Redington Shares Surge 15% After Report of 25% iPhone Production Shift to India
Shares of Apple distributor Redington witnessed a sharp rally in the Indian stock market after reports revealed that nearly 25 percent of global iPhone production has shifted to India. The development strengthened investor confidence in companies linked to Appleās expanding manufacturing ecosystem, pushing Redington Shares higher by nearly 15 percent during intraday trading. The surge…