Synopsis: Small-Cap shares jumped 15% after Apple Inc. expanded iPhone manufacturing in India. Production rose to 55 million units in 2025 from 36 million in 2024, making India about 25% of global output and boosting investor sentiment toward Apple-linked supply chain firms like Redington.
The shares of the small-cap company, specializing in the integrated distribution and supply chain management of information technology (IT), mobility, and technology products, rallied 15 percent in intraday trade, followed by an increase in production of Apple products.
With a market capitalization of Rs. 20,748.29 Crores on the Day’s Trade, the shares of Redington Limited rose by 15.3 percent, reaching a high of Rs. 268.65 compared to its previous close of Rs. 233.00.
Vanguard under the Vanguard Total International Stock Index Fund holds a 1.08 percent stake in the company as of December 2025, and under the Vanguard Emerging Markets Stock Index Fund, it holds a 1.00 percent stake during the same period.
What Happened
Redington Limited, engaged in the integrated distribution and supply chain management of information technology (IT), mobility, and technology products was one of the top talks today as it has rallied 15 percent in the day’s trade.
Reason for the Surge
The sharp rise attracted strong investor interest and placed the stock among the notable market gainers as Apple has expanded its manufacturing in India, which may possibly boost its growth, being one of the leading vendors for Apple products in India.
Apple Inc. has significantly expanded its iPhone manufacturing in India, assembling about 55 million iPhones in 2025 compared with 36 million units in 2024, a 53% year-on-year increase, according to a Bloomberg report.
With global iPhone production estimated at around 220–230 million units annually, India now contributes roughly 25% of total output, highlighting Apple’s strategy to diversify manufacturing beyond China to reduce geopolitical and tariff risks.
The expansion is also strengthening India’s electronics ecosystem, with more local production of components such as lithium-ion battery cells, device enclosures, and accessories like AirPods.
At the same time, India is becoming a key market for Apple, with sales crossing $9 billion and plans to introduce Apple Pay. Positive sentiment around Apple’s growing presence is also benefiting companies in its supply and distribution network, contributing to rising investor interest in firms linked to the company.
Financials & Others
The company’s revenue rose by 15.74 percent from Rs. 26,716 crores in December 2024 to Rs. 30,922 crores in December 2025. Meanwhile, Net profit rose from Rs. 403 crores to Rs. 413 crores in the same period.
The company demonstrates strong financial health, with a Return on Capital Employed (ROCE) of 18.9% and a Return on Equity (ROE) of 14.4%, indicating efficient use of both capital and shareholder funds. Its debt-to-equity ratio of 0.29 reflects a conservative capital structure with low financial leverage. Additionally, the company has maintained a healthy dividend payout of 37.8%, signaling consistent returns to shareholders.
In Q3 FY26, the company’s vendor distribution is led by Apple at 33%, followed by Lenovo (10%), HP Inc (8%), Samsung (4%), and Dell EMC (4%), with the remaining 41% sourced from other vendors, reflecting a diversified supply base.
Redington Limited is an Indian supply chain solutions and technology distribution company headquartered in Chennai. Founded in 1993, the company specializes in distributing information technology (IT), mobility, cloud, and lifestyle products from global technology brands to retailers, resellers, and businesses. Over the years, Redington has built a strong presence across many markets in various regions.
The company acts as a key link between major technology manufacturers and the market, offering services like product distribution, supply chain management, logistics, and after-sales support. Redington partners with leading global brands and helps them reach a wide network of partners and customers through its extensive distribution infrastructure.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post Why Did Redington Shares Skyrocket by 15% Today? appeared first on Trade Brains.