Shares of information technology solutions provider Redington India opened 5 per cent higher on Friday as Synnex Mauritius is likely to sell 18 crore shares or 24.13% equity in the company. 3,200 crore in the block deal window.
inventory was doing business on 177.20 on the NSE at around 11:58 am, higher by 2.96 per cent after erasing some of its early gains.
In August last year, Sinex Mauritius had said it would sell its stake in Redington (India) Limited.
Meanwhile, Redington Limited has registered a standalone NET 141.38 crore for the quarter ending December 31, 2022. The city-based firm had registered a standalone net 137.45 crore during the same period last fiscal.
Total income increased for the quarter under review 9,448.40 crore as against 7,098.23 crore in the year-ago period.
The company’s Managing Director Rajeev Srivastava said, “In Q3FY23 our focus on digital transformation combined with our core strengths in innovations, technology and partnerships will enable us to fast-track the customer journey of technology adoption by reducing redundancies that create technology friction.” is capable of.”
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