India's GNG Electronics hits record high after partnership with local IT distributor
01/07/2026 08:46
BUZZ-India's GNG Electronics hits record high after partnership with local IT distributor ** Shares of GNG Electronics GNGL.NS rise 5% to a record 656.7 rupees; on track for fifth straight session of gains
** Household electronics company partners with IT product distributor Redington Ltd REDI.NS for nationwide distribution of refurbished computers
** Deal expected to bolster GNGL's flagship brand Electronics Bazaar's distribution velocity, geographic penetration, and embed its products within organised channel ecosystems
** YTD, stock up 113.46%
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
Recent news on GNG Electronics
See all newsBrief: GNG Electronics Says Subsidiary Of Company Has Entered Into Tenancy Contract With Government Of Sharjah
Brief: GNG Electronics June-Quarter Consol Profit 289.3 Million Rupees
India's GNG Electronics hits record high after partnership with local IT distributor
Brief: GNG Electronics Announces Strategic Partnership With Redington For Nationwide Expansion
India's GNG Electronics jumps; Emkay initiates coverage with 'Buy'