NSE: REDINGTON · 6 November 2026
- Redington has fallen 10.57% over 2 trading sessions; today's move is -8.11%.
- Redington Limited announced its financial results for the quarter ended September 30, 2026, reporting a consolidated revenue of ₹43,002 crore, up 48% year-on-year. Profit after tax (PAT) excluding exceptional items grew 50% to ₹581 crore, supported by strong performance across India and the Middle East and Africa regions. The Technology Solutions Group led segment growth with a 91% surge in revenue driven by enterprise infrastructure and data center investments.
- Trading volume was 1.85 times the 20-day average daily volume.
Redington share price: 10.57% decline over 2 trading sessions
Redington Ltd. (REDINGTON) declined sharply by -8.11% on November 6, 2026, closing at ₹327.50 after moving between an intraday high of ₹353.35 and a low of ₹321.20.
The broader market demonstrated positive momentum as the Nifty advanced 2.01%, while the Nifty IT sector benchmark rose 0.43%. Redington's steep downward move contrasted with the broader market's gains and reflected intense selling pressure, adding to a recent 20-day return drop of -15.46% despite posting solid quarterly earnings results earlier in the week.
The company's recent Q2 FY27 financial performance, reported on November 4, 2026, highlighted consolidated revenue growth of 48% year-on-year to ₹43,002 crore and a 50% jump in PAT excluding exceptional items to ₹581 crore. While these fundamental updates provide ongoing operational context, today's price correction appears heavily driven by broader profit-taking and technical selling following its recent appreciation.
88.41 lakh shares traded by 6 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 47.79 lakh shares (1.85 times). The five-day average daily volume was 82.64 lakh shares. Separately, the NSE report for 6 November 2026 showed 34.39 lakh shares delivered, representing 38.90% of that day’s traded volume. The same report recorded 158,683 trades.
Redington shares experienced a steep -8.11% drop amid elevated cash volume that was 1.85 times its 20-day average, reversing gains despite recent strong Q2 FY27 earnings disclosures. The correction reflects intensive selling pressure and profit-taking following its prior volatility.
Latest Company Developments
Redington Limited announced its financial results for the quarter ended September 30, 2026, reporting a consolidated revenue of ₹43,002 crore, up 48% year-on-year. Profit after tax (PAT) excluding exceptional items grew 50% to ₹581 crore, supported by strong performance across India and the Middle East and Africa regions. The Technology Solutions Group led segment growth with a 91% surge in revenue driven by enterprise infrastructure and data center investments.
Demonstrates robust core business expansion and robust demand for enterprise technology and cloud solutions across key markets.
The Board of Directors approved the appointment of Ms. Anchal Dhir as an Additional Director in the capacity of Non-Executive Independent Director for a term of five years effective November 4, 2026. Ms. Dhir is a partner at Anagram Partners with extensive experience in corporate governance, M&A, and regulatory advisory mandates.
Strengthens the company's corporate governance framework with specialized legal and regulatory expertise.
Redington Gulf announced a strategic collaboration agreement with Amazon Web Services (AWS) aimed at accelerating cloud and AI adoption across the Middle East, Turkey, and Africa region. The partnership leverages Redington's newly achieved AWS competencies to help channel partners and enterprises scale cloud transformations.
Expands Redington's capability to orchestrate high-growth cloud and artificial intelligence solutions across international markets.
a press release dated November 04, 2026, titled "Redington Q2 FY27 revenue rises 48% to ₹43,002 crore".
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 12.28% on 30 September 2026. This compares with 10.96% on 30 June 2026, a change of +1.32 percentage points.
The filing reported 35 MF/UTI holders.
Research & Brokerage Views
Initiated coverage with a Buy rating, highlighting strong growth prospects and upside potential across its distribution and technology solutions ecosystem.
Historical Bulk / Block Deals
What to Watch Next
- Execution and delivery trends in the Technology Solutions and Mobility business groups.
- Management commentary and institutional participation following recent Q2 earnings results.
- Sustainability of trading volumes relative to the 20-day average volume benchmark.
- Geopolitical developments and operational resilience across Middle Eastern and African markets.
Other Dated Coverage
- Redington Share Price Today: Rises 11.06% in 2 Trading Sessions | 4 November 2026 — 4 November 2026
- Redington Share Price Today: Why REDINGTON Is Falling 8.46% | 30 October 2026 — 30 October 2026
More Redington news and dated analysis →
Frequently Asked Questions
What is the latest Redington company news?
Redington Limited announced its financial results for the quarter ended September 30, 2026, reporting a consolidated revenue of ₹43,002 crore, up 48% year-on-year. Profit after tax (PAT) excluding exceptional items grew 50% to ₹581 crore, supported by strong performance across India and the Middle East and Africa regions. The Technology Solutions Group led segment growth with a 91% surge in revenue driven by enterprise infrastructure and data center investments.
How strong was Redington’s trading volume?
88.41 lakh shares traded, 1.85 times the 20-day average daily volume. The price and volume data are dated 6 November 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.