19 Sep 2025 | 5 Mins Read
Redington shares surge over 8% after iPhone 17 India launch
Flipitmoney
Redington Ltd's shares surged over 7% on September 19 after Apple's iPhone 17 models were launched in India. Visuals of people queueing outside the Apple store in Mumbai show huge demand. Apple is a key client for Redington, contributing 34% to its topline in June. Shares rose 20% earlier on iPhone launch news, with a 256 GB iPhone 17 priced at ₹82,900 to ₹1.9 lakh for the 1TB Pro Max.