Recommendation from Trading and Capital Goods Sector

The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations.[EasyDNNnews:PaidContentStart]

Redington Ltd.
CMP - ₹291.85
BSE CODE 532805
Volume 7,36,193
Face Value ₹2
Target ₹315 - ₹320
Stoploss ₹270 (CLS)

The company is a leading technology solutions provider and distributor of IT and mobility products. The company offers a comprehensive range of services, including, Logistics, cloud solutions, digital printing, and Solar energy solutions. In Q1FY26, the company reported strong revenue growth of 22 per cent year-on-year at ₹25,952 crore, while net profit rose notably to ₹233 crore from ₹217 crore in the same quarter last year. Shares experienced a significant surge of around 25 per cent over two trading sessions in September 2025, driven by the anticipation and subsequent launch of Apple's iPhone 17 series in India. As one of Apple's primary distribution partners in the region, Redington manages logistics, warehousing, and distribution of Apple products, including iPhones, across India and neighbouring markets. The strong demand for the new iPhone models, coupled with Redington's integral role in Apple's supply chain, contributed to the rally. Given the further attractive upside potential, we recommend BUY.

MIC Electronics Ltd
CMP - ₹57.01
BSE CODE 532850
Volume 17,42,427
Face Value ₹2
Target ₹61 - ₹63
Stoploss ₹53 (CLS)

MIC Electronics Limited is a renowned player in designing, developing, and manufacturing LED video displays, high-end electronic and telecommunication equipment. The LED display and telecom equipment segment is witnessing strong growth, fuelled by rising demand across infrastructure, transportation, retail, and smart city projects. With increasing urbanisation, digital advertising, and smart mobility solutions, the need for high-quality display and communication systems is surging. As a key player in this space, MIC Electronics stands to benefit from these evolving opportunities. In a major development, the company has entered into an MoU with Singapore-based firm Top2 PTE Limited. The purpose of this MoU is to establish a framework under which MIC will engage Top2 to explore, identify, and finalize a Semiconductor fabrication partner from Taiwan. The objective is to commence semiconductor wafer production with a monthly capacity target of 25,000-30,000 wafers. Given the strong upside potential, we recommend BUY.

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