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Top picks! Redington among 5 stocks with upside potential of up to 27%. Do you own any?
Monarch Networth Capital has maintained Buy ratings on Pricol, Redington, Sundram Fasteners, Travel Food Services and Viyash Scientific, citing strong earnings growth, improving margins and business expansion. The brokerage sees upside potential of up to 27% across these stocks.
GNG Electronics hits the roof after forming pan-India distribution pact with Redington
GNG Electronics was locked in 5% upper circuit at Rs 656.15 after the company entered into a strategic pan-India distribution partnership with Redington.
Will Nifty hit 25,000 this month? Key levels to watch in the week ahead
Nifty eyes a potential up move, with immediate targets at 24,300–24,600, though a dash to 25,000 this month appears uncertain. The IT index remains technically weak, while the defence index shows strong momentum, hitting a 52-week high. Experts recommend buying Radico Khaitan and Redington, citing bullish continuation setups and recovery signs respectively.
Redington rallies as Apple weighs price increases
Redington surged 9.94% to Rs 273.70 on Thursday after reports suggested Apple is preparing to raise prices on some products amid rising memory and storage chip costs.
Redington shares rally 10% after Apple CEO Tim Cook says price hikes 'unavoidable' amid AI boom
Redington shares surged over 10% after Apple CEO Tim Cook signalled potential price hikes due to rising memory and storage costs driven by AI demand. Investors bet on improved margins for Redington, a key Apple distributor, even as the company reported a year-on-year decline in quarterly profit despite strong revenue growth.
Top Gainers & Losers on June 10: Oil India, NLC India, Manappuram, Indian Bank, Redington, among top losers - Mint
Top Gainers & Losers on June 10: Oil India, NLC India, Manappuram, Indian Bank, Redington, among top losersMint
Top Gainers & Losers on June 9: Gabriel India, OLA, Pine Labs, Bank of Baroda, Redington, Paytm among top gainers - Mint
Top Gainers & Losers on June 9: Gabriel India, OLA, Pine Labs, Bank of Baroda, Redington, Paytm among top gainersMint
Redington spurts after Apple unveils software, AI upgrades at WWDC
Redington jumped 6.14% to Rs 243.70 after Apple announced major software and artificial intelligence upgrades at its annual Worldwide Developers Conference (WWDC).
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.
Uflex, Saregama India, Redington shares rise up to 12% today - Business Today
Uflex, Saregama India, Redington shares rise up to 12% todayBusiness Today
FIMER India & Redington Solar Sign Pan-India Deal to Expand String Inverter Distribution Nationwide
The agreement positions Redington Solar as the new distribution partner for FIMER string inverters, leveraging Redington's nationwide reach to bring FIMER's cutting-edge technology closer to C&I customers, solar developers, EPCs and rooftop installers all over the country.
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 dips, the company anticipates revenue growth.