Redington Share Price Jump 25% in 7 Days as Apple Price Hike Expectations Fuel Rally

Redington share price continued their strong upward momentum on June 19, 2026, rising nearly 6% intraday to a high of ₹288.82 on the NSE.

The stock has now gained around 25% in the last 7 trading sessions, significantly outperforming the broader market. At around noon, Redington was trading near ₹287.55, while the Nifty 50 index was down nearly 0.9%.

Trading activity remained strong, with more than 13 million shares changing hands during the session.

Redington Share Price Gains Over the Past Month

Redington share price has delivered impressive returns in recent weeks.

• Up 25% in the last 7 trading sessions
• Gained nearly 30% in the past month
• Down around 5% over the last year
• Nifty 50 has risen about 1.4% in the past month and declined 3.4% over the past year 

Apple Price Hike Buzz Lifts Sentiment

Redington share price (NSE: REDINGTON) surged more than 10% on Thursday after Apple CEO Tim Cook indicated that the company plans to increase product prices to counter rising memory and storage chip costs driven by growing demand for artificial intelligence (AI).

Redington is one of Apple's major distribution and supply-chain partners in India. The company distributes several Apple products, including:

• iPhones
• iPads
• MacBooks
• Other Apple devices 

Investors believe that higher product prices could potentially support Redington's revenue growth, leading to increased interest in the stock.

Read more: India's Services Exports Rise to $421.3 Billion in FY26, Lifting Share in Total Exports to 48.8%!

Conclusion

Redington shares have witnessed a sharp rally amid expectations that Apple may raise product prices globally. As one of Apple's key distribution partners in India, the company is seen as a potential beneficiary of higher product pricing. 

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