iPhone 17 India Launch: Shares Of Apple Supplier Redington Surge 9%; Details Here | Markets News


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Shares of Redington, which is key distributor of Apple products in India, has surged over 26 per cent in the past one week, following the unveiling of the latest iPhone 17 line-up.

Apple commenced the sale of its newly launched iPhone 17 series across India on Thursday.

Apple commenced the sale of its newly launched iPhone 17 series across India on Thursday.

Redington Share Price, iPhone 17 Launch in India: Shares of Redington, which is a key distributor of Apple products in India, on Friday surged over 9%, after the launch of iPhone 17 models in the country. The US-based tech giant has opened the sale of its latest iPhone models, and buyers have flocked to the Apple stores in huge numbers to queue up to buy the gadget.

The shares of Redington touched an intraday high of Rs 314.4 apiece, which is 9.11 per cent higher than the previous close of Rs 288.14 apiece, on the NSE as of 10:15 am on Friday, September 19. However, the stock cooled later to trade at Rs 303.2 (5.3% higher over the previous close), as of 11:20 am.

The stock has surged over 26 per cent in the past one week.

Redington’s share price had skyrocketed 20% on Tuesday, September 16, ahead of the launch of the latest iPhone in India.

Apple is a key client for Redington. According to its June 2025 quarter investor presentation, Apple contributed 34% to Redington’s revenue, higher than the 30% recorded during the financial year 2024-25.

Apple commenced the sale of its newly launched iPhone 17 series across India on Thursday, prompting large crowds and long queues outside Apple flagship stores in Mumbai and Delhi, as tech enthusiasts gathered to be among the first to purchase the latest devices.

The latest Apple launch includes the iPhone 17, iPhone 17 Pro Max, AirPods 3, Watch Series 11, Watch SE3, and Watch Ultra 3. These were unveiled globally on September 9, 2025.

iPhone 17, 17 Pro And iPhone Air Price In India: All Details

iPhone 17

  • iPhone 17 256GB – Rs 82,900
  • iPhone 512GB – Rs 1,02,900

iPhone 17 Pro

  • iPhone 17 Pro 256GB – Rs 1,34,900
  • iPhone 17 Pro 512GB – Rs 1,54,900
  • iPhone 17 Pro 1TB – Rs 1,74,900
  • iPhone 17 Pro Max 256GB – Rs 1,49,900
  • iPhone 17 Pro Max 512GB – Rs 1,69,900
  • iPhone 17 Pro Max 1TB – Rs 1,89,900
  • iPhone 17 Pro Max 2TB – Rs 2,29,900

iPhone Air

  • iPhone Air 256GB – Rs 1,19,900
  • iPhone Air 512GB – Rs 1,39,900
  • iPhone Air 1TB – Rs 1,59,900.

In the iPhones, the apparent change this year is a dramatic redesign of the rear camera module, which now stretches all the way across the body, rather than only containing the lenses. It’s still a triple camera within that new camera island, though there’s been one major upgrade. For the first time this year, Pro models feature 48-megapixel sensors across all three cameras, reported The Verge.

The telephoto is the lens getting a bump here, with a significant resolution improvement from the 12-megapixel telephoto lens found on last year’s models.

It’s not only higher resolution, the telephoto packs a 56 per cent larger sensor too, and Apple says it can deliver up to 8x optical quality zoom, reported The Verge.

The 6.3-inch Pro and 6.9-inch Pro Max come in only three colours: silver, blue, and an eye-catching orange that’s much more colourful than the previous Pro models.

Mohammad Haris

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More

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