Redington to retail iPhone XS, iPhone XS Max; Stock jumps 3%

Shares of supply chain solutions provider Redington (India) gained 3 per cent on Friday as the company said it would offer the newly launched Apple iPhone models iPhone XS, iPhone XS Max at its retail outlets across the country.

The models will be sold through 2,500 retail outlets of the company across the country, a press release said.

The stock rose 3.17 per cent to hit a high of Rs 113.6 on the BSE.


California-based technology giant Apple on Wednesday unveiled updated versions of iPhones, along with a new smartwatch that allows users to take their own electro cardiograms.

Meanwhile, Redington India’s subsidiary ProConnect Supply Chain Solutions has increased its shareholding in Rajprotim Supply Chain Solutions to 88 per cent, from 76 per cent, the company told stock exchanges.