Redington shares gain 4% after Q1 profit jumps 77% YoY, revenue growth remains robust

Redington shares gained nearly 4% after a 15% surge in the previous session, following a strong Q1FY27 performance. The technology solutions provider reported a 77% YoY rise in net profit to Rs 486 crore, aided by record revenue and operating leverage. The stock also touched a fresh 52-week high of Rs 338.50 after the earnings announcement.