Redington

Redington share price has fallen 14% in one month and 18% in three months. The stock has declined 23% in six months, while it has remained flat in one year. Redington shares have gained 38% in three years, and has delivered multibagger returns of 160% in five years.

The Indian stock market declined on March 11 due to heightened Middle East tensions, with the Nifty 50 down 1.63% and the BSE Sensex falling 1.72%. Most sectors were affected, especially auto and private banks, while pharma and oil & gas saw slight gains.

Redington share price rose 11.6% to ₹ 259.30, ending a five-day decline. The surge follows a report of a 53% increase in iPhone production in India, with Apple producing 55 million units in 2025, enhancing Redington's role as a key distributor in the Indian market.

The Indian stock market rebounded on March 10, with the Nifty 50 up 1% and BSE Sensex up 0.82%, following a decline in crude oil prices and positive comments from US President Trump. Fertilizer stocks surged, while some tech and cable stocks faced losses.

Vodafone Idea, Tata Silver Exchange Traded Fund, Redington, Cupid, IDFC First Bank, and Nippon India Silver ETF were among the most traded stocks, or most active stocks in terms of volume, on the NSE.

Tejas Networks and Redington shares surged 19% and 17% respectively on February 27, despite falling benchmark indices. The Sensex and Nifty 50 declined over 1% amid geopolitical tensions and foreign fund outflows, highlighting contrasting stock performance.

The Indian stock market faced selling pressure on February 5, with key indices like Nifty 50 and Sensex declining. A sell-off in metals and weak global cues contributed to the downturn, while financial stocks also suffered losses ahead of the RBI meeting.

Buy or sell: Vaishali Parekh recommends three intraday stocks to buy today — Tata Consumer Products, HDFC Life, and Redington