Case study

REDINGTON

Redington

Worth a closer look1y model +1.9%

Each stock's 10,000-path forecast, rendered as light.

0Score

Redington (REDINGTON) Stock Analysis & Case Study

Is REDINGTON a good buy? The data-driven verdict.

Redington (REDINGTON) trades at ₹280,on the numbers it worth a closer look, a Downstox Snapshot Score of 64/100.

On the numbers, Redington (REDINGTON) worth a closer look, a Downstox Snapshot Score of 64/100, weighing inexpensive at 13.7× earnings, ROE of 16.9%, a 52% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

REDINGTON fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹21,869 Cr
Current price
₹280
P/E ratio
13.7×
P/B ratio
2.15×
Book value
₹130
Dividend yield
2.14%
ROCE
17.5%
ROE
16.9%
Piotroski F-Score
4/9

Is REDINGTON overvalued? REDINGTON P/E vs its sector

REDINGTON's P/E of 13.7× sits below the sector peer median of 14.7×, so on earnings it screens in line with peers, while its 2.14% dividend yield is above the peer median of 1.67%.

REDINGTON P/E
13.7×
Peer median P/E
14.7×
REDINGTON div yield
2.14%
Peer median yield
1.67%

REDINGTON share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of REDINGTON history (13%/yr drift, 47%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
REDINGTON 2027₹158₹286₹522+2%
REDINGTON 2028₹127₹292₹679+4%
REDINGTON 2029₹107₹304₹839+8%
REDINGTON 2030₹91₹306₹999+9%
REDINGTON 2031₹83₹315₹1,166+12%

Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability REDINGTON goes up, or doubles?

52%
Higher in 1 year
Modelled chance the price is above today in 12 months
55%
Higher in 5 years
Modelled chance the price is above today in 5 years
29%
Doubles in 5 years
Modelled chance of reaching ₹562 within 5 years

The bull case for REDINGTON

  • Trades at just 13.7× earnings, below the ~22× long-run Nifty average, so the valuation leaves room rather than pricing in perfection.
  • A healthy 16.9% return on equity.
  • Pays a 2.1% dividend yield, so you're partly paid to wait.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹839.

The bear case & risks

  • High historical volatility (47%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹107.

REDINGTON volatility & expected range, how bumpy is the ride?

Over the last 2.0 years REDINGTON compounded at 13%/year with annualized volatility of 47%. That volatility implies a 1-year 80% range of ₹158₹522, the honest backbone behind any single price target.

REDINGTON price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.0 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
1.9%
80% range₹158–₹522
P(price ↑)52%
P(price 2×)7%
3-Year Forecast
2029
₹0
Median (P50)
8.4%
80% range₹107–₹839
P(price ↑)54%
P(price 2×)21%
5-Year Forecast
2031
₹0
Median (P50)
12.3%
80% range₹83–₹1,166
P(price ↑)55%
P(price 2×)29%

REDINGTON price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
REDINGTON simulated paths · 60 months · 10,000 trials
P10–P90 (80%)P25–P75 (50%)Median (P50)

Probability of key outcomes

What are the odds REDINGTON hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the REDINGTON price target & forecast page.

REDINGTON Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. REDINGTON scores 4/9,mixed financial health.

REDINGTON MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy REDINGTON with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST36.9%2.7×
ZerodhaCHEAPEST36.9%2.7×
DhanCHEAPEST36.9%2.7×

Compare every broker on the REDINGTON MTF page.

REDINGTON vs peers,sector comparison

StockP/EDiv yieldMarket cap
REDINGTON (this stock)13.7×2.14%₹21,869 Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About Redington: sector, index & market-cap context

Redington (REDINGTON) is a mid-cap NSE-listed company, and a constituent of the Nifty 200 index group, with a market capitalisation of ₹21,869 Cr. See more Nifty 200 stocks.

How the REDINGTON Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Redington's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

REDINGTON analysis, FAQs

Is Redington (REDINGTON) a good buy?

On the numbers, Redington (REDINGTON) worth a closer look, a Downstox Snapshot Score of 64/100, weighing inexpensive at 13.7× earnings, ROE of 16.9%, a 52% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is REDINGTON overvalued or undervalued?

REDINGTON trades at 13.7× earnings versus a peer median of 14.7×, so it screens cheaper than its sector peers.

What is the REDINGTON share price target for 2031?

REDINGTON's probability-weighted 2031 median target is ₹315, with an 80% range of ₹83₹1,166 (10,000-path Monte-Carlo).

What is the probability REDINGTON doubles in 5 years?

The modelled probability of REDINGTON reaching ₹562 (2×) within 5 years is 29%.

What is the bull case for REDINGTON?

Trades at just 13.7× earnings, below the ~22× long-run Nifty average, so the valuation leaves room rather than pricing in perfection. A healthy 16.9% return on equity. Pays a 2.1% dividend yield, so you're partly paid to wait.

What are the risks in REDINGTON?

High historical volatility (47%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on REDINGTON