NSE: REDINGTON · 9 November 2026
- Redington has fallen 10.43% over 3 trading sessions; today's move is -2.46%.
- Redington announced its consolidated financial results for the quarter ended September 30, 2026, reporting a 48% year-on-year rise in revenue to ₹43,002 crore. Profit after tax (PAT) excluding exceptional items grew 50% year-on-year to ₹581 crore, supported by strong performance in India and the Middle East and Africa regions. The company also registered an impairment loss of ₹80.33 crore on its Turkish subsidiary Arena as an exceptional item.
- Trading volume was 0.60 times the 20-day average daily volume.
Redington share price: 10.43% decline over 3 trading sessions
Redington Ltd. (REDINGTON) declined 2.46% today, settling at ₹328.50 after moving between an intraday high of ₹336.90 and a low of ₹327.00.
The broader market exhibited a relatively flat posture, with the Nifty rising 0.06%, while the IT sector benchmark retreated 1.54%. Redington's downward movement mirrored the weakness seen in its broader sector peers, compounding a difficult short-term stretch that includes a 5-day return of -0.59% and a 20-day return of -13.55%.
Company fundamentals remain underscored by its Q2 FY27 earnings reported on November 04, 2026, where consolidated revenue grew 48% year-on-year to ₹43,002 crore and profit after tax excluding exceptional items rose 50% to ₹581 crore. While these financial highlights reflect robust business growth across segments like Technology Solutions Group and Mobility Solutions Group, today's price action appears driven by prevailing broader sector pressures and short-term technical retracement rather than an immediate new operational catalyst.
30.20 lakh shares traded by 9 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 50.71 lakh shares (0.60 times). The five-day average daily volume was 88.28 lakh shares. Separately, the NSE report for 9 November 2026 showed 15.24 lakh shares delivered, representing 50.47% of that day’s traded volume. The same report recorded 62,168 trades.
Redington's 2.46% decline occurred on below-average volume and coincided with broad weakness across the technology sector benchmark. No single confirmed company-specific trigger occurred today, suggesting the move reflects ongoing short-term consolidation following recent price weakness.
Latest Company Developments
Redington announced its consolidated financial results for the quarter ended September 30, 2026, reporting a 48% year-on-year rise in revenue to ₹43,002 crore. Profit after tax (PAT) excluding exceptional items grew 50% year-on-year to ₹581 crore, supported by strong performance in India and the Middle East and Africa regions. The company also registered an impairment loss of ₹80.33 crore on its Turkish subsidiary Arena as an exceptional item.
Demonstrates substantial top-line and operating profit expansion across core technology and mobility distribution verticals.
Redington Gulf signed a strategic collaboration agreement with Amazon Web Services (AWS) to accelerate cloud and artificial intelligence adoption across the Middle East, Turkey, and Africa region. The partnership builds on Redington Gulf's existing AWS competencies to help enterprise partners deploy scalable cloud solutions and modern infrastructure. This agreement serves to deepen the company's footprint in high-growth digital transformation markets.
Expands Redington's capabilities in high-margin cloud services and AI infrastructure deployment across emerging 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 5-year term effective November 4, 2026. Ms. Dhir brings extensive legal and corporate governance experience from her practice in domestic and cross-border transactions. Her addition strengthens the board's governance oversight frameworks.
Enhances corporate governance and strategic board composition as the company navigates its international expansion.
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 positive view, citing strong upside potential tied to Redington's extensive technology distribution footprint and robust growth across enterprise IT and mobility segments.
Historical Bulk / Block Deals
What to Watch Next
- Execution of the AWS strategic collaboration agreement across META region markets
- Sustained delivery and volume participation relative to its 20-day average volume of 0.6x
- Progress on enterprise and data centre technology demand highlighted in recent results
- Monitoring of working capital cycle days and debt-to-equity metrics
Other Dated Coverage
- Redington Share Price Today: Falls 10.57% in 2 Trading Sessions | 6 November 2026 — 6 November 2026
- 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 announced its consolidated financial results for the quarter ended September 30, 2026, reporting a 48% year-on-year rise in revenue to ₹43,002 crore. Profit after tax (PAT) excluding exceptional items grew 50% year-on-year to ₹581 crore, supported by strong performance in India and the Middle East and Africa regions. The company also registered an impairment loss of ₹80.33 crore on its Turkish subsidiary Arena as an exceptional item.
How strong was Redington’s trading volume?
30.20 lakh shares traded, 0.60 times the 20-day average daily volume. The price and volume data are dated 9 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.