India's Redington gains on distribution deal with global cybersecurity firm OPSWAT
BUZZ-India's Redington gains on distribution deal with global cybersecurity firm OPSWAT ** IT goods distributor Redington REDI.NS shares rise as much as 4.76%, most in about two weeks, to 416.9 rupees
** Uptick after OPSWAT, a global cyber security firm, signs a distribution deal with REDI, covering the Gulf Cooperation Council (GCC), Levant, Turkey, Africa and the Commonwealth states
** Partnership combines OPSWAT's critical infrastructure protection (CIP) portfolio with REDI's on-the-ground sales, technical, warehousing, logistics and financing capabilities, says Hussam Sidani, regional vice president, of META, OPSWAT
** REDI shares up 50.2% in 2026 so far, according to exchange data
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
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