Redington rises on entering into strategic partnership with Infoblox
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Redington (India) is currently trading at Rs. 132.95, up by 1.50 points or 1.14% from its previous closing of Rs. 131.45 on the BSE.
The scrip opened at Rs. 133.70 and has touched a high and low of Rs. 134.40 and Rs. 132.20 respectively. So far 96912 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 179.25 on 17-Jan-2022 and a 52 week low of Rs. 116.70 on 03-Jun-2021.
Last one week high and low of the scrip stood at Rs. 137.70 and Rs. 128.70 respectively. The current market cap of the company is Rs. 10389.47 crore.
The Institutions and Non-Institutions held 55.54% and 44.46%, stake in the company respectively.
Redington has entered into a strategic partnership with Infoblox, the leader in cloud-first DNS management and security services. The collaboration helps Redington's extensive customer base across IT and ITES, BFSI, Pharma, Manufacturing and other sectors simplify, scale, and secure their networks for hybrid environments, which are foundational for remote work. Infoblox collaboration helps Redington to better their network security portfolio.
Redington is one amongst the top supply chain solution providers worldwide to over 100 leading manufacturers of Information Technology, Telecom, Lifestyle and Consumer Electronics Products.
