Redington Share Price in Focus on iPhone 17 Sales Buzz

The shares of Redington Ltd surged 20% to hit the upper circuit at ₹289.70 apiece on September 16. The rally comes as investors anticipate strong sales of Apple’s newly launched iPhone 17 in India. With pre-orders already underway and official sales set to begin on September 19, expectations of robust demand have boosted investor sentiment significantly.

Redington’s Role in Apple’s Growth in India

Redington has been a key distributor of Apple products in India since 2007. As Apple continues to expand its footprint in the country, Redington’s role as a trusted distributor strengthens its growth potential. The company stands to benefit directly from the surge in demand for Apple’s latest devices, particularly the iPhone 17, which is already witnessing encouraging pre-order trends.

All About Apple’s iPhone 17

Apple’s latest launch includes iPhone 17, iPhone 17 Pro, and iPhone 17 Pro Max. Available in lavender, mist blue, sage, white, and black, the iPhone 17 comes in 256GB and 512GB storage variants, with prices starting at ₹82,900 in India. Pre-orders opened on September 12, and reports suggest that several models are already out of stock, highlighting the strong consumer appetite for the new devices.

Redington Share Price Performance

On September 17, 2025, Redington share price (NSE: REDINGTON) opened at ₹295.00, up from its previous close of ₹289.30. However, at 10:11 AM, the share price of Redington was trading at ₹286.15, down by 1.09% on the NSE. The stock price touched its 52-week high at ₹334.80 on June 30, 2025.

Also Read: India's Smartphone Exports Cross ₹1 Trillion in FY26, Driven by Apple Vendors and PLI Scheme!

Conclusion

The soaring demand for Apple’s iPhone 17 has fueled optimism around Redington’s prospects, propelling its shares to the upper circuit, however on Wednesday the share price was in red. As sales officially begin on September 19, the stock is expected to remain in focus, driven by Apple’s growing market influence in India.

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