The company plans to consider share buyback on Sept. 17, according to its stock exchange notification.
Shares of the supply chain solution fluctuated between gains and losses to trade at Rs 110.55 as of 9:30 a.m.
Trading volume was 18.1 times its 20-day average, according to Bloomberg data. Redington India trades at 31.6 times trailing 12-month earnings per share and 9.2 times its estimates for the coming year.
