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Redington shares rise 11% after strong Q2 earnings

market hours1 source ↓written by the desknot a recommendation

Redington's shares surged
11.7%
₹279.55
after reporting record
6 Nov 2023
in revenue
₹29,118 cr
increase
17% YoY

Redington's shares surged 11.7% to ₹279.55 on 6 Nov 2023 after reporting record Q2 results. The company achieved ₹29,118 cr in revenue, a 17% YoY increase, and net profit of ₹388 cr, up 32% YoY. This growth was driven by strong performances in India and the UAE, each growing 23% YoY.

This robust performance may boost investor sentiment and trading activity in the technology sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 6 Nov 2025, 11:05 IST.

Sourcesnews.google.com

The market after the news

REDINGTON closed +15.9% on the day of the news, from ₹250.25 to ₹289.95; Nifty −0.3% over the same session.

Bulletin at 11:05 IST on 6 Nov 2025. Every change is measured from ₹250.25, the last close before it, on 4 Nov. Nifty 50 is measured over the same sessions.

  • REDINGTON close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
REDINGTON closes around the bulletin against the close before the news, with Nifty 50 rebased to it211.51254.01296.50axis spans 40%before the news · 4 Nov250.25Nifty 50REDINGTONbulletinD0+1+3+529 Oct11 Nov20 NovReference close ₹250.25. 16 sessions from 29 Oct to 20 Nov; the price axis spans 40 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before4 Nov₹250.25basebase
On the day6 Nov₹289.95▲ +15.9%▼ −0.3%+16.2 pp difference
+1 session7 Nov₹292.00▲ +16.7%▼ −0.4%+17.1 pp difference
+3 sessions11 Nov₹288.30▲ +15.2%▲ +0.4%+14.8 pp difference
+5 sessions13 Nov₹296.50▲ +18.5%▲ +1.1%+17.4 pp difference
Gap at the open, % · ₹
▲ +6.0%+14.89 on 6 Nov
Day's range, % · ₹
11%≈ 28 high to low
Volume on the day
23.59×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · REDINGTON on the desk →

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