Redington share price closes at ₹244.55; Q3 profit rises 8.87%
Introduction: Why redington share price matters
The redington share price is closely watched by investors and market observers as an indicator of sentiment in the IT and distribution sector. Movements in the stock reflect corporate earnings, broader market trends and technical levels that influence buying and selling decisions. Today’s close and recent performance offer a snapshot of where the company stands after its latest quarterly results.
Main details and recent data
Closing price and market capitalisation
As of February 26, 2026 at 4:01 pm IST, Redington Ltd closed at ₹244.55. The company’s market capitalisation at the close was ₹19,118.29 Cr. During the trading session the stock touched a day high of ₹245.5 and a low of ₹238.3, with roughly 13.46 lakh shares changing hands.
Quarterly performance and year-on-year change
Redington reported a net profit of ₹435.80 Cr in Q3 2025-26, marking an 8.87% increase compared with the same quarter last year. This earnings uptick provides fundamental support to the stock despite short-term price swings.
Price range, bands and technical pointers
The stock is trading about 26.96% below its 52‑week high of ₹334.80 (30 June 2025) and about 38.21% above its 52‑week low of ₹176.94 (07 April 2025). On the NSE, the upper and lower price bands are set at ₹293.45 and ₹195.65 respectively, with a price band limit of 20%.
Recent momentum and moving averages
In the last seven days REDINGTON has moved down by 4.9%. Short- and medium-term moving averages reported by 5paisa stand above the current price: 50 DMA ₹264.87, 100 DMA ₹267.87 and 200 DMA ₹263.75. Reported rolling returns include +3.32% over one month and -0.23% over three months.
Conclusion: Implications for investors
The combination of a quarterly profit rise and a recent short-term price dip suggests mixed signals for investors. While fundamentals showed improvement in Q3, the share remains noticeably below its 52‑week peak and under key moving averages, indicating potential resistance overhead. Investors and traders may monitor upcoming earnings cycles, volume trends and the defined price bands for signs of renewed momentum or stabilization. As always, decisions should consider individual risk profiles and the broader market context.
