Redington surges 18% after posting record quarterly revenue and profit
Shares of Redington surged as much as 17.8% on Thursday, July 30, after the technology solutions provider reported record quarterly revenue and profit for the June quarter on Wednesday. This marked the biggest stock gain since September last year. The company’s net profit jumped 76.7% year-on-year to ₹486 crore, marking ithighest-ever quarterly profit. It reported…
