REDINGTON - 3253142
Redington
~6% (11.6rs)special dividend
~Business turning around
~Fundamentals improved
~MCap 7285 Cr, OCF 3360 Crore
~Sustainable cash flows 1000 Crores ~Sustainable valuations 10XCash flows
But main negative is only from one client its Earning 33% revenue
Apple contributes 33% of revenue
But overall numbers are solid, which is positive for stock