Redington India shares jumped more than 9% on September 19, 2025, following the much-anticipated launch of the iPhone 17 series in the country. As of 10:27 AM, the shares were trading 7.53% higher at Rs 309.85.
Visuals from Mumbai’s Bandra Kurla Complex (BKC) show long queues outside the Apple store, highlighting the overwhelming demand for the latest iPhone models. Social media platforms are buzzing with images and videos of buyers eager to get their hands on the iPhone 17.
Apple continues to be a key client for Redington, one of India’s leading supply chain and distribution companies. According to Redington’s June quarter investor presentation, Apple accounted for 34% of the company’s topline, up from 30% in the previous financial year. This strong contribution underlines Redington’s strategic partnership with the tech giant and its pivotal role in Apple’s distribution network in India.
Redington shares opened at ₹288.14 and saw a high of ₹314.40 during trading, while the day’s low was ₹286.86. The stock continues to show strong momentum, approaching its 52-week high of ₹334.80. Over the past year, Redington’s shares have traded as low as ₹158.61.
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