Redington India gained 4.87% to Rs 137.80 at 12:54 IST on BSE on bargain hunting after sliding 12.22% in the preceding eight trading sessions to settle at Rs 131.40 yesterday, 7 March 2018, from its close of Rs 149.70 on 22 February 2018.
On BSE, so far 19,000 shares were traded in the counter, compared with an average volume of 1.66 lakh shares in the past two weeks. The stock hit a high of Rs 138.75 and a low of Rs 132.40 so far during the day. The stock hit a record high of Rs 210.05 on 10 November 2017. The stock hit a 52-week low of Rs 103 on 3 March 2017.
The mid-cap company has an equity capital of Rs 80.03 crore. Face value per share is Rs 2.
Redington India's consolidated net profit rose 0.23% to Rs 126.07 crore on 7% rise in total income to Rs 11738.19 crore in Q3 December 2017 over Q3 December 2016.
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