Redington: Swing Trade OpportunityRedington has demonstrated a significant recovery after a rebound from the demand zone, which is identified between the price levels of 158 to 161. The stock has successfully breached the previously established resistance range of 186 to 189, closing above this critical level, which is a positive i
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15.40 INR
12.19 B INR
893.46 B INR
584.33 M
About REDINGTON LTD
Sector
Industry
CEO
Vishnampet Sethu Hariharan
Website
Headquarters
Chennai
Founded
1961
ISIN
INE891D01026
FIGI
BBG000QRLWY0
Redington Ltd. provision of machinery, equipment and supplies. It includes computers, computer peripheral equipment, software, electronic, and telecommunications equipment and parts. It operates through the India, and Overseas segments. The company was founded by Ramanathan Srinivasan on May 2, 1961 and is headquartered in Chennai, India.
4 Amazing swing trade ideas for 6 Nov 2024 Markets I make educational content videos for swing / positional trading
REDINGTON LONGGo Long
Share Price Takes Multiple Times Support, This Times Also.
Entry Above Day High. With a Stop loss of Swing Low , Target in the Pink Zone.
High conviction stock - REDINGTONCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery.
> Taking support at last years support or breakout level
> High chances that it reverses from this point.
> Volume dried up badly in last few months / days.
> Very high suspicion based analysis and
Redington on correctionRedington will make an bottom of 158 then will give a clear up move up to 274
REDINGTON Looking good ready to fly#REDINGTON
Looking good ready to fly
WEEKY TF ANALYSIS
W1 LONG VIEW
HARMONIC HALF-BAT PATTERN
178.77 TO 174.92 Long View For Harmonics
165 & 150 SMC Entry zone
Triple Bottom Formed. This Might be a good Reversal.This time it Might Get Passed Through the Resistance. DMI indicates End of Bearish Momentum, DI+ Crossed Above DI- and RSI is Also in an Uptrend. Another confirmation is the Formation of Triple Bottom Pattern.
REDINGTONBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
REDINGTON STRATEGY!!!Buy when stock reaches 179.55 and if breakdowns hold for 165 and 157.75.
The stock has the potential to HIT 214.85 and 253.55.
The company is decent in the FUNDAMENTALS
breakout in RedingtonRedington is ready to break ATH
1. daily volume building up suggesting of buying
2. RSI above 60 suggestive of price strength
3. MACD CROSS OVER
4. Fundamentally strong stock most probably going to declare 8 rupees dividend in July
can be bought with great upside potential
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of REDINGTON is 194.30 INR — it has increased by 1.60% in the past 24 hours. Watch REDINGTON LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange REDINGTON LIMITED stocks are traded under the ticker REDINGTON.
REDINGTON stock has risen by 0.52% compared to the previous week, the month change is a 11.31% rise, over the last year REDINGTON LIMITED has showed a 21.82% increase.
We've gathered analysts' opinions on REDINGTON LIMITED future price: according to them, REDINGTON price has a max estimate of 240.00 INR and a min estimate of 155.00 INR. Watch REDINGTON chart and read a more detailed REDINGTON LIMITED stock forecast: see what analysts think of REDINGTON LIMITED and suggest that you do with its stocks.
REDINGTON reached its all-time high on Apr 25, 2024 with the price of 237.30 INR, and its all-time low was 8.00 INR and was reached on Feb 26, 2009. View more price dynamics on REDINGTON chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
REDINGTON stock is 2.60% volatile and has beta coefficient of 0.98. Track REDINGTON LIMITED stock price on the chart and check out the list of the most volatile stocks — is REDINGTON LIMITED there?
Today REDINGTON LIMITED has the market capitalization of 151.63 B, it has decreased by −3.87% over the last week.
Yes, you can track REDINGTON LIMITED financials in yearly and quarterly reports right on TradingView.
REDINGTON LIMITED is going to release the next earnings report on Feb 11, 2025. Keep track of upcoming events with our Earnings Calendar.
REDINGTON earnings for the last quarter are 3.77 INR per share, whereas the estimation was 3.35 INR resulting in a 12.69% surprise. The estimated earnings for the next quarter are 4.60 INR per share. See more details about REDINGTON LIMITED earnings.
REDINGTON LIMITED revenue for the last quarter amounts to 248.96 B INR, despite the estimated figure of 229.25 B INR. In the next quarter, revenue is expected to reach 258.87 B INR.
REDINGTON net income for the last quarter is 2.93 B INR, while the quarter before that showed 2.46 B INR of net income which accounts for 19.03% change. Track more REDINGTON LIMITED financial stats to get the full picture.
Yes, REDINGTON dividends are paid annually. The last dividend per share was 6.20 INR. As of today, Dividend Yield (TTM)% is 3.20%. Tracking REDINGTON LIMITED dividends might help you take more informed decisions.
REDINGTON LIMITED dividend yield was 2.98% in 2023, and payout ratio reached 39.77%. The year before the numbers were 4.32% and 40.41% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 21, 2024, the company has 1.82 K employees. See our rating of the largest employees — is REDINGTON LIMITED on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. REDINGTON LIMITED EBITDA is 18.06 B INR, and current EBITDA margin is 2.66%. See more stats in REDINGTON LIMITED financial statements.
Like other stocks, REDINGTON shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade REDINGTON LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So REDINGTON LIMITED technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating REDINGTON LIMITED stock shows the buy signal. See more of REDINGTON LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.