The stock of Redington (India) was buzzing on the bourses as the stock hit a record high during Tuesday’s trade on the BSE ahead of new iPhone launch.
Redington is the authorised distributor for Apple’s iPhone. Another authorised distributor of Apple products, HCL Infosytems was also witnessing an upward momentum during Tuesday’s trade.
The stock of Redington traded on a new 52-week high value of Rs 166 during Tuesday’s trade on the BSE and the stock witnessed a spurt in volume by more than 2.31 times. The stock was trading at Rs 162.20 per share, up by Rs 3.25 or 2.04% as at 1055 hours on Tuesday, on the BSE.
Redington (India) Limited is an India-based company, which operates in the information technology product distribution business, supply chain solutions and after sales services of information technology products.
While, HCL Infosytems was trading at Rs 52.75 per share, up by Rs 1.95 or 3.84% and the stock witnessed a spurt in volume by more than 2.79 times.
Apple’s much-awaited flagship product, iPhone 8 is expected to be unveiled on Tuesday, September 12 in California by the company’s CEO Tim Cook.
Redington is the authorised distributor for Apple’s iPhone. Another authorised distributor of Apple products, HCL Infosytems was also witnessing an upward momentum during Tuesday’s trade.
The stock of Redington traded on a new 52-week high value of Rs 166 during Tuesday’s trade on the BSE and the stock witnessed a spurt in volume by more than 2.31 times. The stock was trading at Rs 162.20 per share, up by Rs 3.25 or 2.04% as at 1055 hours on Tuesday, on the BSE.
Redington (India) Limited is an India-based company, which operates in the information technology product distribution business, supply chain solutions and after sales services of information technology products.
While, HCL Infosytems was trading at Rs 52.75 per share, up by Rs 1.95 or 3.84% and the stock witnessed a spurt in volume by more than 2.79 times.
Apple’s much-awaited flagship product, iPhone 8 is expected to be unveiled on Tuesday, September 12 in California by the company’s CEO Tim Cook.
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