Reuters Market Eye - Redington India jumps 12.2 percent.
Marks all-time high of 147.75 rupees.
Apple plans big India push with 500 stores - Economic Times report
A franchise model is likely to be adopted and could be spearheaded by Redington, the report adds.
Apple currently operates in India through two key distributors - Redington and Ingram
Redington is up 93.5 pct YTD compared to 35.8 pct of Nifty.
Also Read
Stock trades at 13.94x F12M earnings compared to 15.5x for rivals - Reuters data.
(Reporting by Abhishek Vishnoi)
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