The Latest Breaking News from Redington

Apple Event 2026 impact: Redington shares jump 5% after Apple unveils first-ever foldable iPhone

Apple’s entry into the foldable smartphone market could benefit Redington, a key Apple distribution partner in India and other markets. Analysts expect the launch to boost consumer awareness and confidence in foldables, although Samsung is likely to retain its dominance in the near term. IDC expects Apple to ship around…

The Economic Times · Sep 10

Ahead of Market: 10 things that will decide stock market action on Tuesday

Indian equities rallied sharply as easing oil prices following renewed US-Iran talks boosted sentiment. Sensex gained 544 points and Nifty surged 1.6%, adding nearly Rs 5 lakh crore in market value, while FII inflows, a stronger rupee and upbeat earnings supported optimism.

The Economic Times · Aug 3

Redington shares gain 4% after Q1 profit jumps 77% YoY, revenue growth remains robust

Redington shares gained nearly 4% after a 15% surge in the previous session, following a strong Q1FY27 performance. The technology solutions provider reported a 77% YoY rise in net profit to Rs 486 crore, aided by record revenue and operating leverage. The stock also touched a fresh 52-week high of…

The Economic Times · Jul 31

Redington shares rally 5% after Apple unveils new features at WWDC 2026

Redington shares rose sharply on Tuesday after Apple unveiled a rebuilt Siri and a suite of AI-powered features at WWDC 2026. The rally reflects investor optimism over Redington's long-standing partnership with Apple, for whom it manages distribution, logistics and warehousing across India and several international markets.

The Economic Times · Jun 9

Redington turns to air freight as Gulf conflict disrupts sea routes

Indian IT distributor Redington is using more air freight to deliver products to the Middle East. Conflict has disrupted sea routes, forcing this shift. Air freight rates have risen due to higher fuel costs and reduced shipping capacity. Redington is also rerouting supplies and arranging new insurance. Despite some demand…

The Economic Times · May 15

IIT Madras institutes a chair to study logistics and supply chain

Indian Institute of Technology Madras partners with Redington to establish a visiting chair professorship for advanced research in supply chain management.

The Hindu · Feb 14, 2024

Biogas plants installed at Kuruthanamedu in Tiruvallur district

Redington Foundation has installed 67 biogas plants at Kuruthanamedu village and renovated one pond at Thandalacherri in Tiruvallur district.

The Hindu · Jul 6, 2023

Advisors appointed by pension fund to develop human rights policy

Councillors have called for a clear policy on human rights investments after no agreement was reached earlier this year

Liverpool Echo · Dec 14, 2022