DAM Capital has re-initiated coverage on Redington with a Buy rating and a target price of Rs 470, implying nearly 20% upside. The brokerage sees the memory shortage, distributor consolidation and software growth supporting revenue expansion and improving returns.
DAM Capital has re-initiated coverage on Redington with a Buy rating and a target price of Rs 470, implying nearly 20% upside. The brokerage sees the memory shortage, distributor consolidation and software growth supporting revenue expansion and improving returns.
<iframe src="https://hindustansphere.com/embed/cluster/3fb9e55df1f78fc824370b8409ebebe31a65d166" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Redington could gain as memory shortage reshapes ICT distribution; brokerage sees 20% upside"></iframe>
