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 Moneycontrol News June 18, 2026 / 11:00 IST Investor sentiment was buoyed by Redington's close association with Apple. Moneycontrol News Discover the latest Business News , Sensex , and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated! Watch LIVE: Trump Addresses Press Conference At G7 Summit | Key Remarks On Global Issues Watch more Sarvam founders Pratyush Kumar and Vivek Raghavan on raising money from HCLTech Watch more India Hikes ATF & Diesel Export Duty Amid Middle East Tensions Watch more Big News for Tata Group: Tata Sons Profit Soars, Dividend Likely to Rise Watch more Obama vs Trump On Iran, Two Presidents And One Nuclear Question Watch more Subscribe to Tech Newsletters Al Edge Newsletter On Saturdays Find the best of Al News in one place, specially curated for you every weekend. MC Tech 3 Newsletter Daily-Weekdays Stay on top of the latest tech trends and biggest startup news. Email address * Subscribe Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347