Support and Resistance Levels
Past performance
About Redington Ltd Redington India Limited, established in 1961, is a leading integrated supply chain solution provider, particularly known as the second-largest distributor of IT products in India. With operations extending across India, the Middle East, Turkey, Africa, and South Asia, the company distributes products from over 220 manufacturers to more than 39,500 channel partners. Originally focused on IT products, Redington has evolved to include mobility and other technology products, managing over 45,000 SKUs. The company has expanded its portfolio to encompass logistics, supply chain management, and emerging technologies such as Cloud, Cybersecurity, IoT, AI, and ML.
Notable partnerships include distribution agreements with major tech firms like Microsoft, IBM, and Apple. In recent strategic moves, Redington introduced Redington Online, a digital platform for easy access to technology products and services, and CloudQuarks, a cloud commerce platform. Additionally, in 2021, the company divested its stake in Ensure Support Services, focusing on more strategic business areas. Redington continues to adapt, aiming to enhance its position as a solution-oriented distributor in the tech industry.