₹ 268.9
Key Takeaways
Risk factor
Resilient to price shocks
Profitability factor
Greatly undervalued vs peers
About
Redington Limited provides supply chain solutions for information technology products, telecom, lifestyle, healthcare, and solar products in India and internationally. The company distributes IT hardware and software products, including consumer and commercial PCs, desktops, laptops, and MacBooks; tablets and phablets; deskjets, laserjets, and related consumables and accessories; smartphones and augmented reality/virtual reality-powered wearables; and networking,...
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT
Target Price
The average target price of REDINGTON.NS is 250 and suggests 8% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation