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Birla Corporation Ltd, Triveni Engineering and Industries Ltd, Five-Star Business Finance Ltd and Zen Technologies Ltd are among the other losers in the BSE's 'A' group today, 30 July 2025.
Redington Ltd crashed 7.66% to Rs 265.65 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 1.85 lakh shares were traded on the counter so far as against the average daily volumes of 95497 shares in the past one month.
Birla Corporation Ltd tumbled 6.54% to Rs 1413. The stock was the second biggest loser in 'A' group.On the BSE, 42844 shares were traded on the counter so far as against the average daily volumes of 9688 shares in the past one month.
Triveni Engineering and Industries Ltd lost 6.49% to Rs 343.85. The stock was the third biggest loser in 'A' group.On the BSE, 1.07 lakh shares were traded on the counter so far as against the average daily volumes of 29937 shares in the past one month.
Five-Star Business Finance Ltd fell 5.00% to Rs 617.05. The stock was the fourth biggest loser in 'A' group.On the BSE, 69520 shares were traded on the counter so far as against the average daily volumes of 27737 shares in the past one month.
Zen Technologies Ltd plummeted 5.00% to Rs 1523.55. The stock was the fifth biggest loser in 'A' group.On the BSE, 40852 shares were traded on the counter so far as against the average daily volumes of 32999 shares in the past one month.
The company’s Mobility business grew by 44% YoY, supported by growth in the premium segment. The Cloud business grew 41% YoY, maintaining strong momentum with the hyperscalers. The Technology Solutions Group (TSG) grew 21% YoY, driven by large deal wins.
EBITDA improved by 6% to Rs 450 crore in Q1 FY26 from Rs 424 crore in Q1 FY25.
The company said that it continues to evolve as a holistic technology solutions provider addressing the market demand for smartphones, PCs, servers, storage, networking, software solutions for hybrid work and learning environments, consumer, SMB and enterprise customers.
It is also responding to the emerging technology requirements fueled by growing adoption of cloud, generative AI, cyber security and sustainable technologies.
V.S. Hariharan, managing director & group CEO, Redington, said: “In Q1 FY26, our growth has been stellar led by cloud, mobility & technology solutions business with strong double digit growth rates.
India, UAE & KSA continue to provide us with the momentum by delivering a high growth, outperforming the market, while Africa continues to remain stable.
With our enhanced focus on software, cyber-security and application software, we have embarked on the next wave of digital transformation that will further strengthen our growth trajectory.'
The company’s net debt – equity ratio was at 0.23x at the end of Q1 FY26 as against 0.21x at the end of Q1 FY25. Return on equity (RoE) and return on capital employed (ROCE) for Q1 FY26 was 12.6% (down 40 basis points YoY) and 14.5% (down 160 basis points YoY), respectively. Provision for accounts receivables for Q1 FY26 was 0.39% as against 0.02% for Q1 FY25.
Redington is a leading distributor of IT and mobility products and a provider of supply chain management solutions and support services in India, the Middle East, Turkey and Africa.