Is Redington share good to buy?

Is Redington share good to buy?

PE vs Industry: REDINGTON is good value based on its PE Ratio (11.2x) compared to the Indian Electronic industry average (31.1x). PE vs Market: REDINGTON is good value based on its PE Ratio (11.2x) compared to the Indian market (20.1x).

Which is the best company to invest money?

Reliance Industries Ltd.

  • Tata Consultancy Services Ltd.
  • HDFC Bank Ltd.
  • ITC Ltd.
  • Hindustan Unilever Ltd.
  • HDFC Ltd.
  • Infosys Ltd.
  • State Bank of India.
  • Is Redington debt free?

    As you can see below, Redington (India) had ₹6.16b of debt at March 2021, down from ₹27.7b a year prior. But on the other hand it also has ₹35.4b in cash, leading to a ₹29.2b net cash position.

    Who owns Redington India?

    R. Srinivasan
    Srinivasan is an Indian businessman. He is the founder of Redington India, a US $4.2 billion technology products supply chain solution company operating in India, the Middle East, Africa and Turkey.

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    Is NIIT Ltd stock a good long-term investment?

    According to our live Forecast System, NIIT Ltd. stock is an acceptable long-term (1-year) investment*. “Niit Ltd” stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. Q&A about “500304” projections.

    Do individual investors have to pay the NIIT?

    Individuals are frequent net investment income taxpayers, mostly because they represent a large portion of the investment market. Only U.S. citizens and resident aliens with net investment income that exceeds the MAGI thresholds in the table below need to pay the NIIT, though. On the other hand, non-resident aliens are not subject to this tax.

    What is the net investment income tax (NIIT) for 2021?

    The NIIT is set at 3.8\%, and that rate is relevant for both the 2020 and 2021 tax seasons. To give some background, the net investment income tax is part of the Health Care and Education Reconciliation Act of 2010. While the NIIT might seem out of place here, it was actually created to help fund the aforementioned healthcare reforms.

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    What is long-term investing?

    Meanwhile, for investors, long-term investing is buying and holding a security for a longer term, usually for over a year. The length of the investment horizon for a longer-term investment varies. For stocks, it could be any time over a year, while for long-term bonds held till maturity, it could be ten years or possibly more.