16 Sep 2025 | 5 Mins Read
Redington shares leap to 16% gain
Flipitmoney
Redington's stock gained 15.9% on Tuesday, its largest single-day rise since March 2021, reaching an intraday high of ₹279.69. 7 crore shares changed hands, a 2-month high, amidst multiple block deals worth ₹239 crore. Net profit increased 12% to ₹275 crore and revenue rose 22% in the June quarter. The stock has risen 39.9% in 2024, its best annual performance since 2021.