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ET Markets - Stocks 134d ago
Gainers & Losers: Redington, Tejas Networks among 8 stocks in limelight on Friday
Nifty and Sensex tumbled sharply amid broad-based selling in auto, financial and FMCG stocks. Several counters including XTGlobal Infotech and Tejas Networks rallied, even as others declined on regulatory and deal-driven triggers.
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ET Markets - Stocks 134d ago
Explained: Why Redington shares soared 17% after Apple’s teaser ‘big week ahead’
Redington shares surged up to 17% after a teaser from Apple CEO Tim Cook hinted at major product launches next week. With Apple contributing nearly one-third of Redington’s revenue, investor enthusiasm spiked ahead of expected updates to iPhone, iPad and Mac lineups, reinforcing optimism around the distributor’s growth prospects.
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