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The Latest Breaking News from Redington

Ahead of Market: 10 things that will decide stock market action on Tuesday

Indian equities rallied sharply as easing oil prices following renewed US-Iran talks boosted sentiment. Sensex gained 544 points and Nifty surged 1.6%, adding nearly Rs 5 lakh crore in market value, while FII inflows, a stronger rupee and upbeat earnings supported optimism.

The Economic Times

Redington shares gain 4% after Q1 profit jumps 77% YoY, revenue growth remains robust

Redington shares gained nearly 4% after a 15% surge in the previous session, following a strong Q1FY27 performance. The technology solutions provider reported a 77% YoY rise in net profit to Rs 486 crore, aided by record revenue and operating leverage. The stock also touched a fresh 52-week high of…

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Friday

Indian equities extended gains after the US Federal Reserve kept rates unchanged, with Sensex rising 274 points and Nifty closing above 24,300. Strong FII inflows and upbeat earnings supported sentiment, though hawkish Fed commentary, rising bond yields and weak broader markets capped gains.

The Economic Times

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Redington shares rally 15% after Q1 profit surges 77%; revenue rises 35% YoY

Redington Ltd shares surged after the company reported a strong Q1 FY27 performance, with net profit jumping 77% YoY to Rs 486 crore on record revenue and broad-based growth across segments. Excluding exceptional items, PAT grew more than twice the pace of revenue, indicating strong operating leverage.

The Economic Times

Will Nifty hit 25,000 this month? Key levels to watch in the week ahead

Nifty eyes a potential up move, with immediate targets at 24,300–24,600, though a dash to 25,000 this month appears uncertain. The IT index remains technically weak, while the defence index shows strong momentum, hitting a 52-week high. Experts recommend buying Radico Khaitan and Redington, citing bullish continuation setups and recovery…

The Economic Times

Redington shares rally 10% after Apple CEO Tim Cook says price hikes 'unavoidable' amid AI boom

Redington shares surged over 10% after Apple CEO Tim Cook signalled potential price hikes due to rising memory and storage costs driven by AI demand. Investors bet on improved margins for Redington, a key Apple distributor, even as the company reported a year-on-year decline in quarterly profit despite strong revenue…

The Economic Times

Redington shares rally 5% after Apple unveils new features at WWDC 2026

Redington shares rose sharply on Tuesday after Apple unveiled a rebuilt Siri and a suite of AI-powered features at WWDC 2026. The rally reflects investor optimism over Redington's long-standing partnership with Apple, for whom it manages distribution, logistics and warehousing across India and several international markets.

The Economic Times

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Redington turns to air freight as Gulf conflict disrupts sea routes

Indian IT distributor Redington is using more air freight to deliver products to the Middle East. Conflict has disrupted sea routes, forcing this shift. Air freight rates have risen due to higher fuel costs and reduced shipping capacity. Redington is also rerouting supplies and arranging new insurance. Despite some demand…

The Economic Times

IIT Madras institutes a chair to study logistics and supply chain

Indian Institute of Technology Madras partners with Redington to establish a visiting chair professorship for advanced research in supply chain management.

The Hindu

Biogas plants installed at Kuruthanamedu in Tiruvallur district

Redington Foundation has installed 67 biogas plants at Kuruthanamedu village and renovated one pond at Thandalacherri in Tiruvallur district.

The Hindu

Advisors appointed by pension fund to develop human rights policy

Councillors have called for a clear policy on human rights investments after no agreement was reached earlier this year

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