{"id":962396,"date":"2025-09-18T08:18:05","date_gmt":"2025-09-18T02:48:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=962396"},"modified":"2025-09-18T08:24:53","modified_gmt":"2025-09-18T02:54:53","slug":"redington-shares-surge-5-up-nearly-25-in-just-2-sessions-whats-fuelling-the-rally","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/18\/redington-shares-surge-5-up-nearly-25-in-just-2-sessions-whats-fuelling-the-rally\/","title":{"rendered":"Redington shares surge 5%, up nearly 25% in just 2 sessions. What\u2019s fuelling the rally?"},"content":{"rendered":"<p>Shares of Redington Ltd rallied as much as 5.5% to their day\u2019s high of \u20b9305 per share on the BSE on Wednesday, September 17, as iPhone 17 sales inch closer, with pre-orders already underway and sales set to kick off on September 19. With today&#8217;s gain, the stock has risen nearly 25% in two trading sessions. <\/p>\n<p>The counter is seeing renewed interest as it handles the supply chain for IT and mobility products, including Apple\u2019s iPhone. The company has a long-standing partnership with Apple, dating back to a 2007 distribution agreement for Apple products in India. Redington manages logistics, warehousing, and distribution to resellers and retailers across India, the Middle East, Turkey, Africa, and South Asia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Redington Ltd rallied as much as 5.5% to their day\u2019s high of \u20b9305 per share on the BSE on Wednesday, September 17, as iPhone 17 sales inch closer, with pre-orders already underway and sales set to kick off on September 19. With today&#8217;s gain, the stock has risen nearly 25% in two trading sessions. The counter is seeing renewed interest as it handles the supply chain for IT and mobility products, including Apple\u2019s iPhone. The company has a long-standing partnership with Apple, dating back to a 2007 distribution agreement for Apple products in India. Redington manages logistics, warehousing, [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-962396","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/962396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=962396"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/962396\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=962396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=962396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=962396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}