Redington Share Price Target 2024 2025 2030 2040 2050 – Redington, is a conglomerate providing a wide range of services and products encompassing mobile handsets, mobile accessories, information technology services, artificial intelligence, big data analysis, 5G communications, Internet of Things, and supply chain management.
If you are an expert looking to invest in Redington shares for the long term, it is crucial to analyze the potential opportunities and obstacles that may impact the company’s stock performance in the years ahead. Our Redington Share Price target is based on a deep technical analysis and past performance of the company to help you make an informed decision.
Before investing in Redington stock, it is essential to understand the company’s business model and financial data thoroughly. Once you have a clear understanding of Redington’s operations and financial strength, you can determine whether the stock is a good buy or not.
Our Redington Share Price Target provides a detailed analysis of the stock’s potential growth and performance for the years 2024, 2025, 2030, and 2040. This analysis can help you make an informed investment decision.
Contents
- 1 About
- 2 Financial Overview of Redington Ltd.
- 3 Share Price Chart of Redington Ltd.
- 4 What are the Advantages and Disadvantages of investing in Redington Ltd.
- 5 Redington Share Price Target 2024 to 2050
- 5.1 Redington Share Price Target 2024
- 5.2 Redington Share Price Target 2025
- 5.3 Redington Share Price Target 2026
- 5.4 Redington Share Price Target 2027
- 5.5 Redington Share Price Target 2028
- 5.6 Redington Share Price Target 2029
- 5.7 Redington Share Price Target 2030
- 5.8 Redington Share Price Target 2031
- 5.9 Redington Share Price Target 2032
- 5.10 Redington Share Price Target 2035
- 5.11 Redington Share Price Target 2040
- 5.12 Redington Share Price Target 2050
- 6 Who are the competitors of Redington Ltd.
- 7 Video Related to Redington Ltd. Share Price Target
- 8 Conclusion
- 9 FAQs
- 10 Disclaimer
About
Established in 1993, Redington has developed into a flourishing technology solution provider with a global revenue of US$9.92 billion. Operating in over 38 markets, we serve as a conduit between technological innovation and widespread adoption. Our robust ecosystem, strategic partnerships, and operational ingenuity propel rapid technology adoption on a global scale.
Products and Services
- Distribution of IT Products: Redington provides a diverse range of global IT hardware and software products.
- Cloud Services: Our cloud solutions are designed to improve businesses’ flexibility and scalability.
- Digital Printing:We deliver digital printing services, including digital printing solutions.
- Solar: Redington offers solar energy solutions.
- Logistics Services: We effectively manage supply chain logistics.
- Hardware Support Services: We offer technical support for hardware products.
- Technical Helpdesk: We provide assistance and troubleshooting through our technical helpdesk.
- Field Engineering Support: Our on-site technical expertise supports field engineering.
- Third-Party Logistics: We specialize in efficient logistics management for businesses.
History
Since its inception in 1993, Redington has transformed from a single-brand, single-product category, and single-market company into a leading distribution and supply chain solutions provider with a revenue of US$9.92 billion.
Financial Overview of Redington Ltd.
| Stock Name | Redington Ltd |
| Sector | IT – Hardware |
| Industry | IT Networking Equipment |
| Open | 221.00 |
| Previous Close | 221.91 |
| Volume | 33,55,880 |
| Value (Lacs) | 7,266.49 |
| i VWAP | 215.84 |
| Beta | 0.80 |
| Mkt Cap (Rs. Cr.) | 16,927 |
| High | 221.99 |
| Low | 213.60 |
| UC Limit | 266.47 |
| LC Limit | 177.64 |
| 52 Week High | 237.55 |
| 52 Week Low | 136.20 |
| Face Value | 2 |
| All Time High | 237.55 |
| All Time Low | 7.97 |
| 20D Avg Volume | 17,22,734 |
| 20D Avg Delivery(%) | — |
| Book Value Per Share | 67.27 |
| Dividend Yield | 2.86 |
| TTM EPS See historical trend | 15.59 (-12.50% YoY) |
| TTM PE See historical trend | 13.89 (High PE) |
| P/B See historical trend | 3.22 (High P/B) |
| Sector PE | 19.68 |
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What are the Advantages and Disadvantages of investing in Redington Ltd.
