Page 2 - Redington (india)

Dixon Tech, Sonata Software, Redington: Time to bet on these midcap stocks

These five stocks are likely to gain ground in the days ahead, provided the overall market sentiment stays strong.

Redington India in focus; shares jump 18% post June quarter nos

The company's net profit declined 19.31 YoY per cent to Rs 88.78 crore.

Redington India loses sales worth Rs 1,800 cr due to Covid-19 spread

Firm says these orders would have pushed the top line up by 15%

Eight firms to list commercial papers on BSE for issue size of Rs 35,585 cr

After the process, the effective date for listing of commercial papers (CPs) with the exchange will be January 1, 2020, it added.

Apple product distributor Harrow Investment sells 50% stake in Redington

Harrow Investment Holdings Ltd, promoter of Redington (India), a distributor of Apple products in India, has sold almost 61 per cent of its shares in the company for Rs 250 crore. The shares were acquired by Norwegian government pension fund and Reliance Mutual Fund.Both the investors have togather acquried 1,99,50,000 equity shares in the company, according to BSE Block deals Harrow Investment Holding Ltd, which was holding 3,27,77,599 equity shares with 8.2 per cent of the equity share as on March, 2017, has sold 1,99,50,000 at Rs 125 per share through block deal, for a total consideration of Rs 249.57 crore. Norges Bank, the central bank of Norway, on account of the Government Pension Fund Global, has acquired 1,19,50,000 equity shares of Redington for Rs 125 per share, for a consideration of Rs 149.37 crore. Reliance Mutual Fund acquired 70,00,000 equity shares for Rs 125 per share worth Rs 87.5 crore.Mutual Funds hold around 14.24 per cent stake and Foreign Portfolio Investors ...

Redington (India) dips after block deals

The stock dipped 12% to Rs 98 after more than six million shares changed hands on the BSE and NSE via block deals.