1. INTRODUCTION
· Operating in India, the Middle East, Africa, and other emerging areas, Redington Limited is a top provider of supply chain solutions and technology distribution.
· Through a vast network of channel partners, the company specializes in the end-to-end distribution of IT, mobile, and technology solutions.
· Redington specializes in high-volume logistics operations, demand forecasting, and effective inventory management.
· It is appropriate for operations and supply chain management studies because to its asset-light and scalable distribution model.
2. OBJECTIVE
To calculate β of Redington Ltd. and observe its significance.
3. DATA COLLECTION
· Historical data of Redington Ltd. and NIFTY50 index data (downloaded from NSE website for the period 01-Dec-24 to 30-Nov-2025).
· The data was manipulated to get Friday closing prices.
4. LITERATURE REVIEW
· The literature for Redington Ltd., highlights its asset-light distribution model, extensive partner network, and strategic move toward value-added services such as cloud and digital solutions to remain competitive.
5. DATA ANALYSIS
· Regression Equation: –
y = 1.502012483x -0.214593166
where: –
y = Weekly Return for Redington Ltd.
x = Weekly Return for NIFTY
This equation tells us that if weekly returns of NIFTY increases, then weekly return for Redington Ltd also increases.
· Number of Observations = 48
· t-stat for β = 2.917729825
· p-value = 0.005438329 × 10⁻⁶ èThis indicates that since p-value < 0.05, β is statistically significant at 1% level.
· R2 = 0.156166865 è This indicates that around 15% of the weekly return for Redington Ltd. is explained by the weekly return for NIFTY. 85% is the error due to the other variables which are not in model.
· F = 8.513147331 è The overall model is statistically significant.
6. CONCLUSION
Here β = 1.502012483 è Since β ≥ 1, it is good for short-term investment if NIFTY rises.
7. REFERENCES
Shastri, A. SWOT Analysis of Redington India (IIDE case analysis).