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Tejas Networks, Redington to Netweb Technologies: These 5 stocks rise up to 19% despite stock market crash
Tejas Networks and Redington shares surged 19% and 17% respectively on February 27, despite falling benchmark indices. The Sensex and Nifty 50 declined over 1% amid geopolitical tensions and foreign fund outflows, highlighting contrasting stock performance.
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.
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.
Redington shares gain 5% on reports of Apple price hikes amid rising chip costs
Redington is one of Apple's primary authorised national supply chain and distribution partners across India, the Middle East and Africa
Redington shares fall up to 5% as arm's operations in Gulf region disrupted amid ongoing war
The company said the disruption has led to rerouting of shipments and closure of major ports and airspace, resulting in longer transit times.
Stocks to Watch Today: Tata Motors, Andhra Cements, Sun Pharma, GMDC, Axiscades, Power Mech, Zydus Lifesciences, Bajaj Electricals in focus on 17 March
Stocks to Watch, 17 March: Stocks like Reliance Industries, Tata Motors, Andhra Cements, Sun Pharmaceutical Industries, Rail Vikas Nigam, Gujarat Mineral Development Corporation, Axiscades Technologies, Power Mech Projects, Redington, and Zydus Lifesciences will be in focus on March 17.
Redington shares surge up to 15% as report says 25% of iPhones are made in India
Redington shares touched an intraday high of Rs 268.5 per share on the NSE, up 15.56 percent.
Redington stock jumps 15% today as Apple’s ‘big week’ teaser fuels expectations of new iPhone, iPad launches
Market participants linked the buying interest in Redington stock today to Apple’s teaser posted earlier this week, which has fuelled speculation around multiple product launches over the coming days. Redington is a key distributor of Apple products such as iPhones, iPads and MacBooks.
Stocks to Watch Today: Wipro, Omnitech, KEC International, Motherson, Vascon Engineers, Borosil, Relaxo Footwears, Hatsun Agro, Redington in focus on 12 March
Stocks to Watch, 12 March: Stocks like Wipro, Omnitech Engineering, KEC International, Samvardhana Motherson International, Vascon Engineers, Borosil, Relaxo Footwears, Mahanagar Gas, Hatsun Agro Product, Bharat Forge, Everest Industries, and Redington will be in focus on March 12.