management

Elected by the shareholders, the Redington's board of directors comprises two types of representatives: Redington inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Redington. The board's role is to monitor Redington's management team and ensure that shareholders' interests are well served. Redington's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Redington's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for Redington Stock Analysis

When running Redington's price analysis, check to measure Redington's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Redington is operating at the current time. Most of Redington's value examination focuses on studying past and present price action to predict the probability of Redington's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redington's price. Additionally, you may evaluate how the addition of Redington to your portfolios can decrease your overall portfolio volatility.