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Rising iPhone sales could elevate these stocks: Keep them on your radar

15 0
yesterday

Rising iPhone sales could elevate these stocks: Keep them on your radar

Investors are keeping a close watch on several companies linked to Apple's growing sales and the rising demand for iPhones in India. These include Redington and Electronics Mart India, both of which are associated with Apple's supply chain and retail operations. Redington is part of Apple's authorised distribution network, and Apple accounted for a 31% share of Redington's top five vendors in Q1 FY27.

Kolkata: The rising demand for Apple iPhones in India could benefit not only the company itself but also the Indian firms associated with it. Apple continues to enjoy a strong brand image and sustained demand for its premium products. The increase in iPhone sales and manufacturing in India is likely to impact the businesses of companies within its supply chain. Consequently, companies like Redington and Electronics Mart India are attracting investor attention due to their business connections with Apple.

Market price of Redington and Electronics Mart India

On Monday (Sept 21) Redington shares closed at Rs 392.80. It........

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