Current price is less than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Britannia may report 18 per cent YoY rise in revenues, with a volume growth of 7 per cent, said HDFC Securities. It sees Ebitda surging 27 per cent YoY, with Ebitda margin expanding 100 bps YoY to 16.3 per cent.

Mastek, DCM Shriram, 3 other stocks to turn ex-dividend; Tata Chemicals, Redington, Raymond Q3 results today

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Ramesh Natarajan says, ‘Technology refresh is happening across all segments’; company aims to reach profitability target of 2%

Consumer business has saturated but commercial market is growing: Redington CEO

Yes Bank remained in focus, rising 7 percent to Rs 21.1, the highest closing level since July 13, 2020. It has seen another large bullish candle on the daily charts with robust volumes, especially after decisively breaking out of long horizontal resistance trend line adjoining August 2, December 2 a…

Trade Spotlight | What should you do with Rallis India, Redington, Yes Bank on Tuesday?

Polycab India announced that it has entered into strategic partnership with Redignton as its national distributor for passive networking solutions.

Polycab announces strategic partnership with Redington

Apollo Hospitals Enterprise has decisively broken above the downward sloping trendline. The breakout is accompanied with an increase in volume, confirming participation at the breakout level

Apollo Hospitals, BHEL, RBL Bank & Redington are Axis Securities’ 4 top trading picks for 3-4 weeks

The iPhone distributor’s quarterly revenue rose to 190.51 billion rupees from 152.87 billion rupees a year ago, per the filing. Apple, its single largest vendor, accounted for 27% of the revenue

Apple distributor Redington Q2 profit up as India sales of phones rise

Company posts its highest ever global revenues at ₹19,080 crore

Redington reports 26 per cent increase in net profit in Q2

Mahindra & Mahindra Financial Services Ltd, Alembic Pharmaceuticals Ltd, Redington Ltd and Mishra Dhatu Nigam Ltd are among the other gainers in the BSE’s ‘A’ group today, 03 November 2022.

MAS Financial Services Ltd leads gainers in ‘A’ group

Redington Standalone September 2022 Net Sales at Rs 8,579.92 crore, up 26.34% Y-o-Y

Redington (India) Limited operates in the information technology product distribution business, supply chain solutions and after sales services of information technology products.

Redington (India) Ltd

Redington (India) Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Mastek, DCM Shriram, 3 other stocks to turn ex-dividend; Tata Chemicals, Redington, Raymond Q3 results today

Stocks that will see action on February 1, 2023

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Consumer business has saturated but commercial market is growing: Redington CEO

Trade Spotlight | What should you do with Rallis India, Redington, Yes Bank on Tuesday?

Polycab announces strategic partnership with Redington

Apollo Hospitals, BHEL, RBL Bank & Redington are Axis Securities’ 4 top trading picks for 3-4 weeks

Apple distributor Redington Q2 profit up as India sales of phones rise

Redington reports 26 per cent increase in net profit in Q2

Redington (India) Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Mastek, DCM Shriram, 3 other stocks to turn ex-dividend; Tata Chemicals, Redington, Raymond Q3 results today

Stocks that will see action on February 1, 2023

Stocks that will see action this week

Consumer business has saturated but commercial market is growing: Redington CEO

Trade Spotlight | What should you do with Rallis India, Redington, Yes Bank on Tuesday?

Polycab announces strategic partnership with Redington

Apollo Hospitals, BHEL, RBL Bank & Redington are Axis Securities’ 4 top trading picks for 3-4 weeks

Apple distributor Redington Q2 profit up as India sales of phones rise

Redington reports 26 per cent increase in net profit in Q2

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock