Shares of Redington Ltd. surged over 12% on Thursday, November 6, after the company reported strong year-on-year growth and a sharp sequential improvement in performance. Margins remained stable at around 2%.

The Software Solutions Group (SSG) posted a 48% year-on-year increase, driven by sustained momentum in cloud, software, and cybersecurity. The Mobility Solutions Group (MSG) grew 18% year-on-year, driven by higher demand in the premium smartphone segment, new product introductions, and robust execution under its Direct-to-Retail model.

The Technology Solutions Group (TSG) saw a 9% year-on-year rise, aided by stronger enterprise demand and large-deal execution both in India and overseas. The Electronics Solutions Group (ESG) grew 11% year-on-year, led by rising PC demand in India ami

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