Redington (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
|
Redington |
|||
|
Price: ₹205.68 | ||
| 52 Week Low: ₹158.61 52 Week High: ₹237.55 |
|||
| Market Capital: 16,131.9 Crore (Midcap) | |||
| Technology -> Information Technology Services | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Redington Share Price Target For 2024
- 1.1.1: Redington Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Redington Share Price Target For 2025
- 1.2.1: Redington Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Redington Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Redington Brief Company Overview
- 4: Redington Financial Performance
- 4.0.1: Is Redington A Good Buy For Long Term?
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.
Redington Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 214.5 (+4.28%) | Price Action: 11 Dec 2024 High |
| 2024 Target 2 | 212.0 (+3.07%) | Price Action: Aug 2024 High |
| 2024 Target 1 | 209.75 (+1.97%) | Price Action: 19 Dec 2024 High |
| Current Price | 205.68 | Redington's share price as of 20 Dec 2024 |
| Stop Loss 1 | 205.15 (-0.26%) | Price Action: 10 Dec 2024 Low |
| Stop Loss 2 | 203.0 (-1.31%) | Price Action: 05 Dec 2024 Low |
| Stop Loss 3 | 200.27 (-2.64%) | Technical Indicator: MA250 |
Short-Term Technical Outlook
Current Technical Position: Redington is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹202.62 serves as the nearest technical reference point.
Historical Returns: 3-month: +11.38% | 6-month: -1.21% | 1-year: +19.71%
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.
Redington Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 263.87 (+28.29%) | Price Action: Chart |
| 2025 Target 2 | 258.95 (+25.89%) | Price Action: Chart |
| 2025 Target 1 | 256.39 (+24.65%) | Fibonacci Extension Level 64.90% |
| Current Price | 205.68 | Redington's share price as of 20 Dec 2024 |
| Stop Loss 1 | 195.0 (-5.20%) | Price Action: 21 Nov 2024 High |
| Stop Loss 2 | 192.43 (-6.45%) | Fibonacci Retracement Level 50.00% |
| Stop Loss 3 | 190.07 (-7.59%) | Price Action: 25 Nov 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Redington is currently trading at 59.6% of its 52-week range (₹158.61 - ₹237.55).
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +19.71% | 3-year: +65.92% | 5-year: +334.47%
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
Redington Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹205.68 | ||
| 2024 | ₹187.82 | -8.68% | ₹193.15 |
| 2025 | ₹201.83 | +7.46% | ₹216.67 |
| 2026 | ₹222.42 | +10.20% | ₹225.76 |
| 2027 | ₹233.84 | +5.13% | ₹237.35 |
| 2028 | ₹221.75 | -5.17% | ₹231.77 |
| 2029 | ₹218.08 | -1.66% | ₹242.43 |
| 2030 | ₹233.33 | +6.99% | ₹251.02 |
| 2031 | ₹256.08 | +9.75% | ₹259.92 |
| 2032 | ₹268.20 | +4.73% | ₹272.22 |
| 2033 | ₹253.40 | -5.52% | ₹265.65 |
| 2034 | ₹248.34 | -2.00% | ₹276.79 |
| 2035 | ₹264.84 | +6.64% | ₹285.37 |
| 2036 | ₹289.75 | +9.41% | ₹294.10 |
| 2037 | ₹302.55 | +4.42% | ₹307.09 |
| 2038 | ₹285.05 | -5.78% | ₹299.54 |
| 2039 | ₹286.76 | +0.60% | ₹311.14 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
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 Redington has a proven track record of excellence in the industry, serving diverse sectors such as healthcare, finance, manufacturing, and IT. Their commitment to innovation and customer satisfaction has made them a trusted partner for businesses worldwide.Redington Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 16,131.9 Crore | Market valuation of Redington's shares. |
| Revenue (TTM) | 89,345.7 Crore | Total revenue generated by Redington over the past twelve months. |
| Net Income (TTM) | +12,186,200,064.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +1.81% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +1.36% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+2.80% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+5.00% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
37.62 | Company's total debt divided by total shareholder equity. |
| Total Debt | 2,958.21 Crore | Sum of Redington's current & long-term financial obligations. |
| Total Cash | 1,620.66 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.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
