Redington India Limited shares are seeing a sharp intraday rally today, surging over 15% on heavy trading volumes. The stock opened at ₹242.20 and has touched an intraday high of ₹279.69, showing strong buying momentum.
Trading activity has been robust, with more than 5.9 crore shares changing hands so far, signaling significant investor interest. Today’s price movement brings the stock well above its previous close of ₹241.42, and closer to its 52-week high of ₹334.80, while remaining far above the 52-week low of ₹158.61.
Analysts are closely monitoring the stock as the heavy volumes and intraday momentum indicate potential short-term trading opportunities.
Redington shares were up 13.79% at ₹274.65 apiece around 10.56 am. It has jumped 37.31% this year, so far.
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