Redington (India) rose 2.73% to Rs 65.90 at 13:05 IST on BSE after two block deals aggregating 18.98 lakh shares were executed on BSE at Rs 65 per share.
A block deal of 9.98 lakh shares was executed at 10:16 IST while another block deal of 9 lakh shares was executed at 10:39 IST. The two block deals constitute 0.47% of Redington (India)'s equity.
Meanwhile, the S&P BSE Sensex was down 50.47 points or 0.24% at 20,840.35.
On BSE, 19.66 lakh shares were traded in the counter as against average daily volume of 15,000 shares in the past two weeks.
The stock hit a high of Rs 67.30 and a low of Rs 63.30 so far during the day.
Redington (India)'s consolidated net profit rose 4.3% to Rs 76.07 crore on 13.9% growth in net sales to Rs 6672.55 crore in Q2 September 2013 over Q2 September 2012.
Redington is the largest supply chain solution provider in emerging markets. As a group, Redington is present in India, Middle East, Africa, Turkey, Srilanka, Bangladesh and the Commonwealth of Independent States (CIS) countries
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