Overview

• Apple opened retail sales of the iPhone 17 lineup across India, drawing long lines at flagship stores in Mumbai and Delhi and a reported scuffle outside the BKC location.
• Redington shares touched an intraday high near Rs 314.4 on Friday, up about 9% from the previous close before paring some gains.
• Trading in Redington spiked with volume at roughly 11 times the 30-day average, turnover near Rs 840 crore on the NSE, and more than 2.75 crore shares changing hands.
• Apple accounted for 34% of Redington’s revenue in the June 2025 quarter, underscoring the distributor’s sensitivity to iPhone demand.
• India pricing for the iPhone 17 series spans about Rs 82,900 to Rs 2,29,900 depending on model and storage.