Redington could gain as memory shortage reshapes ICT distribution; brokerage sees 20% upside
60-Word AI Digest
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.
Key Takeaways
- 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.
- Full details and original dispatch available below.
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.
Original Publisher Attribution
This summary was curated from Economic Times.