Advantages of investing in Redington Ltd. | Disadvantages of investing in Redington Ltd. |
| Steady Dividend History- Redington has raised its dividend consistently for three years in a row. This can appeal to investors seeking income. | Non-Core Income Trend – Non-core income is on the rise, which could have an impact on overall profitability. |
| Strong Momentum- The stock price has displayed strong momentum, remaining above short, medium, and long-term moving averages. This reflects favorable market sentiment. | Inefficient Use of Shareholder Funds – The company’s return on equity (ROE) has decreased over the past two years, indicating inefficient capital utilization. |
| Profit Growth- Redington has demonstrated impressive 5-year EPS growth. Increased profits can result in higher stock prices. | Cyclical Nature of the Industry – The technology distribution industry is subject to cyclical trends, which can affect Redington’s performance during economic downturns. |
| Return on Equity (ROE)- The company’s ROE is remarkable, indicating efficient utilization of shareholder funds. | Competition – Redington faces competition from other distribution companies, potentially affecting market share and margins. |
| Dividend Yield- Redington offers an attractive dividend yield of 6.20%. This can yield a stable income. | Currency Risk – Fluctuations in exchange rates can impact Redington’s financials due to its global presence. |
| Market Position- As a prominent provider of supply chain solutions, Redington benefits from its well-established market presence. | Supply Chain Risks – Any disruptions in the supply chain (e.g., logistics, inventory management) can have an impact on operations. |
| Partnerships- Redington has established strategic partnerships, such as the recent one with Zoho Corporation, which can enhance its business prospects. | Market Volatility – Stock prices can be volatile due to market conditions, industry trends, or geopolitical events. |
| Year | Min Price Targets | Max Price Targets |
|---|---|---|
| 2024 | ₹178.47 | ₹241.15 |
| 2025 | ₹223.68 | ₹258.44 |
| 2026 | ₹242.36 | ₹267.14 |
| 2027 | ₹259.18 | ₹284.70 |
| 2028 | ₹279.19 | ₹299.13 |
| 2029 | ₹291.42 | ₹309.73 |
| 2030 | ₹301.14 | ₹326.58 |
| 2031 | ₹315.51 | ₹338.92 |
| 2032 | ₹324.42 | ₹358.45 |
| 2035 | ₹371.73 | ₹396.72 |
| 2040 | 599.23 | 812.46 |
| 2050 | 992.56 | 1499.67 |
– Min Target Price – ₹178.47
– Max Target Price – ₹241.15
– Min Target Price – ₹223.68
– Max Target Price – ₹258.44
– Min Target Price – ₹242.36
– Max Target Price – ₹267.14
– Min Target Price – ₹259.18
– Max Target Price – ₹284.70
– Min Target Price – ₹279.19
– Max Target Price – ₹299.13
– Min Target Price – ₹291.42
– Max Target Price – ₹309.73
– Min Target Price – ₹301.14
– Max Target Price – ₹326.58
– Min Target Price – ₹315.51
– Max Target Price – ₹338.92
– Min Target Price – ₹324.42
– Max Target Price – ₹358.45
– Min Target Price – ₹371.73
– Max Target Price – ₹396.72
– Min Target Price – 599.23
– Max Target Price – 812.46
– Min Target Price – 992.56
– Max Target Price – 1499.67
Who are the competitors of Redington Ltd.
Below are the list of companies who are competitors to Redington’s Ltd –
- Vitage Systems – Vitage Systems operates as a rival in the IT networking equipment industry. However, detailed information about their performance and market standing is not readily accessible.
- Tech Data, Avnet, and Ingram Micro – Tech Data, Avnet, and Ingram Micro are major competitors within the technology supply chain sector, boasting extensive networks and partnerships.
