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Redington Share Price Target 2024, 2025, 2026 to 2039 With Charts
Redington | |||
 | Symbol: REDINGTON | ||
| Price: ₹193.37 | |||
| Exchange: NSE | |||
| Technology -> Information Technology Services | |||
Show Table of Contents
Table of Contents
- 1: Redington Brief Company Overview
- 1.1: Redington Limited: A Provider of Comprehensive Supply Chain Solutions
- 1.2: Redington Financial Performance
- 1.2.1: Is Redington A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Redington Share Price Target For 2024
- 2.1.1: Redington Share Price Target Table For 2024
- 2.1.2: Summary: Redington Share Price Prediction For 2024
- 2.2: Redington Share Price Target For 2025
- 2.2.1: Redington Share Price Target Table For 2025
- 2.2.2: Summary: Redington Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Redington Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Redington Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Redington Past Performance
Redington Brief Company Overview
Redington Limited: A Provider of Comprehensive Supply Chain Solutions
Established in 1961, Redington Limited is a leading provider of supply chain solutions in India and globally.
The company boasts a diverse product portfolio, including:
- Infrastructure and Storage Solutions: Hyperconverged infrastructure, enterprise storage, AI, and automation
- Networking Solutions: Enterprise networking, WAN solutions, security, and data analytics
- Technology Products: Laptops, tablets, servers, workstations, components, and accessories
- Services: Consulting, training, logistics, supply chain management, and financial services
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Redington Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 16,511.06 Crore | Market valuation of Redington's shares. |
| Revenue (TTM) | 88,823.5 Crore | Total revenue generated by Redington over the past twelve months. |
| Net Income (TTM) | +1,203.12 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 2.01% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 1.35% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +8.2% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -10.3% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 45.91 | Company's total debt divided by total shareholder equity. |
| Total Debt | 3,318.07 Crore | Sum of Redington's current & long-term financial obligations. |
| Total Cash | 1,272.1 Crore | Total amount of liquid funds available to Redington. |
| Beta | 1 | Beta is greater than 1 indicating that the Redington's price is more volatile than the market. |
Is Redington A Good Buy For Long Term?
Redington, a mid-cap stock with consistent revenue growth and a healthy net profit margin, showcases potential for long-term growth. Despite some debt, it maintains a strong cash position. Its impressive returns over various time frames, including 371.22% over the past five years, indicate a positive trend. Given these factors, Redington may be a good buy for long-term investors seeking growth potential.
To predict the Redington's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Redington Share Price Target For 2024
The line chart displays the monthly closing prices of Redington with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Redington shares in 2024, see the table below.
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Redington Share Price Target Table For 2024
| Redington's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 199.95 (+3.4%) | Price Action: May 2024 High |
| 2024 Target 2 | 197.95 (+2.36%) | Price Action: 01 Nov 2024 High |
| 2024 Target 1 | 195.40 (+1.04%) | Price Action: Jun 2023 High |
| Current Price | 193.37 | Redington's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 192.07 (-0.68%) | Fibonacci Retracement Level 50% |
| Stop Loss 2 | 190.00 (-1.75%) | Price Action: 01 Nov 2024 Low |
| Stop Loss 3 | 187.93 (-2.82%) | Technical Indicator: MA50 |
Summary: Redington Share Price Prediction For 2024
In summary, Redington has surged by ₹16.57, achieving a notable +9.37% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Redington for 2024 predicts an additional rise of 1.04% to 3.4% by the end of 2024 with three potential targets T1: 195.40, T2: 197.95, T3: 199.95. Stop Loss at SL1: 192.07, SL2: 190.00, SL3: 187.93.
Redington has a 52-week high of ₹237.55, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹153.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Redington.
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Redington Share Price Target For 2025
The line chart displays the monthly closing prices of Redington with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Redington shares in 2025, see the table below.
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Redington Share Price Target Table For 2025
| Redington's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 252.08 (+30.36%) | Price Action: Chart |
| 2025 Target 2 | 247.38 (+27.93%) | Price Action: Chart |
| 2025 Target 1 | 244.93 (+26.66%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 193.37 | Redington's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 181.05 (-6.38%) | Price Action: 17 Oct 2024 High |
| Stop Loss 2 | 179.20 (-7.33%) | Price Action: Jan 2022 High |
| Stop Loss 3 | 177.30 (-8.32%) | Price Action: 21 Oct 2024 High |
Summary: Redington Share Price Prediction For 2025
In summary, Redington has surged by ₹16.57, achieving a notable +9.37% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Redington for 2025 predicts an additional rise of 26.66% to 30.36% by the end of 2025 with three potential targets T1: 244.93, T2: 247.38, T3: 252.08. Stop Loss at SL1: 181.05, SL2: 179.20, SL3: 177.30.
Redington has a All-Time high of ₹237.55, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹153.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Redington, we have created a specific page for that check here: Redington Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Redington Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Redington share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 2.94% over the next 15 years.
For complete year by year Redington long term share price target from 2024, 2025 to 2039 check the below table.
Redington Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Redington Target | YoY Change % |
|---|---|---|
| 2024 | ₹193.37 | [Current Price] |
| 2024 | ₹187.62 | -2.98% |
| 2025 | ₹201.27 | 7.27% |
| 2026 | ₹221.44 | 10.02% |
| 2027 | ₹232.46 | 4.97% |
| 2028 | ₹220.12 | -5.31% |
| 2029 | ₹216.18 | -1.79% |
| 2030 | ₹231 | 6.85% |
| 2031 | ₹253.21 | 9.61% |
| 2032 | ₹264.88 | 4.6% |
| 2033 | ₹250 | -5.62% |
| 2034 | ₹244.74 | -2.11% |
| 2035 | ₹260.74 | 6.53% |
| 2036 | ₹284.99 | 9.3% |
| 2037 | ₹297.31 | 4.32% |
| 2038 | ₹279.87 | -5.87% |
| 2039 | ₹281.33 | 0.52% |
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Redington Past Performance
- In 2007, Redington opening price was ₹14.63
- As of Thu 14 Nov 2024 the price stands at ₹193.37.
- This represents a Compound Annual Growth Rate (CAGR) of 15.42%.
- In 17 years, an investment of 10,000 would have become ₹1.32 Lakh.
As we wrap up, we hope you like our study on Redington share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
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Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Redington Share Price History
- Redington Price Target Tomorrow
- Redington Dividend History
- Redington Bonus History
- Redington Split History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
