Redington Ltd

Stage 2 · Advancing · week 11Setup 7.2 ★★ GoodEven +0.2

As of 9 Oct 2026, Redington is in Stage 2 — advancing, the uptrend phase, in week 11 (since 28 Jul 2026). It closed at ₹380, 7.9% below its 52-week high and above its 200-day average, which is rising. In Information Technology, 22.4% of stocks are in Stage 2.

Redington Limited distributes information technology, mobility, and other technology products in India, the Middle East, Turkey, Africa, and South Asian countries. More about the company

₹380
-2.06% today
₹29,707 Cr · Large cap
Market Neutral — FadingInformation Technology 22.4% in Stage 2-3.7 pts / 20dTechnology Hardware 55.6%+15.6 pts

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

7.2 ★★ Good

Momentum

Steady

Edge

Even +0.2

Setup-score rank among Stage 2 peers: #3 of 5 in Technology Hardware · #8 of 39 in Information Technology

Is REDINGTON early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
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vs 52W High
-7.9%
₹200 lo₹412.8 hi
7.9% below 52W high — pullback range
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 11
1w13w26w
Week 11 — early Stage 2, building
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
36.0%
200 DMA: ₹279.5 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.35x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↑
MA20 trending up · +4.5% vs MA50 +15.5%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
+1.7%
3M
+35.5%
6M
+74.1%
YTD
+38.0%
1Y
+36.2%
Sector
Information Technology
↓ Peaking
Stage 2%
22.4%
20d Δ
-3.7pp
1M return
-4.4%
3M return
+1.2%
Sector Stage-2 % · last 20 days
This stock ranks #13 of 38 Stage 2 stocks in Information Technology by RS.
Industry
Technology Hardware
↑ Building
Stage 2%
55.6%
20d Δ
+15.6pp
1M return
+8.8%
3M return
+31.5%
Industry Stage-2 % · last 20 days
Ranks #3 of 4 Stage 2 stocks in this industry.
Stage Cycle Timeline2023-07-14 → 2026-10-09
S4 14w
S2 26w
S2 31w
S4 18w
2023-07-142026-10-09
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 5w → S3 2w → S4 14w → S1 5w → S2 26w → S3 12w → S4 9w → S1 5w → S2 31w → S3 10w → S2 8w → S3 2w → S2 2w → S3 1w → S4 18w → S1 6w → S2 11w current
Total tracked: 167 weeks across 17 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-07-28
5 appearances in last 60 days. First seen: 2024-01-12.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-09S2
Wk 11 · Vol 0.35x
2026-10-08S2
Wk 11 · Vol 0.36x
2026-10-07S2
Wk 10 · Vol 0.30x
2026-10-06S2
Wk 10 · Vol 0.24x
2026-10-05S2
Wk 10 · Vol 1.22x
2026-10-01S2
Wk 10 · Vol 0.34x
2026-09-30S2
Wk 10 · Vol 0.51x
2026-09-29S2
Wk 9 · Vol 0.36x
2026-09-28S2
Wk 9 · Vol 0.52x
2026-09-25S2
Wk 9 · Vol 0.31x
2026-09-24S2
Wk 9 · Vol 0.59x
2026-09-23S2
Wk 9 · Vol 0.58x
Sector Peers — Stage 2All →
ONEPOINT
wk 3 · 0.0% from hi
9.2
OPTIEMUS
wk 11 · -8.3% from hi
9.0
QUADFUTURE
wk 15 · -6.6% from hi
9.0
CENTUM
wk 29 · -17.2% from hi
8.0
RPTECH
wk 25 · -7.2% from hi
7.9
Moving averages & range
50 DMA
₹370.5
200 DMA
₹279.5
52W High
₹412.8
52W Low
₹200
5D Low
₹380
Resistance levels (recent highs)
20d High
₹412.8
60d High
₹412.8
120d High
₹412.8
250d High
₹412.8
Next resistance
+8.6%
to 20d High
Ask the Market AI about REDINGTONAsk →
P/E (TTM)
11.7
Forward 8.3
Earnings Growth (YoY)
-41.1%
Revenue +25.1%
ROE
+13.1%
Profit margin +1.3%
Dividend Yield
2.67%
P/B 1.7
About this companyInformation Technology· Technology Hardware

Redington Limited distributes information technology, mobility, and other technology products in India, the Middle East, Turkey, Africa, and South Asian countries. It provides AI and automation, software applications, security, digital printing, data and analytics, infrastructure, 3D printing, network modernization, cyber security, solar, gaming, AE and VR, home automation, wearables, and displays; and firewalls, access service edge, endpoint security, and identity and access management solutions. The company also offers software and hardware solutions, such as laptops, tablets, servers, software, notebooks, workstations, networking, power supply, desktops, accessories, components, and lighting products for mobility, computing, printing, automation, gaming, and solar applications. In addition, it is involved in the marketing, sale, and maintenance of computer hardware, accessories and spare parts; wholesale of mobile phones and devices, electronic household appliances, telecommunication products, and cosmetics; artificial intelligence activities; distribution of renewable energy products, information technology, spare parts, and telecommunication products; cloud services and software sales; public materials transportation; requisites trading of computer software, computer equipment, telephones and telecommunication equipment, and data processing; import and export of computers, computer peripherals, and components. Further, the company provides supply chain management, logistics, payment intermediation, hardware support and maintenance, and business and knowledge process outsourcing services; and cloud consulting, managed, and security solutions. It serves resellers, retailers, system integrators, and independent service vendors of technology products and solutions. The company was formerly known as Redington (India) Limited and changed its name to Redington Limited. Redington Limited was incorporated in 1961 and is headquartered in Chennai, India.

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All analytics based on EOD data. Data as of 2026-10-09. Past data patterns are not indicative of future results. This page is a data analytics tool only.