- Arrow Electronics – Arrow Electronics competes with Redington across various markets as another significant player in the distribution sector.
- Esprinet – Esprinet, a European distributor of IT and consumer electronics products, mainly operates in Italy and Spain.
- HCL Infosystems Ltd. – HCL Infosystems Ltd., a well-established Indian IT services and distribution company, competes with Redington in the local market.
- D-Link (India) Ltd. – D-Link (India) Ltd. is recognized for its networking and communication products, competing with Redington in the networking equipment segment.
- Anixter and Future Electronics – Anixter, ALSO, and Future Electronics, global distributors with diverse portfolios including IT hardware and electronic components, are also major players in the industry.
Few Others are as –
- InfoObjects.
- PricewaterhouseCoopers (PwC)
- Navisite Services.
- Frontline Education.
- OneSix.
- Reliance Jio Infocomm.
- Ansys Nuhertz FilterSolutions.
- Baidu.
Conclusion
We, at priceforecaster, provide fundamental and technical analysis of companies like Redington Ltd.. Our team of experts conducts thorough research and analysis to provide you with accurate and reliable information, based on recent trading data and algorithms that can aid in making informed investment decisions. These predictions can serve as potential support and resistance levels for the stock in the coming years. [Redington Ltd. Share Price Target 2024]
Redington, is a conglomerate providing a wide range of services and products encompassing mobile handsets, mobile accessories, information technology services, artificial intelligence, big data analysis, 5G communications, Internet of Things, and supply chain management.
These sectors are expected to see an increase in demand, which can lead to a rise in Redington Ltd. share price in the future. Based on our analysis, we believe that Redington Ltd. Share Price Target may reach a very high position.
It’s important to keep in mind that while these price targets are based on technical analysis, there are other market conditions and news that could also impact the stock’s performance.
Hence, these target predictions should be used merely as guidelines and not as financial advice. It’s crucial to conduct your own due diligence before making any investment decisions.
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Also, do your due diligence and comment to us, whether you will invest in this stock or not. Till then Happy Investing.
FAQs
As prediction is based on fundamental and technical analysis, we have following targets for tomorrow –
- Tomorrow Target 1 212.15
- Tomorrow Target 2 217.50
- Tomorrow Target 3 221.75
Is Redington a good buy for long term?
As on Jun 12,2024, the Fundamentals of Redington look Strong and hence it may be good for long term investment! See Financial Performance of Redington.
What is the future of Redington?
The future prospects for Redington Ltd seem promising based on several projections:
- Earnings and revenue are projected to increase by 14.2% and 10% annually respectively.
- Return on equity is anticipated to reach 18.1% in 3 years.
- The prognosis for stock price indicates a potential long-term rise, with an estimated revenue growth of approximately +30.93% over 5 years.
- The share price is predicted to experience significant appreciation in the upcoming years.
These forecasts suggest that Redington Ltd is well-positioned for growth, making it an attractive investment opportunity.
What is the target for Redington?
What is the dividend declared by Redington?
Redington has announced an equity dividend of 310.00% for the year ending March 2024, which equals Rs 6.2 per share. Based on the current share price of Rs 217.69, this translates to a dividend yield of 2.85%. The company has a solid track record of consistently declaring dividends over the past 5 years.
Disclaimer
This article Redington Share Price Target 2024 2025 2030 2040 2050 contains information that may be useful for those interested in the stock market. However, it is important to note that Investing in the stock market can be a risky venture and is heavily influenced by market conditions. It is important to conduct thorough research and analysis before making any investment decisions.
This article has been created for educational purposes only and does not constitute investment advice. We would like to clarify that we are not registered advisors with SEBI (Stock exchange board of India) and we do not provide tips or calls regarding specific investments. [Redington Share Price Target 2024]
It is always recommended to seek guidance from a qualified financial advisor to ensure that your investment decisions align with your financial goals and risk tolerance. Stay tuned with thepriceforecaster.com.
